The Womens' Budget Group point out the UK's current Fiscal Rules don't count investment in social infrastructure *as* investment for the future.... so they suggest four changes to the Fiscal Rules [typo in WBG's post]:

1. Recognise social infrastructure as investment;

2. update the debt rule to reflect investment cycles;

3. move to a fairer & progressiste tax system;

4. Base macroeconomic policy on national needs, not narrow accounting definitions

#economics

https://www.wbg.org.uk/publication/rethinking-fiscal-rules-a-new-fiscal-framework-for-investing-in-social-infrastructure-and-promoting-gender-equality/