Ruth and Hammond’s Radical New Tory Ideas: More Taxes, More Spending, More Regulation

After a month of think tank launches and relaunches, op-eds and policy papers discussing the new radical policies the Tories need to win the next election, Ruth Davidson and Philip Hammond have come up with the uninspiring, unoriginal idea of high taxes, new regulations, more intervention, more borrowing and more public spending.

Ruth today says the Tories have cut taxes far enough and demands more money for the NHS, presumably funded by tax rises or extra borrowing. Her call comes the day after Tax Freedom Day, the point in the year at which the average person starts to actually keep what they earn rather than pay it to the state in taxes. That day now comes later than at any time since 1995 – even worse than under New Labour. Government spending is at £30,000 per household. There is room to solve the housing crisis and make sure the NHS is properly funded while bringing down overall spending and lowering taxes.

Hammond, meanwhile, is planning a speech arguing that Thatcherite free market capitalism is no longer fit for purpose and that greater state intervention is needed to win over young voters attracted to Corbyn. This is such a lazy analysis of the the 2017 result. The ‘youthquake’ theory has been largely debunked, polls are showing a clear trend towards young voters now preferring the Tories to Corbyn, and under 25s are more likely to think the government taxes and spends too much already. As are 25-39 year-olds and 25-49 year-olds. 

Ruth and Hammond’s blunt big state approach is not new, it’s not original, it’s not radical, it is the same, tired, old ideas of more taxes, more spending and more regulation. Not only does it concede ground to Labour and play Corbyn’s game – and he can always promise more spending and regulation than the Tories – it doesn’t even correctly identify the direction in which young voters want to see the country to go. Will Tory members and voters really go for it?




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Boris on Osborne and Project Fear:

Unemployment has fallen by 250,000 to a new low of 4.2 per cent while record numbers of jobs have been created – including no fewer than 8 for the former chancellor and chief architect of project fear who has become a glorious living rebuttal of his own preposterous warnings.”

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