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June 24th, 2012 
FAKE NEWS for the Zionist agenda Laws, who is believed to be preparing himself for a return to the government after he was forced to resign over an expenses scandal two years ago, said in an interview with The Sunday Telegraph that the government should reduce its spending as a share of GDP from the current 40 percent to 35 percent.
The Liberal Democrat further risked backlash from his fellow party men who are opposed to the government’s spending cuts, saying his views would have been shared even with the founding fathers of the Lib Dems.
“Even after the existing fiscal consolidations, state spending will account for some 40 per cent of GDP, a figure that would have shocked not only Adam Smith, William Gladstone, and John Stuart Mill, but also John Maynard Keynes and David Lloyd George,” he said.
“The implication of the state spending 40 per cent of national income is that there is likely to be too much resource misallocation and too much waste and inefficiency,” he added.
The comments by Laws would be seen as extreme by many as even radical Tories, who are spurring the government for more sweeping measures, including chairman of the Treasury select committee Andrew Tyrie, have not called for cuts as deep as Laws is proposing.
David Laws was forced to quit the coalition shortly after its formation in 2010 following revelations that he illegally claimed £40,000 in parliamentary expenses to pay for a flat he rented from James Lundie, with whom he had a homosexual relation.
AMR/HE
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