Quote of the day 1st October 2014

“You don't drown by falling in the water; you drown by staying there.”
  
( Edwin Louis Cole )

Comments

Jim said…
So true, so how do you stop drowning in a sea of debt? well first ironically, you need to lower taxes. odd that but true.

secondly you cut spending, but how? well "Jims law" will help there, but also there are the tough desisions, what should be funded and what should not. exdex, no less funding for, either funded or not.
Chris Whiteside said…
I agree with your point that increasing taxes does not always mean more tax revenue, and George Osborne clearly would too, and so would even the more intelligent New Labour people.

That's why GB left the 40% top rate alone for 12 years and only increased it, not to get more money but as a divisive political trick a year ahead of the 2010 election.

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