Wednesday, December 20, 2017

Leftist 'Thinking' and The LibLabCon.

We want to spend public cash in huge amounts and we do not especially care whether it is value for money or not - nor particularly, whether it is for worthy projects or not. 
Nor do we care that we are spending money that the country does not have. We tell people that our worthy, indeed noble, target is 'make the rich fund it' - principally because we hate them with every fibre of our being!
We ignore the fundamental fact that vicious taxation levels drive entrepreneurs, investors and businesses out of the UK and into the arms of nations with less punitive taxation setups.
We blithely ignore the law of diminishing returns which is complementary to this process and which actually results in the arrival of far fewer taxes overall into the nation's coffers. (It was actually a senior taxation expert who explained the process to me that 'higher taxes inevitably = lower returns'.)
Naturally, the next phase of spending cannot then proceed because of the absence of dosh.
The socialists then turn to their favourite remedy which is, of course, BORROWING.
Thus, the left spends money we do not have. Debts have to be serviced and we have mortgaged the future of our children, our grandchildren and beyond. They pour money into the burgeoning non wealth-creating public sector and put blocks onto the wealth-creating sector.
Over generations, after a spell of catastrophic Labour economics in action - the Tories have always attempted to repair the damage and have oft times made themselves highly unpopular for doing the right thing.
How times have changed. The entire LibLabCon is now united in the philosophy of borrow, borrow, borrow. 
I remember the earthy wisdom of the saloon bar forty years ago and more. The 'politically expert' know-all would take a draw on his pipe, look around at his admiring audience and then - speaking slowly to prove gravitas and even greater depths of mastery of his topic would gravely announce, "Well all these parties are the b***** same." The awestruck admirers would almost wet their underwear for having been in the presence of one of the great economic minds of the age.
40 years ago that was, of course, utter balderdash and piffle. Today however, the overlap of the LibLabCon with each other is terrifying - it is only 'the Corbyn factor' which now separates them in any way at all.

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