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Half a Loaf from the System?
Author(s) -
BruceGardyne Lord
Publication year - 1986
Publication title -
economic affairs
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.24
H-Index - 18
eISSN - 1468-0270
pISSN - 0265-0665
DOI - 10.1111/j.1468-0270.1986.tb01920.x
Subject(s) - pledge , taxpayer , treasury , economics , law , political science , economic history , law and economics , finance
David Stockman was ‘innocent’ to expect the Reagon govermment to cut its expenditure, claims Lord Bruce‐Gordyne, formerly a conservative Treasury Minister: right‐of‐centre democracies are ‘almost as greedy’ for govermment to spend as their left‐wing counterparts. Both are susceptible to lobbies that can pledge the votes of their supporters and demand that their priviliges are paid for by the taxpayer.