Douglas Carswell's Blog

How's that growth strategy coming along?

Not brilliant, is it?  Especially when it looks as if government spending grew faster than GDP.

Economic growth is not about making speeches that talk about growth. 

Nor is it a case of establishing quangos to curb the regulatory excesses of quangos - and calling it deregulation.

Nor is it about using government spending to boost GDP, contrary to much of the ingrained thinking within our Keynesian-minded Treasury.  For all the talk of cutting the deficit, government spending is in fact rising.  This isn't simply due to the power of inertia in Whitehall, but is in part down to Treasury fears that if it were to actually cut public spending the way they imply is happening, GDP would contract.  One might almost say that the Treasury was making Ed Balls point for him .....

Back to growth.... What might the government do to break out of the slow growth / no growth, Keynesian cul de sac that we're in?     

Tim Montgomerie highlights some excellent ideas here. 

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