I FEEL very sad to read the letter by Peter Asquith-Cowen
(The Yorkshire Post, November 19) concerning his
critical views of capitalism and advocating socialist ideas.
Boris Johnson promised to defer a corporation tax cut when he
addressed the CBI.
We have seen about 100 years of socialist policies, as practised by communist countries, and they do not work.
No government likes to initiate austerity measures, but the Conservative government was forced to do so because
of the profligate actions of the previous Labour
administration. Peter does not seem to comprehend
that all individuals and businesses have to live or work
within their means.
Jeremy Corbyn is hoping to build on the electoral gains that Labour
made in the 2017 election.
His attack on the so-called super-rich would adversely
affect many. He would be hitting the millions of ordinary
people
who invest in companies as a means of saving. He
would be discouraging all those enterprising entrepreneurs
who invest their own capital, ideas and sweat to provide
new goods and services for our benefit while also creating employment.
As for the EU being an efficient economy, many countries
in it are struggling to make ends meet and controlled by an
undemocratic political machine which imposes “one policy
fits all”.
Leaving the EU will help this country open more doors
for its enterprising businesses to discover new opportunities. Yorks Post.
