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January 27, 2009
Soviet Britain
Posted by Dave Blount at January 27, 2009 9:58 AM
Thank you Britain, for warning us where the road of liberalism leads:
Parts of the United Kingdom have become so heavily dependent on government spending that the private sector is generating less than a third of the regional economy, a new analysis has found.
The study of "Soviet Britain" has found the government's share of output and expenditure has now surged to more than 60% in some areas of England and over 70% elsewhere.
Experts believe the recession will tighten the state's grip still further as benefit handouts soar and Labour directs public sector organisations to create jobs to soak up unemployment.
In the northeast of England the state is expected to be responsible for 66.4% of the economy this year, up from 58.7% when a similar study was carried out four years ago. …
Across the whole of the UK, 49% of the economy will consist of state spending, while in Wales, the figure will be 71.6% — up from 59% in 2004-5. Nowhere in mainland Britain, however, comes close to Northern Ireland, where the state is responsible for 77.6% of spending, despite the supposed resurgence of the economy after the end of the Troubles.
Some might call this socialism, others incipient communism. Our media would call it Hope and Change.
Apparently it's not too late to lose the Cold War.
On a tip from Rob Banks.
