In today's Business Daily, I make an argument that we are seeing a debate about the state of the economy based on the simplistic assumption of a binary state of "it is bad - it isn't".
The case I argue is that we cannot have fiscal discipline, without having fiscal rules. And fiscal rules are not the same thing as the ex post audit on how money has been spend - for that is simply accounting and not policy discourse.
And just for the record: I am not debating Mrs Beth Mugo, who seems to behaving a monologue!
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