Wonks Pan Mayism: Job Losses, Higher Inflation, Living Beyond Our Means

Red Theresa’s manifesto means job losses, higher inflation and Britain living beyond its means for a quarter of a century, say the experts:

Institute of Economic Affairs:It’s concerning that we may be seeing the advent of a Conservative Party which fails to understand that economic and social problems are more likely to be eased by free market solutions than by increased state intervention, however well-intentioned… An increased burden of regulation and further government interference in price and wage setting will raise costs, undermine competition and reduce labour market flexibility, resulting in job losses and higher inflation. The delayed timetable for eliminating the budget deficit suggests that the Conservatives’ commitment to fiscal discipline is continuing to weaken.”

Centre For Policy Studies: “According to the Conservative Party’s fiscal target reported in the press today, the UK is set to reach a budget surplus by 2025-26. This will mean that the UK has lived beyond its means for a quarter of a century… this fiscal target is disappointing. It should be seen as a ‘worst case’ scenario. The next government must aim to achieve a budget surplus at an earlier date.”

Confederation of British Industry: “The Conservative manifesto has an Achilles heel – in a global race for talent and innovation UK firms risk being left in the starting blocks because of a blunt approach to immigration.”

Institute of Directors: “Businesses will worry that interventions will disrupt the normal flow of commerce… interventions in the labour market must be handled delicately, with trade-offs for businesses. Any new employment regulations must be consulted on in depth to ensure that they do not have unintended consequences. The manifesto states that the Party does not believe in ‘untrammelled free markets’, but they must also recognise that governments have limitations.”

Privately Tory MPs and Cabinet ministers know it, too…




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

Quote of the Day

Jo Swinson on Chris Rennard…

“Vince — and Tim before him — have repeatedly, publicly said Rennard is not welcome anywhere near their frontbench team, even as an adviser. I remain deeply frustrated that he was not expelled from the party through its disciplinary process. It just feels wrong, and I do not want Lord Rennard to continue as a member of the party. As far as I am concerned, he is not welcome.”

Sponsors

Guidogram: Sign up

Subscribe to the most succinct 7 days a week daily email read by thousands of Westminster insiders.
Corbyn Goes Shouty Crackers Corbyn Goes Shouty Crackers
OBR: Hammond’s Budget Rabbit Will Increase House Prices OBR: Hammond’s Budget Rabbit Will Increase House Prices
Hammond’s Banter Budget: All The Jokes Hammond’s Banter Budget: All The Jokes
Watch: Corbyn’s Black Rod Message Backfires Watch: Corbyn’s Black Rod Message Backfires
Budget Pic Budget Pic
Putin: Alex Salmond is Not a Kremlin Propagandist Putin: Alex Salmond is Not a Kremlin Propagandist
Gilbert and George Come Out as Brexiteers Gilbert and George Come Out as Brexiteers
Rudd Missed Key Brexit Vote Last Night Rudd Missed Key Brexit Vote Last Night
Top Corbynista Compares Mugabe to Queen Top Corbynista Compares Mugabe to Queen
Owen, Piers, Guido Three-Way Owen, Piers, Guido Three-Way
EU Game Teaches Kids to “Collect More Taxes” EU Game Teaches Kids to “Collect More Taxes”
Kezia: I’m A Hypocrite, Get Me Out of Here Kezia: I’m A Hypocrite, Get Me Out of Here
Siemens to Cut European Jobs, Expand in UK Siemens to Cut European Jobs, Expand in UK
WATCH: DD Meets Cliff Edge WATCH: DD Meets Cliff Edge
Momentum Plot to Treble Council Tax For 15,000 Households in Bristol Momentum Plot to Treble Council Tax For 15,000 Households in Bristol
75% of European Medicines Agency Staff Want to Stay in London 75% of European Medicines Agency Staff Want to Stay in London
Newsnight’s Royal Farce Newsnight’s Royal Farce
MPs’ Security Costs Rise 1395% MPs’ Security Costs Rise 1395%
Just 12% of MPs Vote to Stay in Customs Union Just 12% of MPs Vote to Stay in Customs Union
WATCH Scottish Labour Leader: “I Support England” WATCH Scottish Labour Leader: “I Support England”