September 1, 2010

ALL ANGLOSPHERIC ELECTIONS CONSIST OF IS A FIGHT OVER WHO IS THE REAL HEIR:

Blair endorses Cameron's economic policy (George Eaton, 01 September 2010, New Statesman)

When David Cameron declared, at a 2005 dinner with newspaper executives, that he was "the heir to Blair" he was more right than he could have known.

In his memoir A Journey, Blair offers the coalition's economic policy his unequivocal endorsement and dismisses Gordon Brown as a retrograde Keynesian. He laments that Brown "bought completely the Keynesian 'state is back in fashion' thesis".

Had Blair led Labour into the election, he would have supported a "gradual rise in VAT", a faster pace of deficit reduction and smaller increases in direct taxation.

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Posted by Orrin Judd at September 1, 2010 5:47 AM
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