Low Growth, High Taxes, and No Control
December 03, 2025
December 03, 2025
DETROIT, Michigan, Dec. 3 -- The Foundation for Economic Education posted the following commentary:
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Low Growth, High Taxes, and No Control
The UK Budget was bad in every way possible.
By Gerard Lyons
One word describes this Budget: bad, but it can be used three times, bad, bad, bad. Bad in terms of its fiscal consequences, economic impact and the incentives it embeds.
Because so much of the Budget was trailed . . .
* * *
Low Growth, High Taxes, and No Control
The UK Budget was bad in every way possible.
By Gerard Lyons
One word describes this Budget: bad, but it can be used three times, bad, bad, bad. Bad in terms of its fiscal consequences, economic impact and the incentives it embeds.
Because so much of the Budget was trailed . . .