tag:blogger.com,1999:blog-755834342571488774.post3715473992183727141..comments2024-03-20T08:05:26.167+00:00Comments on Bracknell Blog: Alan Johnsons right - capital spending requiredMark Thompsonhttp://www.blogger.com/profile/00744387583593537268noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-755834342571488774.post-70758698890657282922010-10-17T18:46:17.986+01:002010-10-17T18:46:17.986+01:00Totally agree Darren, and I've been saying it ...Totally agree Darren, and I've been saying it myself for months. For example, spending £2,000 a month on hiring a builder for a capital project provides approximately a 75% return for the government in terms of benefits saved and taxes/duties earned from that person's additional spending/earning ability. Which is why the cuts are so futile if they further the stagnation of the economy.<br /><br />As for no money - we can borrow at historically low levels, to create a debt that will only be paid off by stimulating the economy and increasing tax revenues to the government. There's always money, it just needs to be spent wisely (unlike, for example, 2005-2008).Kevnoreply@blogger.comtag:blogger.com,1999:blog-755834342571488774.post-8814296746598067982010-10-17T11:28:50.602+01:002010-10-17T11:28:50.602+01:00"There is simply no money left" - Liam B..."There is simply no money left" - Liam Byrne, outgoing Chief Secretary to the Treasury, May 2010Anonymousnoreply@blogger.com