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Victims of Govt conomies

28th February 1981
Page 26
Page 26, 28th February 1981 — Victims of Govt conomies
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Which of the following most accurately describes the problem?

N A pre-Budget plea to Sir Geoffrey Howe, director-general of :he RHA George Newman unwit:ingly coined a word that aptly iescribes the practices of Chan:iellors of the Exchequer, particuarly in relation to road vehicle :axation. Pointing out that -hauliers would have to pass on o consumers any increase in axation, he referred to the 'conomy."

The Treasury leeches who mck our blood and try to )ersuade us that it is good for us re conomy-men. The Departhent of Transport's method of :valuating track costs is a good ;xample of a conomy trick, alhough not as flagrant as the ;mat post-war credit racket.

George Newman, who shares ny concern for words, has conributed a useful addition to the anguage.