The most tangible undertaking that Herbert was to address the manner in which the public sector procures the £2 billion worth of food that it consumes per annum. All the bacon that the Army eats is foreign, much of it not reared to the animal welfare standards to which our farmers have to adhere. This is clearly a nonsense.
Very much oh dear.
The purpose of production is consumption. If we can consume more for the same money, or the same for less money, by buying from one source rather than another, then that makes us richer. For we are either consuming more for the same income or have income left over after our desired consumption of bacon is satiated.
To forget or ignore this is the nonsense.
If British farmers cannot make the bacon the Army desires at the price that others can then they shouldn\’t be selling to the Army. And if no one else wants the bacon that British farmers can make at then price they wish to offer it then British farmers should stop making that bacon.
This process creates wealth which is, after all, the point of an economy.