Again - lower taxes and balanced budgets are NOT THE SAME THING.

Low taxes is not the only form of fantasy economics practised on by the right wing.

Balanced budgets are fine, whatever, as long as they are regarded as an incidental circumstance rather than an actual policy objective.

And when your creditworthiness is decided in London,

... then your central bank is not doing its job.

- Jake

Friends come and go. Enemies accumulate.