Published in Japan Times 24 hrs before resignation but showing what will happen and what ought to happen. https://t.co/ZdncmWc0CU
Need for real spending cuts via #efficiencies? Forget primitive Treasury budget slashing. Move to #PPBS (programme-planning-budget-systems), tried here in the early ’70s, systematically questioning functions and objectives in every Department.
Getting patients out of bed too soon is always dangerous. We have had THREE severe,and unforeseen #financialillnesses. The first #recovery need now is for stability and balance. Demanding instant growth,and protection from cuts, BBC style,is plain stupid.
Signs of change on the N.I. Protocol, both in Brussels and Dublin.Cod this be one area where things are coming right. See my Tuesday speech on the Protocol Bill. https://t.co/h72gZvK8JI
Facts forgotten: we have been through wartime public finance demands via Covid and stopping the bleeding from impossible energy . Now the price ,as in war, has to be paid. See why below. Also the real levelling up needed. https://t.co/1DqoWHYJe5
Re all those voices demanding #benefits be #uprated with inflation - should they not first ask what inflation rate will be, before rushing to judgment. Once it was 13%,then 10,then 8. Could now be six or five -same as wages.Replace kneejerk with analysis.
Why the crude oil price moved so little,why China is getting nervous about Putin,why energy-driven inflation will turn out lower than forecast.See speech Thursday to Arab Bankers. https://t.co/qmkBQ8U3KR
Why the #oilprice hardly moved when OPEC announced cuts. See remarks by D.Howell to the Arab Bankers Association last night. https://t.co/1y1x9LOzh2
I was asked to list my view of errors in a Sunday Times article last Sunday. Here it is : https://t.co/eH5RbEPaiw
Clever clogs economic experts who moan that fiscal and monetary policy are tugging in different directions have clearly never been skiing - where you have to keep changing weight from ski to ski to maintain balance.