In a recent edition of the Newscast programme Kuenssberg, the corporation's former political editor, suggested government borrowing was like a mortgage or taking out a credit card... borrowing for capital spending is a bit like if you took out a mortgage to buy a house or for day-to-day spending you buy loads of new frocks on your credit card, they are not the same kind of spending.
Shadow chancellor Rachel Reeves has talked about the Conservatives maxing out the credit card, and Keir Starmer and Rishi Sunak have also used the analogy. But is it a fair comparison? A group of senior economists think not.
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