Posts Tagged ‘George Osborne’

We need to stop using the word ‘progressive’

by Max Leak.

The vocabulary of the Labour moderniser is narrow and confusing. To start with there’s the word “moderniser” itself, denoting members of a kind of desperate tribute band to the original mid-nineties New Labour gaggle. “Reform” is another favourite – it’s a polite word for “destruction”, or at the very least wholesale privatisation. Welfare “reform”; public […]

The worst thing about Osborne’s budget isn’t the cuts – it’s their popularity

by James Elliott.

Once George Osborne delivered the first Tory budget since 1996 the British Left predictably took to the internet – and in some cases to the streets – to protest against what was a vicious attack on living standards, the unemployed and disabled people by a government less than a quarter of people voted for and […]

Osborne shows his true colours: in the pocket of the banks

by Michael Meacher.

Osborne’s sacking of Martin Wheatley, head of the Financial Conduct Authority (FCA) says it all. His sin was that he was too tough on the banks. The banks are the most powerful section of the Establishment which runs Britain, and Osborne is one of their chattels who does their bidding when half of the Tories’ […]

Osborne’s budget is not dissimilar to 2010 – it will have the same effects

by Michael Burke.

Most media coverage of the Budget is predictably sycophantic and wrong. An objective assessment is that the amount of fiscal tightening planned in this Budget is exactly the same as outlined in the June 2010 Budget. The June 2010 Budget planned tightening of £40bn, but £3bn of this was the projected fall in interest payments. […]

Blairite triangulation & personality politics paved way for Osborne’s nasty party

by Jon Lansman.

Jeremy Corbyn really doesn’t do personal attacks and nor does his campaign. You can therefore rest assured that the spoof Facebook page promoting Liz Kendall for Conservative Leader has nothing to do with team Corbyn. The Telegraph yesterday claimed it “opens up fresh Labour divisions” based on criticisms of the spoof by Kendall supporting John Woodcock MP. But negative […]

It isn’t a ‘lower tax, higher wage’ economy as Osborne boasts, it’s actually a higher tax, lower wage economy

by Michael Meacher.

One has to give it to Osborne, he’s extremely good at branding whatever he doesn’t like with a clever, pejorative – but false – jingle. ‘The merry-go-round on welfare’, ‘strivers versus shirkers’, ‘Labour left behind this economic mess’ , and ‘austerity’s painful decisions are the only way to cut the deficit’ immediately spring to mind. […]

Osborne’s decadent budget

by Phil Burton-Cartledge.

Let’s scotch a myth that’s been multiplying like typhus in news about the so-called emergency budget. George Osborne is no “political genius”. Take a look at the measures he’s outlined. All of them are imprinted with his partisan political economics designed as traps for the Labour Party. The cut on corporation tax – any attempt to […]

Would a Rachel Reeves budget yesterday have been much different?

by James Elliott.

Ahead of yesterday’s budget, in which George Osborne laid out £12bn of welfare cuts, a continued squeeze on public sector pay, the abolition of student maintenance grants and higher tuition fees, Labour’s ‘opposition’ front benchers went out of their way to agree with Osborne’s narrative of austerity. Still reeling from the General Election, or now […]

Tory budget announces higher tuition fees and the scrapping of maintenance grants

by James Elliott.

George Osborne announced the Tories’ latest attack on higher education in today’s budget, announcing that for some institutions fees will rise in line with inflation, and also that grants will be abolished for the poorest students. Osborne’s budget document states measures will, “include allowing institutions offering high teaching quality to increase their tuition fees in line […]

Pre-budget memo to Osborne: records show austerity won’t cut deficit

by Michael Meacher.

Osborne’s 8 July budget will be forced through in the teeth of all economic experience. The history of the last 70 years demonstrates one conclusion irrefutably: austerity is the wrong way to cut deficits. After the second world war had dramatically drained Britain’s wealth and left the country with colossal debts amounting to 260% of […]

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