Friday, November 27, 2009

Where the Keynsians are leading us ...(again)

Fraser Nelson makes some key and very important point about the future of the UK if the Keynesian's as represented by Gordon Brown, Vince Cable etc are allowed to determine our future. Read his post "Turning Japanese" here.

It is some ways relates to my post earlier this weak about The age of Pussyfoot.

1 comment:

Anonymous said...

Ah, going back down the same Keynesian path that led to the disasters of the 1970s. Oh, right, since allowing cheap credit for the masses and embarking on the biggest ever expansion of the public sector, we're back in the 1950s already. Except this time there are no reserves to fall back on, and the oppostion to the current incumbents have no better grasp of the economic reality necessary to dig us out of this mess.