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5 October 2022

Letter of the week: A doomed dash for growth

Write to letters@newstatesman.co.uk to have your thoughts voiced in the New Statesman magazine.

By New Statesman

Your coverage of the “Truss Delusion” (30 September) was excellent, but there is nothing new about the dash for growth, which crops up only too often in British politics. It never works, because our economic problems are deep-seated, complex and long-term, while the answers from politicians in a hurry are always superficial, simplistic and short-term.

Economic growth is not a mystery. It comes from sustained investment in productivity, technology and management; from education and training in skills; from robust transport and energy infrastructure; from sound public institutions at local, regional and national levels, and properly financed public services; and from confidence in a political system that does not lurch from one extreme to another every few years.

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