Once inflation arises, reversing course is difficult. Businesses shut down or relocate, unemployment soars and we enter an economic contraction.
What we need is to promote a higher wage, higher productivity economy. Our economic targets should reflect those aims.
The former Chancellor discusses his conservative vision with Ryan Henson of the Coalition for Global Prosperity.
Providing small businesses with technology and training will accelerate our recovery from Coronavirus.
The Budget was, if truly honest, a sign that the Government shuns spending cuts and embraces tax rises – which is ultimately unsustainable.
Conservative messaging implies an implicit belief that there are no major state functions ripe for reform in any fiscal repair.
It will probe whether or or not Sunak can prepare the country for that future – and perhaps succeed Johnson himself, “one fine day”.
We need to have a debate about which taxes are least damaging to economic growth. Over the long term, corporation tax ranks as being one of the worst.
I’m delighted to have been asked to help set up the new Taskforce for Innovation and Growth through Regulatory Reform.
Our research with low-income voters in some of these areas revealed that many are not expecting miracles. They simply want better local services.
Could more spending bring the economy back quicker? Wouldn’t it be more cost-effective to ensure public finances are on a sustainable footing?
It’s baffling why think-tanks are taking the OBR assessments as truth, given its prediction record.
Before pumping more funding into the public sector, we must restore the habit of making sure we have the money in the bank before we start spending it.
Plus: Johnson’s sub-optimal Brexit trade deal choice. I’m not dreaming of a normal Christmas. And: green jobs – overall, a cost not a benefit.
The fourth in our mini-series of pieces from the Centre for Social Justice on the virus – and helping those in deep poverty.