Thursday, 18 March 2010

BBC News - Pre-election Budgets of the past‏

"1987 -NIGEL LAWSON, CONSERVATIVE
Nigel Lawson slashed 2% from the basic rate of income tax and froze a variety of excise duties in a buccaneering pre-election Budget, which saw him boast that the government had achieved the impossible - cutting taxes, cutting borrowing and raising public spending (although he froze child benefit in cash terms). It led to Labour accusations of a "bribe" Budget - and fuelled what turned out be an unsustainable economic boom - but it seemed to do the trick for the Conservatives at the ballot box.

GIVEAWAY RATING: Huge. The mother of all pre-election bonanzas

ELECTION EFFECT: Cemented Tory victory despite high unemployment "

Well worthy of note given that he's an advisor to Ozzy. And mental

No comments: