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The "nothing" Budget

One line in Alistair Darling’s Budget speech really summed the whole thing up for me.

‘We could have decided to do nothing. But we chose to act.’

Now I know expectations of government are pretty low, but for the Chancellor to ask for applause simply for taking some action verges on the ridiculous.

The statement underlines another inescapable fact. What the government has done is not nothing, but it’s a lot closer to nothing than the situation seems to justify.

There are good things about the Budget: the money for innovative technologies and the support for green industries,... read more...

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