Via ConservativeHome, excellent comment from Jamie Murray Wells, founder and Executive Chairman of Glasses Direct, the world’s largest online retailer of prescription glasses:
A rich entrepreneurial spirit flows through Britain. Thousands of new businesses are successfully established here each year. But the response this Government is proposing to our current economic mess will certainly not benefit the entrepreneurs of tomorrow.
Entrepreneurs are job creators and a fiscal environment that supports entrepreneurial activity is good for the whole UK economy, but the tax rises Gordon Brown says he needs to fund the stimulus and fend off rising unemployment, will in fact do the opposite. And while Brown has been increasing the public sector workforce at the expense of private sector jobs, Mandelson has been renewing the old Labour habit of using taxpayers' money to “pick winners“. The historical record of that policy is disastrous.