Re: This should make people happy
@James Anderson
"Just to illustrate the total lack of correlation between low taxes and a successful economy,"
Ah. Just as there is no correlation between high tax and a successful economy.
"If there is any correlation it is that higher tax economies tend to be more successful."
Except that has yet to be shown. High tax has been shown to be extremely damaging and has to be reversed unless massively transforming the economy to private hands and market forces and trading off growth and prosperity.
"Note to neo-liberal novices. Most government spending is included in GDP calculations, George Osbornes cruel and unnecessary "austerity" automatically reduced growth in the UK economy."
Except there wasnt austerity. Austerity would be a reduction, not less of an expansion. And where was the spending to come from? Labour even left them a note saying good luck there is no money left and thats after selling gold, PFI contracts and drunken sailor spending. Should have done even more borrowing? Look where that gets us, we are here.
Biting the hand that feeds IT
