On a previous post, Bud and Silence had an exchange about Britain’s austerity measures, with Bud painting a fairly dismal picture:
Check out the results of the austerity approach in Great Britain. It’s been a disaster with GDP declining a full 2 years after the US began to grow. They’re approach a full blown depression.
Well, I don’t know about all that, but I do know that when I was there at the start of last year, all the buzz was about the steep increase in the VAT, which took effect while I was there. Everywhere I went, businesses had signs out about sales and such that appealed to people’s worries about the tax increase. The newspapers were full of back-and-forth between Labour pols attacking the increase and Tories defending it.
Personally, I didn’t notice the difference — everything was a little more expensive over there than here before the increase, and I didn’t feel a few more few bob here and there. Besides, when you’re on vacation you don’t count pennies the same way — especially since pennies there are different from here to start with.
I did appreciate the sign in front of The Crown Inn in Woodstock (a short bus ride from Oxford). We went in and had lunch, and I enjoyed a couple of VAT-increase-free pints. But then, I would have anyway. It was (we were told) the oldest pub in town, and we got a nice table next to the fireplace. Cheers!