The British Government Is Deliberately Crushing Its Economy

This episode of What’s Ahead looks at Britain’s new budget as both a disaster and a sad example of the ruinous thinking dominating economic and monetary policies.

With its economy on the precipice of a serious downturn, the allegedly conservative government is slapping a slew of tax hikes on individuals and businesses. Households face the biggest hit to their standard of living since WWII.

What’s ominous is that London’s crush-the-economy approach to inflation is shared by most countries.