For my part, I sincerely hope the cuts will change our present way of life. The vertical ties to the State have displaced for most of us the horizontal ties to family, community and intermediate institutions. We have been sold a pup, conned, duped and misled into believing this a somehow more superior model. We have given up tapping the natural spring that rises in our own garden in favour of daily deliveries of bottled water from the government truck. Labour's warnings, that without the State water truck we will all die of thirst, are specious; our own spring remains, dormant and a little overgrown, but able to provide still a source of water that makes us independent of the State.
All of us in one way or another have suckled at the State's teat. Not only as Welfare recipients or employees, but as consultants to whom billions each year are paid, as suppliers of goods or services, as constructors and and manufacturers. There will be few of you who don't owe part of your turnover to the tax pot. It's not just the Healthy Walking Co-ordinators that will be hit by the cuts, but the exemplar capitalist hi-tech unit on the University science park making sophisticated medical equipment, with half its sales being to the NHS.
With much reduced public expenditure on construction, my own sector will compete for scarcer work and inefficiencies will be driven out, firms will merge and the luxuries at the margin will disappear.
Labour presided over a giant Ponzi scheme in which they deluded themselves that the public sector was the economy. Hence their belief that reducing tax is to take money out of the economy, rather than to leave it in. Like all Ponzi schemes, it was doomed to failure. So we must export more, become more competitive, look for new domestic business opportunities and, importantly, as more and more decisions about public expenditure will be made locally rather than in Whitehall, we must rediscover that overgrown spring.