It is good news, at least to some extent, that George Osborne has announced that some cuts will be made … Continue reading “Half a cheer for George Osborne”

Today’s letters by 60 economists to the Financial Times in support of the government’s policy of delaying cuts in public … Continue reading “Wrong then, wrong now”

This video looks at the budget deficit in the US, but its analysis is also relevant to the UK ahead … Continue reading “How to balance the budget without higher taxes”

The present Democratic leadership of the United States avoids owning up to the “progressive” philosophy it adheres to. This may … Continue reading “The “progressive” takeover of America”

Now all three major parties have launched their manifestos it’s clear that no one is being honest about the true … Continue reading “Cameron needs to reform every department of government in search for cuts”

All three major parties are entering the election campaign with similar plans for cutting the deficit. The timing and magnitude … Continue reading “Cutting public spending by £167bn: a modest but necessary aim”

The current flirtation of the main political parties with cuts cannot hope to solve Britain’s financial problems. We need to … Continue reading “Selling off state-owned assets should be part of a package to drastically cut public spending”

“Politicians are not talking seriously about the need for dramatic and speedy cuts in public expenditure. A few billion here … Continue reading “Budget needs to set out urgent plan to reduce deficit by £100bn”

Just recently, the European Commission set out its proposal for a new economic strategy for Europe, a successor to the failed … Continue reading “The EU 2020 strategy – the bitter taste of central planning”