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If you run a deficit, you will allow public spending to grow unsustainably with little checks to make sure that the public are getting good value for money.
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Kwasi Kwarteng (Britannia Unchained: Global Lessons for Growth and Prosperity)
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the likely reason being that the young increasingly believed that benefits prevented the poor from learning independence.
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Kwasi Kwarteng (Britannia Unchained: Global Lessons for Growth and Prosperity)
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The public sector didn’t need reform to improve productivity – it just needed more money.
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Kwasi Kwarteng (Britannia Unchained: Global Lessons for Growth and Prosperity)
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Rather than making the difficult decisions to improve the capability of the individual, this view simply assumed a growing pie in which the only policy decision was how to cut shares in it.
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Kwasi Kwarteng (Britannia Unchained: Global Lessons for Growth and Prosperity)