The TaxPayers\’ Alliance claimed the RDAs had contributed "nothing" since they were established in 1999 but had cost almost £600 per household over the past nine years.
The analysis claims that gross value added rose faster before the RDAs were created than after. Given that this is the government\’s preferred measure of success, they seem to have a point.
But then, handing over oodles of cash to civil servants in order to develop business….who really thought that would work?
Sure, business does require some things from the State: an infrastructure, a legal system, there would certainly be benefits from a decent education system if we actually had one. But beyond these the best thing for the State to do is bugger off.
And no, having people who know nothing about business fire-hosing tax money around doesn\’t help.