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Government debt and Covid-19 – why there’s no need to worry

It is inevitable that UK government debt will rise above pre-pandemic levels as government spending is stepped up, but there are good reasons not to fear such a scenario, and the pressure to return to austerity should be strongly resisted. The focus must be on boosting the recovery and reshaping the economy towards one that […]

The post Government debt and Covid-19 – why there’s no need to worry appeared first on Positive Money.

source http://positivemoney.org/2020/06/government-debt-and-covid-19-why-theres-no-need-to-worry/

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