
Britain is choosing to be poor
I know this is likely to stir controversy just that it’s from the IEA, and there are parts I disagree with (like the general dismissal of most regulations and the final paragraph in particular).
But it makes some really startling points (£300 billion spent on benefits this year) and raises some uncomfortable truths (“we say we want growth, but our revealed preferences tell a different story”).
I would love to see the party engage with these issues more forcefully, especially since a Liberal Democrat solution would not involve a bonfire of the welfare state like the plans that Reform just came out with (and likely to soon be followed by the Tories).
If we cede this national discussion the country will end up trapped between Labour’s statist paternalism (not even mentioning the Greens) and the right’s Thatcherism on steroids.