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:
     
    Well said Peter.

    Tom #62 The failure of the government in running the economy is the result of years of spend, spend, spend in an unsustainable way. Keynes is the left's favourite economist as he provides them with a reason to allow a deficit to build but the problem is that the left ignore the other part of Keynes rule, you balance the current account during the growth phase of the economy. Brown ignored that and increased the deficit while the economy was growing resulting in cuts now having to be made in a recession.

    If you do not balance the current account in the growth phase, Tom - when would you balance it? Brown, of course, boasted he had defied the natural laws of economics and banned boom and bust, he said so, but I am sure you are not that blind to reality to have believed him.

Report Post

 
end link