GDP and all that

In his pre-budget report of 2004, Gordon Brown told parliament that “Britain was enjoying the longest period of sustained economic growth for more than 100 years”. By 17 March in his actual Budget speech, he “corrected” this to “more than 200 years”. A year later he “corrected” it again, telling us that “Britain is today experiencing the longest period of sustained economic growth since records began in the year 1701”.

The scourge of taxes

The Daily Telegraph headline on 5th August disclosed that “ministers are pressing ahead with a £1bn online voucher system that will benefit 2.5m households. However, about 1.2m who choose to stay at home to look after their children will not be eligible for help”.

Close
Menu