On how to win the next election:
The statement says that economic competence is not enough;
No, but it would be an interesting start, don\’t you think? Going into an economic slowdown wih no room to lower taxes, increase spending or increase borrowing isn\’t, even in Keynesian terms, evidence of economic competence.
A very astute point, as ever. Their record for economic competence could still have been salvaged, should they have used some intelligence over the past few years.
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