Explained in plain English
Why borrow for growth?
Economists often argue that investing in things like infrastructure, education, or green energy can boost the economy in the long run. While borrowing adds to the national debt, these investments are intended to create jobs, increase productivity, and ultimately lead to higher tax revenues in the future, helping to pay back the initial loan.
Stories that explain this
Healey urged to borrow more for growth before October budgetThis explainer came from a news story
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