Alistair Darling is an idiot
I just heard
my MP on the radio a few minutes ago. He was talking about the Tory noises about tax cuts.
Darling said:
Take £21 billion out of the economy and it's bound to have an effect.
Does the Chancellor really think that the economy consists solely of the state sector? What's being proposed is the transfer of money from the less productive part of the economy to the more productive part with a resulting
increase in overall welfare.
(Needless to say, I don't believe for a moment that the Tories actually would cut the level of taxation.)
posted by David Farrer at 18:12
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