Quote:
Originally Posted by Chris
You are calling for the government to take capital out of the hands of those who would otherwise be able to decide for themselves how best to spend it, and to instead spend it on government-approved projects. That is the essence of a planned economy, Alan - business 'encouraged' to grow where a government thinks it should grow rather than where the normal principle of investment and return would otherwise encourage it to grow.
Governments are hopeless at spending our money. It costs a small fortune for them simply to collect and distribute it using a workforce that delivers measurably poorer productivity whilst continuing to demand longer holidays and gilt-edged pensions and taking the definition of 'off sick' to in some cases ridiculous extremes.
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I meant do a crackdown on tax evasion and advoidance bost past and present, this "investment" would be mainly transport projects and the setting up of a development bank to lend to businesses
So really it the government doing private sector style investment