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The economy has become seriously unbalanced. Its growth has not been driven by investment or by overcoming Britain's long-standing weaknesses in investment and productivity, particularly skills. Instead, there has been a binge of debt-financed consumer spending. ↗
We owe our troops more than rhetoric; we owe them a real plan. The Administration has yet to put forward a strategy for achieving stability in Iraq, ending the conflict, and handing over sovereignty to the people of Iraq and the new Iraqi government. ↗
The rich pay more in total taxes now than ever before - ever. It's true. Just like it's true that when the rich are convinced they're going to be taxed more, they spend less. And when the top few percenters don't spend, there goes all your spending, because they account for half of all retail spending. ↗
