The Government Is Not a Household

A government is not a household | New Economics Foundation

A government is not a household. Claims of ending austerity ring hollow, until we do away the 'household fallacy'.

The Government Is Not a Household: A Long-Term Perspective on a ...

The metaphor invokes an indebted household that ought to curtail its spending to avoid accumulating more debt and to pay down over time the bills that have ...

Government-Household analogy - Wikipedia

The Government-Household analogy refers to rhetoric in political economic discourse that compares the finances of a government to those of a household.

Governments Are Nothing Like Households - Forbes

A responsible, stable government that issues its own currency is nothing like a household. Trying to manage it like one merely impoverishes its population.

Government finances are not like those of any household

The government is in a totally different position from any household because it can quite literally create the money that it needs to spend.

Government finances are not like those of any household - YouTube

Politicians keep claiming that the government must run its affairs just like a household. Absolutely nothing could be further from the truth ...

Why government debt is not like household borrowing - The Guardian

How do governments borrow? A government has an income, mainly from tax receipts, but unlike a household, it can raise many billions of pounds ...

Why comparing federal and household budgets doesn't work

Households and governments and the tools that are available to them are not the same.” One tool the government has? Taxes. “As we all know, it's ...

Government as household: if only! - Stumbling and Mumbling

But not always. If the government were serious about managing the public finances as if they were a household, policy would actually improve in ...

The “Household Fallacy” fallacy - Institute of Economic Affairs

Governments and households are not the same at all because households may be constrained by the need to repay debt but governments are not.”

The origins of the 'household analogy' - Tax Research UK

The idea is quite specifically proposed that the government is akin to a household and must budget its affairs in a similar fashion.

Opinion: The nation is not a household - In-Common - Southampton

If a family chooses not to buy a new kitchen they will save the cost of the kitchen and their income will not be affected. This is not true of ...

The household fallacy - ScienceDirect.com

Governments do not need to raise taxes or lower spending to balance budgets. · They may instead set tax rates and expenditures independently of economic ...

The Federal Budget Is Not a Household Budget

The Federal Budget Is Not a Household Budget. Yes, overspending is bad for you and Uncle Sam alike, but the comparison breaks down in several ...

The economy is not like a household budget - Bevan Foundation

The economy is not like a household budget because the government can a) create money itself, legal tender, and it can b) license banks to ...

Why the federal budget can't be managed like a household budget

Not all budgets are created equal – even if politicians say they are. The fed is much better off when it is short on cash.

Why the federal budget is not like a household budget

This government is fond of comparing the economy to a household budget - but there is one really major difference.

The federal budget is often compared to a household budget. But it's ...

The purpose of a government budget is to help the entire economy, whereas a household budget is mainly concerned with its own financial ...

HOUSEHOLD VS GOVERNMENT BUDGETS (Part 2) - LinkedIn

You would expect that the approach to budgeting would be the same for governments and households, but it is not. Households typically adjust ...

One More Time, the Government Is NOT Like a Household or a ...

Finally, the government, as an issuer of a fiat currency, with debt denominated in it's own currency, can always simply create the money needed ...