£210,000,000,000 is the estimated cost so far of Big Government intervention during this Chia flu pandemic – according to National Audit Office This amount covers spending promises up to the first week of August – so the debt pile could be significantly higher once the final totals are known. Viv Nicholson coined the phrase “Spend, spend, spend” when she scooped the pools back in 1961 – but at least it was her money she was spending – whereas Sunak, the present Chancellor, has borrowed her phrase – but is spending our money on ill thought out schemes, short term popularity contests and with reckless abandon. And throughout this – the British people are being kept in the dark – as to how this will be repaid and when… A democratic government must have the right to make decisions on behalf of its citizens – but at all times – when it comes to taxpayer money it must be a candid about the true costs and the true consequences of its decisions. There is no such thing as a “free lunch” – and we expect more from this Government than pretending there is. The October Budget will probably be the most important budget of this generation and we hope Sunak and Johnson – remembers the words of the Margaret Thatcher when she stated there was
- “Too little attention to creating more wealth—too much concentration on its distribution” and
- “Too much power in the hands of government—too little left to the citizen and small business”
And the Prime Minister needs to realise that Populism has changed the dynamic of “old school politics” and that the New Right is no longer blindly loyal to the Conservative Party. He was elected with a landslide majority solely with Brexit support – and that support will switch if the October Budget, becomes a Tax, tax, tax budget