It has forgotten that rising prices are a disease of money, and has slid back to a world of “sticky” prices.
The Government needs as broad a coalition of voices as possible to tackle the fissure opening up in our constitution and public life.
These may take time to bear fruit, but must reassure the markets now that the growth path in expenditure will be measurably lower. Such measures must involve doing less, as well as doing things differently.
One way in which we can achieve this is by formally splitting courses into three categories.
From fishing to illegal immigration, Britain must make preparations to give its claim of “walking away” some weight.
Security needs to become a responsibility of the nation, not just government’s professional forces.
Talk of more competition can be naïve if the choice simply amounts to either buying from a national monopoly or making an off-the-shelf purchase from the USA.
Our arrangements have served us well for centuries. But the current situation reveals that it is in need of a tidy-up to restore its effectiveness and standing.
In the event of No Deal, we should put on hold WTO tariffs for Irish trade on those items most likely to offer opportunities to organised crime.
James Kanagasooriam’s recent analysis is powerful, but the suggested solutions are less sure. Simply offering what younger voters want won’t work.
There is widespread concern about the shrinking of the UK’s armed forces. But one dimension here has largely been ignored – the hemorrhaging of the regular officer corps of the Army and RAF.