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Howard. That is nothing to do with the clearly demonstrated economic ignorance displayed by Alexander in last post.
There have been many Chancellors, good and bad, who have not had economic qualifications but they have had good (or bad) judgement and do at least take time to understand something about what they are talking about and listen to advisers and other who do know what they are talking about.
No matter how patient we are (Ross, Peter, me and Paul) in explaining to Alexander how the economy actually works he just ignores it and persists with his fantasy.
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