Rachel Reeves’s budget of jam today, increase tax bills nearer the election seems to have appeased the bond markets and backbenchers for a while. Your editorial, however, is correct to say that, over the longer term, the economic revival that so many people and businesses crave will only come when the government spends on the scale required (The Guardian view on Labour’s budget: real gains for children and struggling families are a welcome shift, 26 November).
In the Green New Deal Group’s recent report – A Popular Budget – we outlined how, in the run-up
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