Not long ago, I wrote something nasty about Margaret Thatcher for the Libertarian Alliance. Yet even I will concede that in order to be so cruel about the old cow one must inevitably come across as sympathetic to some less than civilised people. In order to attack the Thatcher government and its record one must to some extent deny the existence of the many problems this country faced in 1979: the rampant inflation; the militant trade unionism; the lack of self-respect as a nation; the high rates of direct taxation; the low levels of home ownership. I will concede that even if one takes a dim view of the Thatcher government, there are many allowances that can, and indeed must, be made.
However, when considering the latest tax credits debacle, I am unable to make similar allowances for Mr Cameron and his government. This particular episode is a perfect example of economic illiteracy, legislative incompetence, and constitutional ignorance.