Don’t let the Tories fool you: we must borrow to invest | Owen Jones

There will be a rightwing backlash against Labour’s strategy for reviving the economy, but it is clearly the right approach

Here is a story about how crude dogma and a factually baseless political attack line are wrecking the country’s future. Britain desperately needs investment, and with interest rates this low it would be economic madness not to borrow to fund it.

Even a Conservative cabinet minister such as Sajid Javid has broken ranks to demand £50bn of borrowing to solve the housing crisis

Related: George Osborne wants money to fight the poverty he caused? He has no shame | Polly Toynbee

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Read the original at Economics | The Guardian.