“Profit” – isn’t a dirty word

Rutters Stocktakers

Put any butcher, baker, landlord, or stocktaker against a wall and grill them on the cost of things and they will probably be able to reel off the list of items relevant to their trade and where to get the best value. Put a prime Minister on a radio show and he can’t even tell you the price of a loaf of bread (he bakes his own, you see) but he can plug the flour he uses and the machine too. He just doesn’t know what they cost.

But the PM will be able to confidently give you all the low-down on this or that statute, the nuances of a particular bill before Parliament or the intricacies of the trade agreements with another country. And it’s quite interesting how politicians will talk of paying millions of £’s for something as though they were discussing the cost of a packet of…

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