Monday, November 24, 2008

VAT Cut:: Heads Gordon wins, Tails Gordon wins

Lets assume that we get the much trailed 2.5% VAT cut and one of two outcomes are likely:

1. Retailers have a good Christmas and Gordon claims it was caused by his wonderful fiscal stimulus, whether or not the VAT reduction reduction is passed on, or;

2. Retailers have a very poor Christmas and the economy continues to tank - Gordon then blames greedy retailers for not passing on the VAT cut.

Cunning bastard continues to avoid any blame for the current mess and continues to hold himself up as our saviour.

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