[wdmmg-discuss] UK tax and cuts

Fri Jun 11 18:55:20 UTC 2010

Some variation on Balence The Books.  (it should be about tax and cut
IMO)

On 11 Jun 2010, at 19:49, Alistair Turnbull <apt1002 at goose.minworks.co.uk
 > wrote:

> On Fri, 11 Jun 2010, Tim Hubbard wrote:
>
>> At 16:25 +0100 11/6/10, Lisa Evans wrote:
>>
>>> We need:
>
>>> - suggestions for a name for the project
>
>> www.howwouldicutthedeficit.org (hwictd)
>
>> www.selfgov.org (domain is taken though)
>>
>> ideas?
>
> How about "www.economystupid.org"? But somebody else has had the
> same idea:
>
>    http://www.theeconomystupid.eu/introduction.html
>
> By the way, at the risk of getting into difficult macroeconomics,
> *how much* should we cut the deficit? I feel this is a question that
> is more comprehensible than the ones we've been asking so far, and
> no less important.
>
> It's a difficult one to answer. Have a look at the debate raging in
> Greece, for example. I remember Rufus explaining to me that
> something like 7% of GDP is an "acceptable" deficit (and about half
> the current UK deficit), but I can't remember the reasoning.
>
> In terms of the proposed game, I think this probably means I want a
> control that lets me pay off the deficit by printing money, and
> allowing inflation to rise, or something similar. Is that right,
> Rufus?
>
>    Alistair
>
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