One can be confident that arguments to the contrary are the sort of defeatist doom-mongering up with which Johnson will not put.
We should never forget the millions of people who are “just about managing” – they will find it harder to budget over the next few months.
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.
I thought it would be useful to pass on some phrases that have fallen into disuse, but might be needed again if the authorities don’t get their act together.