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Old January 8th 18, 11:09 AM posted to uk.transport.london
Roland Perry Roland Perry is offline
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First recorded activity at LondonBanter: Aug 2003
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Default TfL rolling stock crisis

In message
-septe
mber.org, at 11:17:32 on Mon, 8 Jan 2018, Recliner
remarked:

How do you know what the cost of political upheaval after raising taxes
is likely to be?


But they wouldn't raise taxes. They'd just borrow the money more cheaply,
thus ultimately reducing future taxes.


What makes you think they have the power to borrow the money required?
--
Roland Perry