Enterprise: Creating a future for all

A Strategy for Growth and Prosperity

Key Proposals

Provide an enterprise-friendly environment

Less tax, less regulation, less interference

Better education for all

More targeted further education

Our approach is not the minimalist state but the intelligent state. We need a government that will act decisively to break down the barriers to success - to provide a ladder which all may climb and a safety net below which none need fall. Governments all too often find it easier to dispense with the ladder and instead try to demonstrate their concern by the level of their handouts through health, education and welfare spending. It does not work and we should stop pretending that it does.

There are many things that governments can and should do. They can ensure that an effective education system is in place for all and promote diverse skills. They can remove barriers to trade and make sure that laws facilitating trade are upheld. They can provide good transport links, keep bureaucracy to a minimum and encourage savings and investment.

On the other hand, governments blunder when they seek to control everything and 'buck the market'. Imposing high taxation and creating needless regulations can severely damage business. Governments should not try to micro-manage businesses, subsidise failing businesses or replace private spending. And in their own spending, losing control of finances can cause harm far beyond the taxpayer's pocket.

The same old mistakes

In the post-war years successive governments tried to boost economic growth through public expenditure. This approach eventually collapsed in 1976 when Britain had to call in the International Monetary Fund. Incredibly, the present government has done exactly the same and the cracks are growing. Economic growth depends upon flexibility in the labour market, a tax regime which rewards hard work, a skilled and motivated workforce and efficient transport systems.

The first steps

The New Party will encourage a wide range of wealth creation by providing an environment in which all types of business may prosper. We will do this by reducing direct costs such as taxation and indirect costs such as over-regulation. We will also fully deregulate education and encourage our universities, further education and training establishments to address the shortages in core skills by the targeted use of scholarships.

Replacing the dead hand of government

The New Party will provide a low tax, lightly regulated economy that will allow enterprise to flourish and control public sector expenditure. Our education proposals will ensure better skills and the qualifications that the country needs. We will create more free trade agreements and help businesses to compete in international markets. Above all, we shall replace the dead hand of government with freedom and personal choice.

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	The New Party Manifesto
	Manifesto > Enterprise: Creating a future for all (Introduction) \| A Strategy for Growth and Prosperity \| Low, Simple and Fair Taxation \| Cutting the cost of the state \| Deregulation: Industry, Employment and Incomes \| Finance and Credit \| Agriculture, Forestry, Fisheries and Foods Enterprise: Creating a future for all A Strategy for Growth and Prosperity Key Proposals Provide an enterprise-friendly environment Less tax, less regulation, less interference Better education for all More targeted further education Our approach is not the minimalist state but the intelligent state. We need a government that will act decisively to break down the barriers to success - to provide a ladder which all may climb and a safety net below which none need fall. Governments all too often find it easier to dispense with the ladder and instead try to demonstrate their concern by the level of their handouts through health, education and welfare spending. It does not work and we should stop pretending that it does. There are many things that governments can and should do. They can ensure that an effective education system is in place for all and promote diverse skills. They can remove barriers to trade and make sure that laws facilitating trade are upheld. They can provide good transport links, keep bureaucracy to a minimum and encourage savings and investment. On the other hand, governments blunder when they seek to control everything and 'buck the market'. Imposing high taxation and creating needless regulations can severely damage business. Governments should not try to micro-manage businesses, subsidise failing businesses or replace private spending. And in their own spending, losing control of finances can cause harm far beyond the taxpayer's pocket. The same old mistakes In the post-war years successive governments tried to boost economic growth through public expenditure. This approach eventually collapsed in 1976 when Britain had to call in the International Monetary Fund. Incredibly, the present government has done exactly the same and the cracks are growing. Economic growth depends upon flexibility in the labour market, a tax regime which rewards hard work, a skilled and motivated workforce and efficient transport systems. The first steps The New Party will encourage a wide range of wealth creation by providing an environment in which all types of business may prosper. We will do this by reducing direct costs such as taxation and indirect costs such as over-regulation. We will also fully deregulate education and encourage our universities, further education and training establishments to address the shortages in core skills by the targeted use of scholarships. Replacing the dead hand of government The New Party will provide a low tax, lightly regulated economy that will allow enterprise to flourish and control public sector expenditure. Our education proposals will ensure better skills and the qualifications that the country needs. We will create more free trade agreements and help businesses to compete in international markets. Above all, we shall replace the dead hand of government with freedom and personal choice. Up \| Next »
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