A solid but unspectacular centre-right Prime Minister, with a good economic record, is trying to fight off a charismatic, high-spending challenge from the left.
Between 1997 and 2005, public sector spending rose from £336 billion to £517 billion a year. But its output has increased little, so its productivity has fallen dramatically.
As possibly the only Brexiteer in the Parliamentary Party’s One Nation group, I am also only too aware that this message must be accompanied by a successful EU negotiation.
The Chancellor has not always been well treated by his neighbour, and deserves support over public spending. But he has mishandled his internal position over Brexit.
When I wrote on this website last year that we should not underestimate him, some ridiculed my argument. Now we have to educate a new generation about the dangers of Labour.
We should put the proceeds in a special Redistribution Fund to spend either on public services, or on poorer communities, or cutting taxes for the lower paid.
The Corbynite-Momentum-Left movement is trying to bluff Tory MPs and activists into believing that public support for its hysterical worldview is higher than it really is.
The “modernisers” think that people with clear principles are cranks. In five years, they may find themselves queuing for food at their local Red Star state supermarket.