As the FT notes this morning:
The head of Britain’s biggest employers’ group has strongly criticised the government for the “really disappointing” implementation of its growth plan, asking: “Where are the diggers on the ground?”
The comment prompts a number of thoughts.
First it’s a good question.
Second, what this clearly shows is that the CBI think that the government is a wealth creator.
Third, it clearly thinks the government is failing to deliver.
Fourth, if that’s the CBI’s view why does it still believe in austerity?
Fifth, if the CBI are Keynesian now, why isn’t the government falling into line?
Sixth, when the CBI says in future government is a burden on business would they kindly recall their dependency upon it, which dependency I noted yesterday.