Beware politicians and their promises

Promises, promises. The election is still three months away, but already the auction has started.

17th February, 2007

As our politicians tempt us with election pledges - lower taxes, higher pensions, a better health service and so on – voters may feel both tempted and sceptical. Experience would suggest that the latter may be more appropriate.

Parties have every right, of course, to set out their stall, and some recent developments have been welcome. This newspaper, for example, has long argued that the government should, when possible, give us back some of our...

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