Who Would You Trust Most To Run The Economy Of Britain?

[pdq1]

Terry Leahy (once managing director of Tesco) or Geo. Osborne

http://www.dailymail.co.uk/debate/article-2295503/My-Budget-Britain-Mr-Tesco-We-need-cut-taxes-slash-State-spending-says-TERRY-LEAHY.html

[emmie]

well it wouldn't be ed balls...

[emmie]

Terry Leahy may well be right, however he is not running the country, but was running a large chain of supermarkets, which is also in a spot of bother.. i am no financial expert but i do know this, i am worse off financially than ever, that living expenses are through the roof, and that i can't see this improving any day soon.

[aelmpvw]

i'm convinced that mr osborne is just a frontman and hasn't got a clue about economics

[Bazile]

crikey em10 - you cant be addmiting that the tories have got it wrong , can you ?

[jake-the-peg]

Leahy doesn't get it

A country isn't a company any more than it's a housewife managing her budget.

The fallicy is that if you slash taxes businessmen will create more jobs in the UK rather than invest abroad and buy BMWs

When Tesco slashes it's spending and throws people out of work they don't go on Tesco's books claiming dole and benefits.

Hes stuck in the failed Thatcher-nomics of the 80's

Osbourne's recepie isn't working - Leahy's saying do much much more of it!

[youngmafbog]

Nonsense Jake

You cannot go on spending when you have nothing, personal, company or country.

the problem is that GO failed to slash spending, he tinkered at the edges because he was not up to the job of telling the liberals to nob off.

Lowering taxes does encourage people and investment the country. Contrary to your belief many businessmen dont own a BMW, more likely to be a civil servan these days.

If the tax band was slashed it also has the advantage that it becomes uneconimical to avoid tax, and we all know that is happening.

Of course I suspect you subscribe to Labours 1970's tax rate of over 80% and investment income of 98%. What happened? Oh yes the brain drain. 98% of 0 = 0.

[youngmafbog]

Oh and to answer the question I would not really want Leahy.

Might get two bins emptied for the price of one though !!

[jake-the-peg]

Sorry did I say BMW - Obviously I meant Mercedes S class.

This is 'trickle down' from Margaret Thatchers day - Make us richer and we'll throw you some crumbs if we feel like it

What makes more sense - give the wealthiest tax breaks and hope that they decide to invest the extra cash in this country or direct the money into infrastructure projects or government backed loans for small companies?

You and your banker buddies must think we were all born yesterday

[AB Editor]

"Might get two bins emptied for the price of one though !!"

But it would be self service :)

[emmie]

no i am not, but what i do know is that the poorer members of our society are the ones being punished, in pretty much the same way as the Cypriots are, that is also not to say that the labour crew weren't responsible for a lot of the mess we are in.