Its all very well having 734 planned infrastructure projects in the pipeline with a total budget of over £700bn, but if they don't actually get under way then this is just more declaratory politics;
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Its all very well having 734 planned infrastructure projects in the pipeline with a total budget of over £700bn, but if they don't actually get under way then this is just more declaratory politics;
You can declare you're going to invest in infrastructure, and then you can amend your fiscal rules to allow that sort if investment not to undermine the fiscal position.... but actually, the project *do* need to get under way!
At the moment, way too few do!
#infrastructure #FiscalRules
h/t FT -
Its all very well having 734 planned infrastructure projects in the pipeline with a total budget of over £700bn, but if they don't actually get under way then this is just more declaratory politics;
You can declare you're going to invest in infrastructure, and then you can amend your fiscal rules to allow that sort if investment not to undermine the fiscal position.... but actually, the project *do* need to get under way!
At the moment, way too few do!
#infrastructure #FiscalRules
h/t FTWhat? In today’s economy you simply declare you’re going to build or buy from your AI BFF and the y return the favor.
The future is here, babe. To the moon!
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Its all very well having 734 planned infrastructure projects in the pipeline with a total budget of over £700bn, but if they don't actually get under way then this is just more declaratory politics;
You can declare you're going to invest in infrastructure, and then you can amend your fiscal rules to allow that sort if investment not to undermine the fiscal position.... but actually, the project *do* need to get under way!
At the moment, way too few do!
#infrastructure #FiscalRules
h/t FT@ChrisMayLA6 but then they can blame all those pesky planning rules and pettyfogging regulations and declare another bonfire of red tape
Everyone’s a winner…
Except the people who just want things to work and their lives to improve
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Its all very well having 734 planned infrastructure projects in the pipeline with a total budget of over £700bn, but if they don't actually get under way then this is just more declaratory politics;
You can declare you're going to invest in infrastructure, and then you can amend your fiscal rules to allow that sort if investment not to undermine the fiscal position.... but actually, the project *do* need to get under way!
At the moment, way too few do!
#infrastructure #FiscalRules
h/t FT@ChrisMayLA6 Once Upon A Time I was sitting in a full council meeting when I received a text from my MP.
"Hi Tim, have you got any shovel-ready transport schemes that the Chancellor can announce in next week's budget?"
How not to do infrastructure, I thought.
(Hint: you ain't gonna spend large amounts of money working a scheme up to being shovel-ready if no funding stream to actually build it has yet been identified.)
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@ChrisMayLA6 Once Upon A Time I was sitting in a full council meeting when I received a text from my MP.
"Hi Tim, have you got any shovel-ready transport schemes that the Chancellor can announce in next week's budget?"
How not to do infrastructure, I thought.
(Hint: you ain't gonna spend large amounts of money working a scheme up to being shovel-ready if no funding stream to actually build it has yet been identified.)
yes, the tyranny of the 'announceable' is a nightmare
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yes, the tyranny of the 'announceable' is a nightmare
@ChrisMayLA6 Actually following that, in my future conversations with the transport authority (the county council - I was a district councillor) I did encourage them to do at least a little preliminary work on some of the wish list schemes so that we could plausibly say "yes, pretty much" next time. It's still no way to run a country.
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What? In today’s economy you simply declare you’re going to build or buy from your AI BFF and the y return the favor.
The future is here, babe. To the moon!
@GhostOnTheHalfShell @ChrisMayLA6 Vibe building.
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