Ryan Bourne

There are economic reasons to cut the state, irrespective of the deficit

Treasury Select Committee Chairman Andrew Tyrie recently explained he would support cutting back the size of the state even if our public finances were in balance. I doubt whether the leadership of the Conservative party agrees. Cameron and Osborne seemed settled on the Brownite consensus until the financial crisis threw them a curved ball.

This, in many ways, makes the so-called ‘austerity’ programme more difficult for them to implement. Without the argument that they genuinely believe in smaller government for economic or moral reasons, the party has had to adopt the ‘we wish we weren’t doing this but we have to’ line. It’s meant they’ve been unable to spell out a positive vision for where they want the economy to be in future, or bind together a coherent narrative that a smaller state need not result in bad public services in the medium-term.

This is disappointing.

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