This article first appeared in my bi-weekly free Tomograph newsletter. I guess it now merits a wider audience. If you would like more of the same sent to you by email (including a free share tip in the midweek issue) sign up HERE. In the old days when the Conservative party was led by a proper Tory ( i.e. Margaret Thatcher) it used to believe that the individual should be given the freedom to take responsibility for himself or herself. That meant the State not relieving you of too much money but also not being expected to cosset you, but providing a safety net for those who genuinely needed it. Those days are gone.
We saw this in dramatic form this week as Call Me Dave scrapped plans to increase the IHT threshold but at the same time caved in on giving more state funding for residential care for the elderly. He was wrong ( as per usual) on both counts, pandering to the electorate and in so trashing further any idea that he is a man of true conservative principle.
on ADVFN | Comments