Trevor Kavanagh’s Monday column in the Sun is always one of the week’s best reads – but today’s is even better than usual. It contains most of today’s major political and economic questions in a nutshell, and offers some useful pointers on how to resolve them. I’d recommend you read it all, but here’s a key passage from towards the end:
“One day this slump will end — but only if Britain finds new motors for economic growth to replace the bankrupt City and punch-drunk consumers.
The Tories should be asking why, if we really must double the national debt, don’t we spend it on something useful?
Like raising the starting point for income tax by £5,000 a year — instantly hauling millions out of poverty and reliance on welfare?
Why not slash National Insurance — a penal tax on jobs — and cut tax on business?
Let’s cut stamp duty and get the housing market moving again.
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