Conservative MEP for South East England Daniel Hannan addresses UK Prime Minister Gordon Brown on 26 March 09 in the European Parliament. A couple of gems from his speech (below): "the truth, Prime Minister is that you have run out of our money." And a little later on, in response to Brown's Keynesian approach, "you know - and we know, and you know that we know that it's nonsense". 1.8 million views in less than a week makes this a speech not to be missed.
Here's a good seven minute discourse on why Keynesianism doesn't work. This is summed up well with the quote, "Politicians just love to spend other people's money, and Keynesianism is a convenient rationale [for this]".
hat-tip: MandM
It is fantastic isn't it? I still get goosebumps!
ReplyDeleteI can't believe I only got around to watching that now. It's classic. Good to know there is someone with some sense in the European Parliament.
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