Labour is behaving like a broke sugar daddy

Socialism is running out of other people’s money at last. But what happens to a democracy that cannot throw around taxpayer’s cash? People lose faith in it.

All Aboard

Tariffs are essentially a sales tax. And a sales tax — averaging maybe 15% — is going to reduce consumer purchasing power…and cut into sales and profits. That is, it will be downer.

If You Think We’re Dumb Today, We Were Really Dumb 20 Years Ago…

It was perhaps nearly 20 years ago that your editor wrote what turned out to be one of the stupidest things we’ve ever written.