Part of Business of the House – in the House of Commons at 4:44 pm on 6 April 2010.
I shall give way in a moment. On subsidy, we find the misguided attempt to prop up ITV regional news by tapping into the BBC licence fee. As a former US President once said, the trouble with government is that it always thinks:
"If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidise it."
We find the same thing in this Bill: new Labour, new taxes; new Labour, new regulation; and new Labour, new subsidies. New thinking this is not; nor is it a new economy.
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Douglas Gardner
Posted on 18 Apr 2010 8:25 pm (Report this annotation)
The US president in question is Ronald Reagan.