A Different Bias
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The Tories Are Choosing High Inflation
Posted
September 2, 2022
Views
39,925
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3,682
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September 2, 2022
39,925
3,682
457
10.37%
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9:31Now PlayingIt has been reported that the Treasury tried to get their £400 universal household grant classified as a reduction in energy bills in order to keep inflation down and avoid some debt interest. The attempt has failed because it is not a reduction in energy bills, but a universal income boost. But the government could have chosen to just reduce energy bills directly. It would have been a better use of public money, and would have kept inflation lower. They are choosing higher inflation.
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