The whole of government needs to contribute to the shared goal of restructuring the British economy. But that means taking on the myth that the Treasury either knows best or can run it all. It just doesn't.
Sentiment: NEGATIVE
We do recognise that there are areas where the current financial services market, the banking market, just isn't working for chunks of the British economy.
You know the illusion of the cheap money is over and now Britain has to go out there and graft and earn its way and create wealth and prosperity in a very competitive world.
We want a strong, vibrant economy for Britain so that we can set out a clear and affordable alternative programme for government.
The British economy of the future must be built not on the shifting sands of boom and bust, but on the bedrock of prudent and wise economic management for the long term. It is only these firm foundations that we can raise Britain's underlying economic performance.
The Prime Minister in the UK thinks spending and borrowing more is the right thing to do in the circumstances, and is busily trying to bail out chunks of the private sector which would otherwise have to adjust more quickly to the painful reality that we have been living beyond our means.
Essentially we need a new social consensus for economic reform as New Labour has achieved in Britain.
You cannot tackle Britain's debts without tackling the unreformed welfare system.
What I would say is governments need assistance to run their organisations more efficiently just like businesses do.
There's another way we are getting behind business - by sorting out the banks. Taxpayers bailed you out. Now it's time for you to repay the favour and start lending to Britain's small businesses.
Even if the government spends itself into bankruptcy and the economy still does not recover, Keynesians can always say that it would have worked if only the government had spent more.