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Charles Tallack's avatar

Is this basically an argument that Truss was right?

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Paul Cassidy's avatar

Yes. But we knew that! What we learned in that brief period is how determined the establishment Heseltinian, big government machine is to ensure it never comes to pass.

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Michael Woudenberg's avatar

The thing is, the big spending works. The US increases the national debt by $1T every 100 days and yet here we are... When it finally breaks apart we just reset and do it again. How do you convince people to be financially astute when recklesness has no consequence that they'll ever see?

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John Bowman's avatar

I was in business for 25 years working for a US company. I can tell you the primary criterion which decides whether a company locates, relocates, expands or sets up is taken by the key executives, is, ‘Does my family and I want to live there? What is the housing like, the schools, healthcare, amenities, safety, what are the people like.’

Regeneration schemes which will be determined by social considerations - affordable housing, good for the local community, blah, blah, blah - won’t score high on the do I really want to live there and or move my family there? Which is why so many business want to be in the South.

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