The debt build-up isn't a problem for now but it will be when employment and wage growth eventually slows and the government is not cutting taxes and boosting spending.
Rossa White
Early indications suggest that consumer spending was at least as robust in January. New car sales reached a new record for that month.
car early sales january
growth government problem taxes debt employment cutting
Exports increased at their slowest pace since the 1980s [ excepting 2003 figures affected by VAT fraud], but import demand was robust due to healthy consumer spending and machinery and equipment investment.
healthy demand investment
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