After 13 years of Labour government, the United Kingdom received its report card in the form of a 2010-11 report by the World Economic Forum (WEF).
13 years of legislative hyperactivity, billions upon billions of pounds taxed, borrowed and spent and an era of divisive social engineering later, and the WEF ranks the UK 72nd (worse than Ethiopia and Tajikistan) on government wastefulness, and 89th (behind those paragons of good governance, Nigeria and Zimbabwe!) on the ‘burden of government regulation’ on business (Hat tip: Terry Smith).
As to the biggest stumbling blocks to our economic competitiveness in the global market, click on the image below to see how badly the UK has been served:
There are few clearer snapshots that reveal the dead hand of government more effectively than this. And with David Cameron and his faux conservatives ‘nudgers‘ occupying Downing Street and desperately trying to maintain a political consensus, things are not going to improve much.