This year's conference is on the performance of the British economy.
"I'm sure it was the right thing to do for the British economy."
But oil plays a far less important role in the British economy now than it did 10 years ago.
And what, please tell me, will taking 8% out of the British economy do?
He knows about all the grim news on the British economy in recent weeks.
However, the late 1830s and early 1840s saw the British economy slow down.
And just look at what they did to the British economy.
When has he been in control of the British economy?
Of course the British economy has got this difficult journey.
By 1951 about 20% of the British economy had been taken into public ownership.