Tag Archives: state intervention

Opinion: Need, not a magic number, should determine size of the state

Union flag photo credit: Some rights reserved by ianonlineIronically, one of strongest views expressed about the size of the state in The Orange Book was by Vince Cable, subsequently more usually associated with wanting more state spending during the recession but at the time of The Orange Book wishing to see a cap introduced on the level of state spending.

Jeremy Browne has more recently talked of wanting to reduce the size of the state to around 35-38% of GDP but more significant has been David Laws’s comments which in effect put any push by people such as himself in the party for reducing the size of the state into the deep freeze. He attacked the Conservatives, saying:

“Their desire to shrink the state by continuing to cut spending long after the deficit has been cleared trumped their rhetorical commitment to expanding opportunity for young people. Clearly a political dividing line on fiscal policy matters more to them than the effort to reduce poverty and expand life chances.”

Posted in Op-eds | Also tagged and | 39 Comments
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  • User AvatarJohn Marriott 22nd Feb - 9:16pm
    How true, Jonathan and Judy. The words of the late Dean Acheson come to mind as well.
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  • User AvatarKatharine Pindar 22nd Feb - 8:58pm
    David, thank you for that! Our economists have had a field day, or rather several days, of discussing economic policies over several different threads, and...
  • User AvatarJudy Abel 22nd Feb - 8:12pm
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  • User AvatarDavid Raw 22nd Feb - 8:08pm
    I'm sure this is all very worthy and erudite, but, in the flight away from Layla's original comment about tuition fees, this thread has become...
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