I listened to chancellor George Osborne’s speech to the Tory faithful, and noted somewhat sceptically all the good-sounding verbiage about strivers and entrepreneurs and all the rest, as it was all sandwiched between declarations of how well the government is “running the economy” and interventionist gimmicks, such as the proposals concerning share-owner workers.
The sad truth is George does not realise that the good-sounding half of his speech was contradicted and undermined by the other half, where he showed that he is as much wedded to state intervention as Labour. The best we can hope for is that they are better at managing the bloated monstrosity inherited from 100 years of ever-growing state power.
If George wants to help, here are two things he could do tomorrow, the economic benefits of which would be immediate and widespread:
Slash fuel duty
Abolish Employer NI