Conservatives are in many ways better placed to cut poverty than Labour. If you are keen to let more people succeed, to build businesses and create jobs, you will do more to eliminate poverty than if you want to tax enterprise into submission. If you believe in competitive markets, you offer people more choice of good value goods to boost their living standards, and more opportunity of employment.
The Conservative assault on poverty revolves around helping equip everyone to have a job, and creating the economic conditions where more jobs are created for them.
It is also based on the idea of wider ownership. One of the big divides in our society is between those who own their own home and those who do not. Helping more people to own their own home brings to more people the wealth effect of home ownership. In old age there will be no rent to pay. There is an asset to support them should they need to go into a nursing home, or an asset to pass onto their children.
Ensuring more people have pension and other savings will also erode the them and us culture that divides our society into those who have some financial wealth and those who have none.
The Autumn Statement needs to allow more people to succeed and enterprise to flourish. It needs to lift spirits, not threaten more taxes and controls. I will write again today when we have seen the details.