Wednesday 21 March 2012

By George, I think he did it!

Only last week, we were discussing how the government appeared to be stalling. Too much rhetoric, not enough action. In times like this, when so much is obviously fixable and the hardships being suffered provide need for immediate solutions, I for one, want to see the government making practical, sensible decisions. Ok, so its the government and it don't always work that way, but the stalemate has been broken.

By George, I think he did it!

Political sympathies aside, today's heavily leaked budget, was practical and necessary. There are probably elements where it could have been even more brave but it did what necessary. The opening statements set the tone, the subsequent details confirmed the intentions.

So much of the critical rhetoric now is focusing on the 45p tax but that to me is unjustified political opposition. The pain was shared by the top and middle earners with much needed concessions for the low income earners. Good to see the obvious loop-holes surrounding stamp duty being closed out - they really are after those "static assets"!

I only hope that this is the beginning of a trend that sees a shrinking government, a growing vibrant private sector with public sector wages finally seeing some reality being brought into line with the private sector.

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