Report to the People
11th August 2003

It’s the Economy, Stupid

As everyone who’s read it (mainly chronic insomniacs, political anoraks and television viewers who couldn’t face the prospect of watching another pointless pre-season friendly) knows, the Scottish Executive’s programme for the next four years opens with a declaration that economic growth is its number one priority.

As statements of the blindingly obvious go, this is up there with the best.  More than a decade before Bill Clinton’s 1992 campaign team coined the phrase, those of us living through the dark days of economic meltdown and mass unemployment knew that top of the political agenda must always be “the economy, stupid.”

Any government, if it wants to implement its policies, needs a strong economy.  Without that, without businesses being established and expanded, without people having jobs and money to spend, it’ll soon see its coffers empty and its fine plans out the window.

We are, of course, no where near that stage today.  Inflation and interest rates are low.  Youth unemployment, which threw a generation of young people onto the scrapheap, is now almost unheard of.

That, though, doesn’t mean we can be complacent.  The recent figures on economic growth make uncomfortable reading.  And communities like ours still have more people than average without work and an economic base which is too narrow to be stable.

But, to be fair to the Executive’s programme, it says a lot more than just “economic growth is important.”  It, as you would expect, commits the governing coalition to a range of policies aimed at delivering it.

The Executive undertakes, for example, to regenerate communities which suffer from persistently high levels of unemployment.  Measures to expand home-grown ideas and businesses are also promised, as is a new Business Start Up Fund.  And, through Scottish Development International, more inward investment will be sought.

Welcome moves, indeed.  But what will it all mean for us in practice?

This is exactly what a series of parliamentary questions I have tabled to Enterprise Minister, Jim Wallace, asks.  How will these laudable policies (such as making sure “that the benefits of economic growth are shared by all of Scotland's communities”) be put into effect?  When can we expect them? And, more to the point, what will they mean for the Inverclyde economy?

I suspect the answer to the last of these questions depends much on the answers to the first two.  So I can assure you that I will be paying close attention as these measures are worked out, arguing at every stage that they must be capable of delivering real reform for areas like Inverclyde.

Back to Current Reports to the People

 

[ HOME ] [ News ] [ Report to the People ] [ Interact ] [ Links ] [ E-Mail ]

[ Copyright ] [ UK Online ] [ Scottish Parliament ]

Previous Page