Thursday, 26 March 2009

Whilst I Remember

Listening to the sainted Hannan it struck me that he only had time to attack Brown on th debt failures of his tenure. The other terriffic failure is Browns taxation and wanton destruction of capital.
In may ways this is even worse than his debt binge. The economy needs capital. Capital is used to multiply the efforts of labour. It makes them more productive. Destroy it and productivity goes down. Browns tax 'n spend policies majored on stealth taxes on capital.

1 comment:

Oldrightie said...

So basically, you are saying that Brown is more or less a useless prat?
No brainer!