Familiar?
According to the FT "Spending pledges by the UK’s two main political parties will increase the size of the state to the levels of the 1970s and result in higher taxes over the next parliament, according to research. Both Labour and the Conservatives have promised to increase government spending ahead of the December 12 general election. Under the Tories, spending would rise to 41.3 per cent of GDP by 2023-24, while Labour’s plans would see spending grow to 43.3 per cent, according to the Resolution Foundation, a think-tank."But what do we think of the great political game of spending catch up?Someone stands on the podium. He lies, everyone applauds, but knows that he is lying and he knows they know he is lying. Still, he says all that stuff and enjoys the applause.Familiar? Only if you have read the brilliant Second Hand Time by Svetlana Alexievich where she interviews Russians about life under the Soviets.
Hugh Thompson ● 2542d0 Comments