Wharfedale, on 16 August 2010 - 07:31 PM, said:
in answer to your question - very easily. The business I run (and partly own) provides employment for many people, it provides substantial tax returns to the state purse to fund the public sector and in it’s own space at least it provides innovation and development. It does of course also provide a profit for me although in achieving this and all the other benefits outlined above I have risked (and continue to risk) my own capital.
Where do you think many of the innovations of the modern world have come from the public sector or the private sector?
I don’t doubt that there are many dedicated and altruistic people in the public sector. However my own role has caused me to work alongside the public sector on a number of occasions and the contrast between the two is very marked. If an organisation in the private sector fails to perform it may well go bust. No such automatic accountability exists in the public sector and the manner in which the public sector conducts itself clearly reflects this.
Taxation is a real cost to business and a real factor in our international competitiveness. The private sector must fund the public sector and too large a public sector equates to an inefficiently high tax burden on the private sector and hence an adverse impact on our competitiveness and hence overall performance and prosperity (see the 1970s for details). We were progressing towards that state again with that complete half wit Gordon Brown in control. Hopefully things will get better now.















