What we need is to promote a higher wage, higher productivity economy. Our economic targets should reflect those aims.
Posts Tagged: gdp
Warwick Lightfoot: Today’s Budget. Conservatives should not be afraid of public borrowing to ensure a rapid recovery.
Preventing as much long-term damage to the economy as possible now should be the Chancellor’s priority.
Ryan Bourne: Why is Sunak so taken with tax hikes – when the tax burden is forecast to be its heaviest for 70 years?
Conservative messaging implies an implicit belief that there are no major state functions ripe for reform in any fiscal repair.
Furthermore, the world will soon realise that Brexit is no disaster but rather a big positive which could harness growth.
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.
Opposition politicians are wrong in their assessment of the country’s economic response to Covid.
Kristian Niemietz: What difference does the size of the state make to how is deals with Covid? None.
If it were the critical factor, Belgium should have been superbly prepared for the pandemic. Alas, it was not.
Will Tanner: Covid and vaccines. Imagine what would have happened if we’d junked intervention – and opted instead for laissez faire.
The first piece in a ConHome mini-series this week on industrial strategy after the pandemic.
John O’Connell: To ensure efficient government spending, we need a new Parliamentary Budget Committee
A dedicated body could focus on scrutinising the economy and effectiveness of future plans. Australia and New Zealand already have similar models.
David Gauke: If Johnson goes for a Brexit trade deal, as he should, he should also go for a further implementation period.
Closing the transition period at the end of the year will cause even greater problems than necessary.
Publishing the figures will underline that Ministers are striving to be balanced. Never mind how it looks, though: better statistics will lead to better decisions.
Why the obsessive focus on new tax rises when we need proper spending control – in the form of a real zero-based review?
The Treasury should hold one as the year rolls on, along the lines of that undertaken by Canada’s government during the 1990s.
Stephen Booth: Why Stilton matters to the Japanese trade deal – and how talks can bring the UK closer to the CPTPP
Trade negotiations and agreements are inherently political.
Emma Revell: Young people socialising made Sturgeon “want to cry”. If only she got as upset over their debt burden.
During the EU referendum, many politicians claimed to be concerned about younger generations’ futures. But they’ve been mysteriously quiet recently.
We must adapt or risk a lasting hit to one of the world’s economic command centres. A booster shot is needed to avert a smaller economy.