I don’t normally RT provocateurs but this is a useful prompt to discuss economic illiteracy on the right. In May, we borrowed £3.8bn at a “negative yield” - meaning we were literally paid by investors to take their money for three years. There is no burden of debt.
Of course, in reality the cost of providing free school meals is a rounding error in the national budget - the Tories are rejecting it on principle, not because they’re worried about balancing the books.
But the fact that borrowing is better than free (right now; to be clear, this isn’t always the case, and markets will shift) simply can’t fit with the prevailing conservative ideology of the past 40 years. So... they ignore it.
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