The Wit and Wisdom of Iain Duncan Smith II
Here The Quiet Man notes that high 'growth rates' in the rest of the world represent 'very serious competition for us'. Sadly we can't reduce the growth rates in the rest of the world, so TQM comes up with a proposal of cutting government expenditure to allow us 'to compete with the rest of the world'."My right hon. and learned Friend is right to talk about a short or medium-term target of 40 per cent [for public spending]., but in the longer term, if we are to compete with the rest of the world--and its growth rates represent very serious competition for us--we must bring expenditure levels down even further"
posted by Matthew @ 10/15/2003 12:08:00 PM
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