The Anonymous Widower

Has Sir John Got It Right Again?

It must be sometime in the mid-1990s, when I saw John Major give a speech and take questions in the Cambridge Chief Executives Club. He gave his views on Black Wednesday, Kosovo and the Euro amongst other topics.  To say it was impressive at the time, would be an understatement, as most of the things he said would happen did.

So the fact that Sir John is now saying the worst might be over, may in itself be indicative of the fact that it is!  He spoke on the Andrew Marr show this morning and this is an extract.

Recovery begins from the darkest moment. I’m not certain, but I think we have passed the darkest moment.

There are some oddities in the figures at the moment: Why in the depths of this recession is employment growing? Why is industrial production going up? Why has the stock market risen?

“There are things happening out there that will become apparent and we don’t quite know why or how. My guess – and this is something a minister can’t say but I can – is that in due course we will find that we passed the bottom.

The first time was twenty years ago and no-one believed him.  Let’s hope this time, that the voters do! But then voters always vote for those who promises them the most.

I think, I’ll form the Pie-In-The-Sky Party!

No-one will pay any Income tax but companies will may 70% Corporation Tax. There will be absolutely no immigration and the NHS will be free, with no prescription charges to all those living here. Oh! And there will be no more subsidies for trains, but we’ll build motorways everywhere, where we can drive cars, that will not have any Road Tax and severely reduced fuel taxes.

At least with all the cars, we’ll be able to drive ourselves to Hell in comfort.

September 16, 2012 - Posted by AnonW | World | Economy, John Major, Tax