More toxic right-wing neoliberal dumpings from Tony Bliar….
“If governments don’t tackle deficits, the bill is footed by taxpayers, who fear that big deficits mean big taxes, both of which reduce confidence, investment and purchasing power,” Blair wrote, in sharp criticism of Brown. “We should have taken a New Labour way out of the economic crisis: kept direct taxes competitive, had a gradual rise in VAT and other indirect taxes to close the deficit, and used the crisis to push further and faster on reform.”
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