The UK has announced its new budget and it calls for tax cuts on the so-called rich and on businesses. Meanwhile, in the U.S., President Obama wants to increase taxes on the rich and maintain the highest tax on businesses in the world. This is on top of the additional expenses that will come if Obamacare is not declared unconstitutional. More about that in Monday's commentary.
The British plan is intended to spur growth and includes spending reductions. Prime Minister David Cameron even wants to outsource -- that means privatize -- some services of the hallowed National Health Service where waiting for even routine surgery is, well, routine.
Why is the UK going in the right direction and the U.S. in the wrong direction? Answer: Cameron is more of a conservative than Obama. He understands better than Obama that if you want to spur growth you free up individuals to do more with their money and reduce the size and cost of government. But a man who behaves like a socialist wouldn't understand that. Facts must never get in the way of ideology.
I'm Cal Thomas in Washington.
Publication date: March 23, 2012