The Tories should be radical and get angry on behalf of all sectors of the business community. They must revisit the question of eliminating waste in government and create an extensive list of the needless regulations that could be abolished in the first six months of a Tory government.
So I was delighted to read Nicholas Watt's article in this morning's Guardian saying that is just what David Cameron intends to do.
David Cameron is to salvage a Tory plan to cut government spending by £12bn that formed the centrepiece of Michael Howard's 2005 general election campaign. In a sign of his determination to cut taxes, Cameron has authorised his shadow Treasury team to dust down the so-called James review of 2004-05, which identified £12bn of potential government savings."We are still committed to many aspects of the James review," a senior Tory told the Guardian. "It has some very sound ideas. Savings will go into the pot and will be used for tax cuts or be spent elsewhere."
If the Conservatives are ever to reduce the tax burden, they must first of all reduce the amount of public spending. Indeed, it is spending where the focus of debate should now be, not on tax. There is a huge amount of waste within the system and it needs to be identified and then rooted out. In a budget of £681 billion it must surely be possible to identify savings of upwards of £20 billion. To avoid the usual Labour charges of slashing and burning they need to be identified individually, and costed. So let's have James Mark II. And soon.