SIR ROCCO FORTE:There's no motivation to strive in the Budget
Theinscription at the gates of hell in Dantes Inferno reads, Abandon all hope ye who enter here. It is what I am reminded of when I contemplate the recent Budget.
What element of encouragement is to be found there for the ideal of free enterprise? What motivation is there to strive and endeavour?
Winston Churchill said to his constituents in September 1959: Among our socialist opponents there is great confusion. Some of them regard private enterprise as a predatory tiger to be shot.
Others look upon it as a cow they can milk. Only a handful see it for what it really is the strong and willing horse that pulls the cart along.
It is quite obvious how our present Government sees it as the cow they can milk.
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The narrative is that things had to become more settled, the economy needed to be stabilised. But there is simply no vision whatsoever for the future.
Much of the black hole talk throughout the most recent Budget is pie in the sky and the idea that the British economy is not able to cover its costs over the medium term is nonsense.
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