Chancellor Zero

Even if the GDP numbers are not entirely unexpected, they are still a failure, a failure to grow the economy. The deficit can only be paid down if the economy grows, we can’t borrow our way out of a debt crisis. It is time for a supply-side revolution, why is the government implementing a policy of selected regional enterprise zones, why not make the whole economy an enterprise zone? It was a mistake to hike VAT and it is a strategic error to burden industry with crushingly high green taxes and penal marginal income tax rates of over 50% discourage entrepreneurs from coming to invest in Britain.

If the government is going to miss the deficit target, and it is, miss it because the government slashed taxes to grow the economy. The international bond markets will forgive a finance minister with a growing economy who misses his deficit target, they won’t forgive a finance minister with a contracting economy in any circumstances. Chancellor Zero knows that with no growth there is no hope for the deficit.




Tip offs: 0709 284 0531
team@Order-order.com

Quote of the Day

Sky’s Faisal Islam on the mood in Parliament at the moment:

“It’s a totally febrile atmosphere here. It’s kind of like Game of Thrones meets House of Cards – and if you chuck in the Labour Party – Laurel and Hardy too.”

Guidogram: Sign up

Subscribe to the most succinct 7 days a week daily email read by thousands of Westminster insiders.

Facebook

TRACKING #TORYLEADERSHIP CAMPAIGN 2016 TRACKING #TORYLEADERSHIP CAMPAIGN 2016
Gove’s Full Statement Gove’s Full Statement
AB FAB’S PATSY AND EDINA SPEAK ON BREXIT AB FAB’S PATSY AND EDINA SPEAK ON BREXIT
CORBYN GETS HIS NEW POLITICS AT LAST CORBYN GETS HIS NEW POLITICS AT LAST
CORBYNISTAS WEAPONISE CAMERON CORBYNISTAS WEAPONISE CAMERON
PM TO CORBYN: “FOR HEAVEN’S SAKE MAN, GO!” PM TO CORBYN: “FOR HEAVEN’S SAKE MAN, GO!”
GLOVES OFF: CRABB GOES FOR BORIS GLOVES OFF: CRABB GOES FOR BORIS
JEDIS FOR JEZ JEDIS FOR JEZ
DON’T TRIGGER ARTICLE 50 UNTIL THE DEAL IS CLEAR DON’T TRIGGER ARTICLE 50 UNTIL THE DEAL IS CLEAR
SNP CELEBRATE ENGLAND OUT OF EUROPE SNP CELEBRATE ENGLAND OUT OF EUROPE
LEADSOM WAITING FOR BORIS TO OFFER HER CHANCELLOR LEADSOM WAITING FOR BORIS TO OFFER HER CHANCELLOR
Happy Brexit Ma’am Happy Brexit Ma’am
SEUMAS’ BAD IDEA SEUMAS’ BAD IDEA
FARAGE VICTORY SPEECH TO EUROPEAN PARLIAMENT FARAGE VICTORY SPEECH TO EUROPEAN PARLIAMENT
LABOUR COUP DAY 3 LABOUR COUP DAY 3
INSIDE THE PLP: “THE WORST SPEECH I HAVE EVER HEARD IN MY LIFE” INSIDE THE PLP: “THE WORST SPEECH I HAVE EVER HEARD IN MY LIFE”
“SAVE JEZ” SUPPORTERS DEMAND “100 NEW MPS” “SAVE JEZ” SUPPORTERS DEMAND “100 NEW MPS”
CAMERON ON LABOUR: “AND I THOUGHT I WAS HAVING A BAD DAY” CAMERON ON LABOUR: “AND I THOUGHT I WAS HAVING A BAD DAY”
JUNXIT! JUNCKER FACING CALLS TO RESIGN JUNXIT! JUNCKER FACING CALLS TO RESIGN