Very near the beginning of his speech introducing the comprehensive spending review, George Osborne attempted to frame the exercise in the simplest of terms: “We are going to ensure, like every solvent household in the country, that what we buy we can afford; that the bills we incur we have the income to meet.” Either you accept the chancellor’s analogy or you do not. I do not. Of course the deficit matters. But it should be a policy variable rather than targeted to meet a dim accountant’s idea of balance.
英国财政大臣乔治•奥斯本(George Osborne)在介绍他的《全面支出评估报告》(CSR)时,开篇伊始,就试图用最简单的语言为自己的行动划定框架:“我们将保证,与英国每一个有偿付能力的家庭一样,我们将量力支出;收入足以支付我们的开支。”不管你是否认同他的类比,我本人无法接受。赤字固然十分重要,但它应该是一个政策变量,而不是用于设定一个目标,以满足某个愚蠢会计师的收支平衡构想。