The law of diminishing returns begins to bite

From: The Scotsman | Date: June 20, 2003| Author: | Copyright information

THERE comes a point in a government's life when it succumbs to a law of diminishing returns. By common accord, the Blair administration has now reached this point. No matter how impatient the Prime Minister, how committed his ministers - or how accommodating his Chancellor - the heightened efforts do not seem to move its ambitions nearer to fulfilment.

On the contrary, the government now appears tired, strained and prone to error and muddle. The more it seeks to explain the delays on delivery, the less trustworthy and credible these explanations become.

In his speech to the Fabian Society ...

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