This Government made huge strides in reforming the taxation system during its first five year term in office. Taxes were cut on enterprise, investment and employment and the economic results are there for all to see. In five years, the lifetime of a single Government, the country moved from mass unemployment to full employment. The number of people at work shot up by almost 400,000 and the number caught in long-term unemployment – the worst of all poverty traps – fell from 90,000 to just 20,000.