Douglas Carswell's Blog

A growth strategy that actually works ....

Here is a snap of my broad beans.  I decided to take a chance over the weekend, and transfer them out into the veggie patch. 

Fingers crossed.  There could be a late frost.  Or perhaps the snails might get them.  But so far, they seem to be coming along very nicely ..... 

As I was planting them out, my mind wandered.  I pondered whether the Treasury has a different sort of growth strategy, one that would return the country to prosperity? 

With the government still spending over £100 billion more each year that it gets in taxes, further fiscal stimulus through even more over-spending is not possible.  More monetary stimulus would merely give the patient more of what made it ill.

Let's hope the Treasury bods have been mulling over ideas to achieve growth not by engineering it, but by liberalising the supply side.  That means freeing up economic activity and getting government out the way, not granting corporatist concessions to vested interests and pretending that its the free market.   

With the Queen's Speech in a few days, we'll know if there is a coherent economic growth strategy before we'll know whether my broad beans make it.

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