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hahaha i love the facial expressions when you said "would you rather go fast then slow fast then slow acceleration breaking acceleration breaking bumping along" aha, made my day. great videos! thanks :)
I think fiscal drag can act as an automatic stabiliser to some extent. The occaisional rise in tax thresholds is fine but what I'm against is an automatic rise. The budget of 1988 would have been a lot more helpful if Lawson hadn't made tax cuts designed to alleviate the effects of fiscal drag.
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