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"...There must be short-term, substantial tax cuts to boost growth, ..."
Look, son. If tax cuts boost growth, as you admit, why must they be 'short term'? Why aren't they forever?
Put On Your Big Boy Pants, Maybe?
2 hours ago
Thursday, 14 July 2016
Spot the Stupidity
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4 comments:
I just saw the name Alister Heath, and didn't bother to read the rest. Thinking about what he has written isn't his strong point (does the man have any point?).
BJ Fair point.
"Why aren't they forever?"
Because there's only so long you can go without feeding the leeches.
Heath doesn’t distinguish between tax cuts matched by spending cuts, and in contrast, tax cuts NOT MATCHED by spending cuts (which would mean an increased deficit).
But then I wouldn’t expect Telegraph journalists to understand the basic book-keeping entries involved in deficits, national debts etc. In fact I’d be surprised if they could tie their own shoe laces.
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