11/01/2006 5:32:11 pm
Good Point by Cable. Vincent Cable, shadow Finance Minister of the British Liberal Democrats, has a piece in The Telegraph. He outlines a few ideas about how to position the Lib Dems after their leader Charles Kennedy resigned. The article is a bit more specific on taxes, which he doesn′t, regrettably, clearly state should be decreased. But he makes a very good point about the ideas of economic liberty in relation to various politicians today:

"As someone often portrayed as the party′s high priest of economic liberalism, I have no inhibitions about arguing for competitive markets and an open, free-trading economy, and for maximising the contribution of wealth-creating private entrepreneurs.

Indeed, this is part of a long liberal tradition and it stands in contrast both to socialism and to big-government conservatism and protectionist economics of the kind practised by Gaullists in Europe and the Bush Administration in America."