TITLE

SPEND NOW, BUT JOBS MARKET MAY PAY LATER

AUTHOR(S)
Philpott, John
PUB. DATE
December 2008
SOURCE
People Management;12/11/2008, Vol. 14 Issue 25, p10
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The author discusses a pre-budget report released by British Chancellor Alistair Darling on November 24, 2008. According to the author, the budget provides a big tax giveaway in 2009 but signals fiscal austerity for several years thereafter. He believes that a temporary cut in value-added tax (VAT), along with a number of spending measures, is part of a fiscal boost to the economy designed to prevent the recession from being both long and deep.
ACCESSION #
35961176

 

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