Saturday, January 19, 2008

Economic freedom.

Britain?  Not so much.

The ever harsher verdict on Britain comes as Mr Brown’s tax and spend policies begin to reshape the basic structure of the UK plc, transforming it from one of Europe’s leanest fiscal states to one of the most bloated.

“Total government expenditures, including consumption and transfer payments, are very high. Government spending has been rising since the 1990s and in the most recent year equaled 44.7 percent of GDP,” said the UK country report.

(4) Comments
Posted by Bill Kramer at 2146 hrs
Foreign Affairs + Politics

  1. And the takeaway from these 2 posts is what?

    Any personal perspectives on the current administration’s culpability for the state of the US economy.

    Posted by .(JavaScript must be enabled to view this email address) on January 19, 2008 at 2227 hrs


  2. I don’t think Doyle had anything to do with it, but I have some questions about how he may have impacted Michigan.

    Posted by .(JavaScript must be enabled to view this email address) on January 19, 2008 at 2317 hrs


  3. With all due respect, Representative Kramer, this is about what I’d expect the British equivalent of the Wall Street Journal to say in an editorial about a Labour prime minister’s economic policies as they relate to a study put out by the Heritage Foundation.

    Posted by .(JavaScript must be enabled to view this email address) on January 22, 2008 at 0942 hrs


  4. Whether the report was placed there, the Wall Street Journal, or the back of a cocktail napkin, the fact remains that the British government spends almost half of what their economy produces.

    Posted by .(JavaScript must be enabled to view this email address) on January 23, 2008 at 0122 hrs


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