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"We got into this mess by living beyond our means. We spent more than we earned and saved nothing as a nation. Of course, families and businesses know that – and many have begun the painful transition, paying off debt and cutting back on non-essentials. Only the Government believes that you can fix a problem caused by borrowing and spending too much by doing more of the same. Tax revenues Gordon thought were permanent, and based his spending plans on, were temporary revenues that came from the bubble. These have evaporated, leaving a black hole in the budget that he is filling with higher taxes on the wealth-creating sector and with more borrowing and printed money.
Living standards will fall, unemployment will rise and public services will decline unless we can create new wealth. The key lies in curbing the growth of government and by nurturing small and medium businesses.
Of course, we are doing the opposite. Government bureaucracy is out of control. Instead of lowering burdens, the Government is crushing businesses with higher taxes, charges, National Insurance contributions and quango-imposed bureaucracy."
Living standards will fall, unemployment will rise and public services will decline unless we can create new wealth. The key lies in curbing the growth of government and by nurturing small and medium businesses.
Of course, we are doing the opposite. Government bureaucracy is out of control. Instead of lowering burdens, the Government is crushing businesses with higher taxes, charges, National Insurance contributions and quango-imposed bureaucracy."
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Há aqui alguma coisa que não seja aplicável ao nosso caso?
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Depois temos isto "S&P piora avaliação das finanças públicas portuguesas" (Moi ici: como posso ser tão... que sou incapaz de ler esta pérola sem rir "As medidas de estímulo orçamental em Portugal dirigem-se também à resolução dos problemas estruturais do país" Quais?)
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