In this weeks edition of The Economist, the Prime Minister of Australia, John Howard, is attacked for ‘spending’ money by promising to reduce taxation in a targeted way so that people can better afford to send their children to independent schools. We are also told that “professionals and economists” (no names are given) hold that the money would be better spent on increasing the government school budget even more.
So tax reductions are ‘spending money’, as if all money belonged to the government and allowing taxpayers to keep a bit more of their own money is ‘spending’ it, and the solution to the problems of government education is to increase government spending on it even more than it has already been increased.
In recent times I have attacked the Economist for pretending to be pro free market whilst, when one reads it closely, not really being so. Articles like the one on the Australian elections mean I can no longer fairly make this charge. The Economist having now ‘come out’ as an openly leftist publication.