John McDonnell lays the basis to restore Labour’s economic credibility with the ‘Fiscal Credibility Rule’
The following article by Michael Burke, on the economic framework being set out by Labour’s Shadow Chancellor John McDonnell, was previously published by Socialist Economic Bulletin.
Labour lost the last general election because it had no economic credibility, as the overwhelming bulk of opinion polls show. John McDonnell’s new ‘Fiscal Credibility Rule’ decisively and correctly addresses that issue.