Wednesday, September 17, 2008

No one on either side of the Atlantic seems to have any answers to the current crisis

The scariest thing about the Tories is that despite their huge lead in the polls, they don't seem to have a clue how to deal with the current economic crisis. Both their and Labour's economic policies were based around how to handle the proceeds of an economic boom. Both strategies now lie in tatters.

Sadly, neither of the two presidential candidates seem to have much in the way of answers either. The Bush administration may not be guilty of raising taxes as Brown did, but they have spent money during the last eight years like there was no tomorrow. American taxpayers like their British cousins will pay a heavy price for years to come. These are scary times.