Monday, 7 March 2011

More on the 'enemies of enterprise'

I had a few words to say about Cameron's 'enemies of enterprise' Spring conference speech earlier today. A few more have pitched in; Tim and Phil at Touchstone; Chris Dillow at Investors Chronicle and Danny Blanchflower at the New Statesmen.

The PM's speech was indeed risible: offensive and provocative to public sector workers, simply wrong on the extent and impact of regulation in the UK economy, ignorant of the necessary and positive role of Government regulation in addressing a wide range of market failures (particulary climate change as Phil points out) and utterly bereft of anything approaching a serious growth strategy.

The coalition now promises a growth strategy as part of the March 23 Budget. Be scared. Be very scared.

Stephen Boyd - STUC

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