15-02-12, 09:25 AM
Quote:Personally I don't think brown was " worst chancellor" ..if you review his achievements over the first 2 labour governments it was very upbeat.
Not really - he mistook the unsustainable bubble for genuine growth (so when it popped we ended up f**ked) and also used a load of slight of hand tricks - some of the benefits he introduced were so universal that practically every family qualified, so if we all qualified for money from the government where did that come from? Tax of course! A big merry go round, tax to pay for the handouts we all got with the civil service skimming off a wage in the process. £10 tax -> £8 benefit :rollin
Borrow for investment? Borrow from China to pay for more shopping malls to sell more junk made by China. Now China is rich and we are bust.
Time to curtail the tax/benefit merry go round. No more handouts.