The consistently interesting Burning our Money reports on Sir Stuart Rose's observation on the public finances:
"It's very simple, we're skint"
And in the body of an informative post the cure is set out:
1. Public spending must be cut by around 15% (ie £100bn pa)
2. Taxes on enterprise and employment must be slashed - we have to earn our way back to prosperity
Simple. Can we now stop agonising about it and get on with doing what needs to be done?
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