I have not linked anything by Theodore Dalrymple for a long time, which is a shame, as he is a clear thinker who puts things well. Tinkering with Taxes Won't Save Britain. From City Journal.
The sad fact is that one is always starting economically from where one is rather than from where one ought to have been, or where one would have been had past policy been better.
An excellent and often overlooked point. Conservatives often go on at length about "If you had only listened to me the first time..."