Wonderful schemes but no funds (From The Bolton News)

Wonderful schemes but no funds

9:00am Thursday 9th July 2009

• Print
• Email
• Share

ISN’T it strange how words uttered nearly 2,000 years ago have relevance to the economic practices of the present Labour government.

In Luke’s gospel chapter 14 v 28-30 our Lord says: “If any of you wanted to build a tower, wouldn’t he first sit down and work out the cost of it, so see if he can afford to finish it? Otherwise, when he has laid the foundation and found himself unable to complete the building everyone who sees it will begin to jeer at him, saying ‘This is the man who started to build a tower but couldn’t finish it’!” (J.B. Phillips translation) Gordon Brown has announced his wonderful programme of social activities, but has not given any indication of how they are to be funded.

He may very well be able to pull it off, but in the process we may end up nearly bankrupt. This is in spite of the warning that the OECD and the governor of the Bank of England have issued that we have got to tighten our belts and economise.

This is not the first time the Labour Party has landed us in debt.

In the post war Labour government, despite the wonderful creation of NHS, we had the fiascos of the ground-nut scheme and the Cambrian egg scheme.

At the end of the Labour government in 1979 we were known as the “Sick Man of Europe”.

It would appear that whoever is successful in the election next year will have an awful job to balance the books and bring us back into the black.

Philip H Hayworth Mornington Road Bolton

• Print
• Email
• Share