Peter Hoskin

More anger over the 10p tax con

Simon Heffer’s at his angry best in today’s Telegraph, attacking Brown over the recent 10p tax con.  Here are the last two paragraphs, but do read the whole thing:

“The £2.7 billion loan, at a time when we are grotesquely over-borrowed, is the final sign not merely that this man has no idea about sound economics, but that he is unfit to see the country through hard times. Total public spending is around £617 billion a year. It would not even have constituted what accountants call a rounding error to make a saving of £2.7 billion in a total of that magnitude, yet Mr Brown could not bring himself to sack a few thousand from his overmanned client state, or trim spending elsewhere, like the private sector is being forced to do thanks to his mistakes. He is the corporatist equivalent of a shopaholic, the Viv Nicholson of Downing Street; when all else fails, go on a splurge.

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