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Tuesday, 23 March 2010

Budget 2010: What you would do if you were chancellor | UK news |‏

"Income tax up. National insurance up. VAT up. A freeze on state benefits. An extra year at work before the state pension kicks in. As a nation we don't tend to make a fuss, but if Alistair Darling listened to you lot there would be rioting in the streets."
Interesting piece this.
I'm inclined, largely, to agree. The worry is that tax rises and other measures outlined here could choke off demand in the economy and kill any recovery as surely as the Tory proposals to cut everything on that side.
Overall though, good thinking

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