Quote of the day 23rd December 2025

“Balanced budget requirements seem more likely to produce accounting ingenuity than genuinely balanced budgets.” – Thomas Sowell














This quote, by the way, is absolutely not put forward as an argument against balancing the budget, but in favour of recognising that actually doing this is much more difficult than just proclaiming that you are going to do it, or even passing a rule to that effect. Sadly these days far too many politicians of more than one party appear to confuse announcing that you are going to achieve some excellent aim such as balancing the budget, cutting NHS waiting lists or providing everyone with an NHS dentist, and actually doing so.

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