AHC: modern Conservative Party in UK focuses on economic growth?

https://www.ons.gov.uk/economy/gove...rostatmaast/aprtojune2016#annex-a-data-tables

2. Background

' . . . Article 126 of the Treaty on the Functioning of the European Union (EU) obliges member states to avoid excessive budgetary deficits. . . '

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' . . . a deficit (net borrowing) to gross domestic product (GDP) ratio of 3%

a debt to GDP ratio of 60% . . . '
This might be part of the problem. You're setting ideal numbers which ARE NOT ideal in responding to a serious recession.

In the United States, tax withholding and the fact that this can go up or down paycheck to paycheck provides an automatic corrective, although I've read one not even half big enough for a really serious downturn.
 
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The fixation on inflation seems perennial, however.

Inflation isn't exactly harmless. It hurts retirees by devaluing their nest egg, and it makes the next recession more painful because the people who lose their jobs have to cover an increased cost of living.
 
Inflation isn't exactly harmless. It hurts retirees by devaluing their nest egg, and it makes the next recession more painful because the people who lose their jobs have to cover an increased cost of living.

And if the rate is too high, you have wage demands from the workforce (in order to maintain their standard of living) which can drive up costs in the economy, and reduce competitiveness within the country compared to other countries.
 
And if the rate [of inflation] is too high, you have wage demands from the workforce (in order to maintain their standard of living) which can drive up costs in the economy, and reduce competitiveness within the country compared to other countries.
Plus, it causes greater uncertainty, and persons or businesses thinking about opening a new business may then expect a higher than standard rate of return in order to make up for this. I'm even willing to call myself an inflation hawk, but I'm not going to fixate on it to the exclusion of everything else.

In a modern economy, you're always trying to achieve multiple goals. Heck, probably in a primitive economy as well! :)
 
All that matters is economic growth - and this is a war we must win

Mirror, Editorial, Tony Parsons, 24 Sep 2011 (updated 15 May 2012).

http://www.mirror.co.uk/news/uk-news/all-that-matters-is-economic-growth---and-this-is-a-war-155521

' . . . The one question I have not heard them ask about current VAT and tax rates, including the 50% tax rate for high earners, is this – is it good for growth? And that is the only thing that matters right now.

'Everything – everything – should be about economic growth. And even then it might not be enough to save the country from disaster. Yet we have to try. . . '
An editorial taking the position that growth is the whole game.
 
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