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  Tom I am very consistent in my critique of the economy. Just because in one answer I did not go through all the many contributing factors to the present problem does not mean the other factors are suddenly forgotten. Neither have I blamed deregulation as such, I have blamed 'changes to the regulatory system' making reference to the tri-partied system introduced in 1997 that let the banks off the hook, clouded reporting lines of control and reduced oversight.
  
  I have suggested a range of policies that are needed to help economic growth that includes a reduction in the top rate preferably to 40p or even less. The reduction to 45p does not take effect until next year incidentally and remains above the optimum top level, specially when the real rate is 47p. All of this is against a background of the Euro crisis impacting on 40% of our exports, a crisis that makes it even more important to get to grips with the domestic economy in the way I have consistently suggested.

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