The U.K. And N.Z. Economies
Sir, —The first two editorials in today’s issue of “The Press" are surely evidence that leadership in political, educational ant journalistic fields is still dominated by the Don Quixote outlook. They still tilt at windmills and shadows. The changed attitude towards
defence and offence since 1935 shows that results of the second world war have put such pressure on the British economy as to make their leaders take another look at spending. The latest round in the policy of beggar-your-neighbour by devaluation has brought everybody back to where they were. By protesting at the legalised robbery of taxation, the people could force their leaders to take a backward look at expenditure for taxation to discover how it is a fixed perpetual charge On the costprice structure which is the fatal bar to increased trade, however far the workers are willing to go in letting the wind blow away some of their wages.—Yours, etc., W. B. BRAY. Leeston, January 13, 1968.
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Press, Volume CVIII, Issue 31580, 18 January 1968, Page 8
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165The U.K. And N.Z. Economies Press, Volume CVIII, Issue 31580, 18 January 1968, Page 8
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