For years we had total policy certainty
“I have always been of the opinion that unpopularity earned by doing what is right is not unpopularity at all, but glory.”
- Marcus Tullius CiceroFrom Daniel Lacalle twitter
"Policy uncertainty" means nothing.
For years we had total policy certainty: Higher taxes, higher deficits and debt, and inflationism.
Furthermore, it is laughable to see that lower taxes and cutting spending "add" to uncertainty, but raising them reduces it.
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