Truss: We Need to Talk Growth, Not Redistribution

For 25 years governments of all colours have been too concerned about how the cake is divided rather than the size of the cake. Liz Truss aims to unshackle the economy from a straitjacket that pleases the Gini coefficient fetishists, the likes of the IFS and Resolution Foundation wonks who dominate every post-budget narrative in the broadsheets with charts about the redistribution of taxes and benefits. The goal of Liz Truss’s government should be to provide the framework for economic growth, growth that provides high paying jobs, not optimises universal credit. The Treasury has been trapped in the logic of Gordon Brown for too long, tinkering with taxes and benefits instead of turbo-charging the economy. We can’t tax or redistribute our way to prosperity, Liz Truss knows this and has the drive to reform government policy. It is a positive, optimistic agenda on which she needs to move fast, starting this week…

mdi-tag-outline Sunday Shows
mdi-account-multiple-outline Liz Truss
mdi-timer September 4 2022 @ 10:33 mdi-share-variant mdi-twitter mdi-facebook mdi-whatsapp mdi-telegram mdi-linkedin mdi-email mdi-printer
Home Page Next Story
View Comments