The Prime Minister in the UK thinks spending and borrowing more is the right thing to do in the circumstances, and is busily trying to bail out chunks of the private sector which would otherwise have to adjust more quickly to the painful reality that we have been living beyond our means.
John RedwoodYoung men do not want to have to take a consent form and a lawyer on a date, just as young women have every right to go on a date and to say 'No', having it respected.
John RedwoodWhat the study I chaired actually said was we needed tougher regulation of cash and capital in banks, as credit was too easy. Events proved that right.
John Redwood