The worst thing you can do in these circumstances is slash government spending, since that will depress the economy even further. Pay no attention to those who invoke the confidence fairy, claiming that tough action on the budget will reassure businesses and consumers, leading them to spend more. It doesn’t work that way, a fact confirmed by many studies of the historical record.I can see her now, a vision in a froth of white chiffon, a golden wand with a silver star on the top and the twinkling sound it makes as she shakes it over Gideon's porcine features.
Back to our profligate friends across the water. I can't believe Toby and Josh are not beavering with others in the background so that CJ can deliver a knockout blow to the evil empire. Oops carried away there.
Tax rates may not be about to increase but that does not mean the tax take can not increase! If the revenue men get out there offshore and bring home the gouging b*****ds bacon we could all rest a little easier in our beds!
