The job loss tsunami engulfing this country stems from an ever burgeoning state, financed by the load forced on the Private Sector and workers. Any perceived monuments to Labours' legacy are PFI projects adding to the mountain of debt, a minimum wage strategy that has created a hidden underclass of sweat shop labour and industrial production exported from the lack of flexibility for employers to set wage levels. Levels that have to compete but cannot, with emerging economies.
Better placed, Mr Brown? In your deluded and incompetent thinking.
"Today, [Mr Brown] tells us he'll curb bureaucracy and red tape. But we've heard all this before. In 1998, he launched a Better Regulation Guide. In 1999, it was a Regulatory Reform Bill. By 2002, it had turned into a red tape check list. And all the while he was piling £40 billion of regulation on British business."Mr Howard said that, since Mr Brown took office, Britain had fallen from fourth to 11th in the world competitiveness league. "Our trade has gone from a surplus to a record deficit. We've lost a million manufacturing jobs. Our productivity growth rate is down by a third."While other European countries are cutting taxes to improve their competitiveness, Britain's tax burden under Labour is set to be the highest for 25 years."
Michael Howard's budget response, 2005.
So much for no one looking ahead!