‘Living within our means’ has become a cliché of late.  George Osborne continues to espouse it as justification for austerity policies,  but Labour’s new shadow Chancellor John McDonnell’s  apparent endorsement of George Osborne’s  ‘ Fiscal Charter’ which commits governments to achieve balanced budgets over a  5 year parliamentary cycle, may seem perplexing;  given his clear … Continue reading ‘Living within our means’ →