One simple way to ease the pain – cut taxes
Mr Boom (Brown) and Mr Bust (Darling) have achieved the recession that their Labour economic policies were always going to deliver – as Merv ‘the Swerve’ and Mr Boom admitted in the last few days. Now, having created a bad situation for the country’s economic and financial position, can they perhaps ease the pain?
Alas, no. Their economic policies have very much been about government intervention – the bank bailouts, nationalisation, the ‘spend our way out of the recession’, and Keynesian (a swear word if ever there were one) spending on public works.
There is one way by which this gutless Government could ease the pain. It is quite simple. They should cut taxes.
But unfortunately that is beyond the leftwing ideologues who run the country. Their socialism has been revealed, as the only way they know how to respond to an economic downturn.
How much longer people in the UK have to suffer from Labour’s policies is anyone’s guess. Tax cuts are the only way to ease the pain, but this lot aren’t going to deliver those.
Will anyone?
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