How do the Conservatives continue to tackle the deficit, grow the economy, and persuade voters that they are – as the Home Secretary Theresa May put it in her measured keynote speech to the ConHome ‘Victory 2015’ conference yesterday – a party for all? There’s a chance that the answer to all three problems might be to make targeted increases to the minimum wage. Americans are starting to look at the potential stimulus effects of a similar increase in their minimum wage, and this may be the time for the Treasury to contemplate something radical.
Whilst the electorate continue to view Ed Miliband as out of his depth, one of the biggest problems faced by the Conservative party is in becoming a party seen as acting in the interests of everyone. Given the backdrop of a likely Labour victory, this is the moment for David Cameron and George Osborne to be bold. If Conservativism is anything, it is a movement which wants to see everyone prosper.
Comments
Join the debate for just $5 for 3 months
Be part of the conversation with other Spectator readers by getting your first three months for $5.
UNLOCK ACCESS Just $5 for 3 monthsAlready a subscriber? Log in