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The Best Things In Life Are Three? |
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12 April 2010 |
Justin Urquhart Stewart is one of the most recognisable and trusted market commentators in the media. Originally trained as a lawyer, he has observed the retail market industry for 20 years whilst at Barclays Stockbrokers and developed a unique understanding of the market's roles and benefits for the private investor.
Justin Urquhart Stewart is one of the most recognisable and trusted market commentators in the media. Originally trained as a lawyer, he has observed the retail market industry for 20 years whilst at Barclays Stockbrokers and developed a unique understanding of the market's roles and benefits for the private investor. Justin provides financial advice to clients of Kester Cunningham John Financial Planning LLP.
I mentioned the Three Chancellors last week. This reminded me that many good things come in threes. For instance there are the Three Wise Men, the Three Tenors, the Three Musketeers, the Three Degrees and of course the Three Wise Monkeys. The Three Wise Monkeys could see no evil, speak no evil and hear no evil, which takes me back to some of the traits demonstrated by our Three Chancellors in their TV debate a few weeks ago.
We, as a nation, are in the 'poo' financially, but this seemed to have passed the Three Chancellors by, as they promised to be able to reverse increases in National Insurance, increase benefits for pensioners and pay for all this, and repay the accumulated deficit, by cutting wasteful spending. I am sorry, but I do not think there is that much wasteful spending to go around.
Ahead of the election spending promises like this are not a great surprise, but it is certainly not honest, and is the sort of behaviour that that makes the electorate cynical about self serving politicians. If we get the politicians we deserve, we must have been very naughty in the past.
The deficit this year is projected to increase by around |
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