Jeremy Hunt

Here's an interesting thing, right?

As you well know, since 2008, the financial crisis, we've been growing at about 1% a year.

Prior to that, about 2.5% a year.

If you go into ChatGBT and you say, if you grow at 2.5% a year using the power of compounding, how long does it take for our GDP to double?

Answer, 28 years.

So the world that the three of us grew up in, the country was doubling in wealth every 28 years, basically every generation.

Doubling in income, I'm going to... Doubling in income, fair point.

But, you know, the truth is that...

However difficult things felt on the ground in the 1980s and 1990s and early 2000s, people had optimism and confidence that they were going to be wealthier than their parents and a lot wealthier than their grandparents.

Now growth is 1%.

And that means it's taking 70 years.

It's so slow, you don't even notice it.

And that's why people are losing hope.

And what this book is trying to do, as you know, my books are positive books that are trying to present solutions.

And I'm trying to say this is a totally solvable problem.

Not easy, but it is solvable.

And this is how we give people hope.

Well, it hasn't only dawned on me now.

And I think that the book shows that there are lots of things that I tried to do.

But I've also tried to be honest and talk about the things that I didn't do that with the benefit of hindsight I wish I had.