Britain's Blair Is Showing The Way

Prime Minister Tony Blair's proposed new budget highlights Britain's lead over the Continent in crafting pro-growth policies for an entrepreneurial society. While Germany and France expend tremendous energy in creating a single currency in the hope that it will eventually make their economies more competitive, Britain is taking the direct route. Conservative German Chancellor Helmut Kohl and Socialist French Prime Minister Lionel Jospin talk about reducing unemployment and reinvigorating their economies, but so far only the center-left Labour Party under Blair is doing something serious about it.

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