Who would’ve realised that it was so easy?
After 41 years of the western world living beyond its means, and financing this government spending largesse by mortgaging the futures of our children and grandchildren, four of our magnificent leaders have announced that they have agreed another new plan to save us and to enable this boondoggling to go on and on, into an indefinite future.
You would have thought that if it was so easy, that these Titans might have done it four years ago, but I quibble. I am happy to be saved.
So what’s the plan then, Stan, to enable expansive economic growth and to provide guns and butter for us all?
They’re going to borrow some more money, print a whole lot more, increase government spending, and introduce more insidious taxes on all producers.
Estimated half-life of this ‘Plan to Save Us All’: 3 days. Expect a new plan next week. In the meantime, I’ll try to sneak in some champagne at the Henley Regatta and ask these economic gods if they can arrange some fine weather.