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rob, Sun 1 Apr 2001, 1:00)
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Tax and spend doesn't work......the £50k per household that New Labour has spent since 1997 isn't entirely taxpayer's money.
A large proportion is borrowed money.
Paying back the borrowed money plus interest is going to mean less taxpayer's money being fed into stimulating the economy (for example, smaller grants to organisations like ancrenne's), less money being put into our infrastructure and higher taxes all round. Is that right? No.
It's like making your family go short at the meal table while you pay off the interest on your credit card payments.
(, Tue 17 Mar 2009, 11:27, Reply)
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