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The funds to pay taxes and buy government securities come from government spending.
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UK Daily | U.K. Manufacturing Demand Strengthened in June, CBI Report Shows

Posted by WARREN MOSLER on June 21st, 2012

As suspected, signs that UK deficit spending is looking large enough to support a bit of growth. Now watch for the proclamations about how austerity works…

UK Headlines:
U.K. Manufacturing Demand Strengthened in June, CBI Report Shows

CML Says U.K. Gross Mortgage Lending Rose 24% in May From April

U.K. Retail Sales Rise More Than Forecast After April Slump

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This entry was posted on Thursday, June 21st, 2012 at 10:28 am and is filed under Government Spending, UK. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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