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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Recent Comments

  • User Avatarsuzanne Fletcher 20th Aug - 6:47pm
    @George Potter. Yes it is long, but no way were we going to be the people to say that some bits did not matter !...
  • User AvatarGeorge Kendall 20th Aug - 6:39pm
    @Peter Martin Hi Peter, Thank you for your comments. For the sake of clarity, are you the same Peter Martin who commented last year on...
  • User AvatarMichael 1 20th Aug - 6:14pm
    @Mark Seaman The point about car manufacture is that it requires a large investment in a plant. So there tends to be one (or two)...
  • User AvatarGeorge Potter 20th Aug - 6:06pm
    With apologies to Suzanne and LD4SOS, my understanding is that their amendment is 3 pages long. In all my time in the party I have...
  • User AvatarPeter Martin 20th Aug - 5:53pm
    @ Grahame Evans, Yours is a rather convoluted argument. Low interest rates and a lowish exchange rate are a sign of weakness in an economy...
  • User AvatarPeter Hayes 20th Aug - 5:24pm
    I agree with Martin, the summary is useful. If you read ConsevativeHome and LabourList BTL you see that our comments are relatively moderate! Labour has...