Socialism and Why It Doesn't Work

There is a great blog from Daniel Mitchell on the Commentator about socialism here of the kind beloved by Ed Miliband and Co and by the Lib Dems. The 50% tax rate is a classic example of the kind of thing Mitchell is talking about and as so many have said must be abandoned as soon as possible. It is good to see that some of the new intake of Tory MPs get the point about lower taxes as can be seen here. Osborne really must come up with something quite significant in his autumn statement to ensure that we are as fully protected as we can be against the slow burning disaster that is the eurozone. As Karen Bradley says he must at least reduce business taxes. He must also ignore the Lib Dems and the EU by encouraging employment by reducing the minimum wage for under 25s and making it less costly to dismiss those who would be dismissed save that it is too costly to do so like a teacher at a school where one of my daughters also teaches who fails to comply with the way he is supposed to work, fails to mark homework, who constantly takes days off and is otherwise an unreliable teacher. The hoops that have to be gone through are unbelievable and take both time and money to carry out. These are things that the opposition should be pushing but sadly they are not up to the mark. Ed Miliband's current mantra that the government seems to be out of touch just doesn't wash and in my view is counterproductive since every time I hear him say it it seems to me that the one who is out of touch is him. How lucky the government are to have such a hopeless opposition.