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PJ Mediahttps://pjmedia.com/rogerkimball/2009/06/15/wealth-creation-vs-spending-boris-johnson-lodges-a-small-sheep-like-cough-of-protest/feed/PJ Media is a leading news site covering culture, politics, faith, homeland security, and more. Our reporters and columnists provide original, in-depth analysis from a variety of perspectives.en-usThu, 11 Jun 2026 08:58:34 -0400Wealth creation vs. spending: Boris Johnson lodges a "small, sheep-like cough of protest."<![CDATA[Boris Johnson, the redoubtable Mayor of London, cuts through the bickering fog of self-righteous protestation that characterizes so much political discourse today. The real debate, the Right Honorable Lord [see correction in comment #4 below] Mayor observes, is not between Labour spending versus Tory cuts — the “progressive” (Yanks read “Democratic”) versus the “hard-hearted” (read: “Republican”) approach to public expenditure. No, the real debate is between those who focus on disbursing and those who concentrate on creating wealth. What Mr. Johnson describes as a “small, sheep-like cough of protest” in his article in the London Telegraph actually contains more economic wisdom than 87 white papers issued by Washington or Whitehall, 789 columns emitted by Paul Krugman, or 7896 columns by Joseph Stiglitz. “This whole debate is back to front,” Mr Johnson observes.]]>Mon, 15 Jun 2009 05:03:14 -0400<![CDATA[Roger Kimball]]>https://pjmedia.com/roger-kimball/2009/06/15/wealth-creation-vs-spending-boris-johnson-lodges-a-small-sheep-like-cough-of-protest-n115842