How have we ended up with such a near criminally stupid public policy?
Scotch whisky producers are planning to protest to the European Commission over proposals to set a minimum price per unit of alcohol in the UK.
Leave the illegality aside for one moment: my understanding is that it is illegal and will end up being struck down. But as I say, leave that aside. The much more important question is how did we end up with such a goddam fucking stupid piece of public policy?
No, even if we accept the nonsense that is being spouted about alcohol consumption it\’s still a fucking stupid policy.
Binge drinking is falling, alcohol consumption is falling…..but we\’ll even leave those real world facts aside.
Assume the woo merchants are correct. Too much booze is being drunk because booze is too cheap. So, we wish to make booze more expensive. How are we to do this?
1) Raise the tax upon booze. This raises the price of booze. Job done. Interesting side effect, it increases tax revenue so that we can pay for nurses, bombs, duck ponds and other essentials of democratic government.
2) Impose minimum prices. This raise the price of booze. Job done. The extra cash fattens the profit margins of the booze manufacturers.
In what parody of a sensible universe do the political classes of an entire fucking nation choose option fucking two?
I\’m sorry but I really do not understand this. I just do not understand how all these arts and PPE graduates have regressed to the economic intelligence of a tapeworm. Can someone explain this to me? What is the justification for minimum prices over a booze duty rise?
What the fucking fuck is going on here?