Philip Booth discusses the budget deficit and the public sector pay freeze on the BBC News Channel and Radio Five Live
In the television interview, the IEA’s Editorial and Programme Director argued for immediate cuts. The rapid recovery from the recession of the early 1980s showed that fiscal tightening could go hand in hand with a return to growth.
In the radio interview, Professor Booth pointed out that government proposals to freeze the pay of high-ranking public sector workers, such as judges and senior civil servants, would make only a tiny contribution to reducing government borrowing. He also mentioned the issue of generous public sector pensions funded by taxpayers.
Listen to the radio interview here. Philip Booth’s segment begins 42 minutes in.