Dover.uk.com
If this post contains material that is offensive, inappropriate, illegal, or is a personal attack towards yourself, please report it using the form at the end of this page.

All reported posts will be reviewed by a moderator.
  • The post you are reporting:
     
    Mark - I am not saying that all public spending is bad, I am not saying that public policy does not have a role, what I am saying is that wealth creation must have a much bigger priority than the left and, specifically in government, Labour allow for.

    You cannot simply burden the private sector with more and more of a tax burden and more and more administration and red tape without paying a heavy price in economic performance.

    Right now we are paying that price. Public spending at 53% of GDP is intolerable - economic growth will struggle under a burden like that. Add to that all the economically counter productive legislation we have seen over the last 13 years (and, to a smaller extent under Major as well) it is no wonder we had the longest and deepest recession for 80 years and are struggling to get out of it.

    The balance swung much too far toward 'social policies' and non-productive spending over those 13 years. It needs to swing back. Difficult yes, painful yes, public spending is like a drug on which we have become hooked. We have to get off that drug in order to restore the economy to health. We have to grit our teeth and get on with it, the quicker the better or the downward spiral will only get worse.

Report Post

 
end link