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FT - Chris Giles - Britain's misplaced sense of economic superiority

Britain is traditionally confident about its economic place on the planet. With the fifth-largest economy in the world, the UK cleverly combines American levels of taxation with a European welfare state. Theresa May repeated 11 times in parliament on Wednesday that the country boasted a "strong economy" that depended on her "strong and stable leadership".

On some counts, the prime minister is correct. Britain's economy is no basket case but as a nation we suffer from misplaced economic superiority and exaggeration of our success. It is time for some truth telling.

keep to the Fen Causeway
by Helen (lareinagal at yahoo dot co dot uk) on Sun Apr 30th, 2017 at 10:14:41 AM EST
by das monde on Sun Apr 30th, 2017 at 12:12:54 PM EST
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