Posts Tagged ‘George Osborne’

Alternative Autumn statements: continued Tory failure versus Corbynomics

by Michael Burke.

Having spectacularly failed in his stated goal of eliminating the deficit in the last parliament, George Osborne is repeating his experiment in this one. Both the June 2010 and 2015 Budgets proposed ‘fiscal tightening’ of £37 billion. In the first of these Budgets the main method was cuts in public spending. In the second it […]

Only Corbynomics can reverse the economic slowdown

by Michael Burke.

The British economy is slowing down. In the 3rd quarter of 2015 the economy had expanded by just 2.3% from the same period in 2014. This measure removes the volatility of erratic quarter to quarter movements in GDP. The most rapid pace of growth in this recovery has been the 3.1% recorded in the 2nd […]

The Tories’ tax credit cut will cause problems for them in 2020

by Phil Burton-Cartledge.

It’s proven to be the closest shave of Dave’s second term and would have thrown the government into chaos had the ayes won it. Tonight’s vote in the Commons, brought before the House by Labour, saw the noes (i.e. keep the cuts to working tax credits) win by 317 to 295 – a tiny sliver […]

An Osborne Supremacy?

by James Elliott.

“The best things are when you get your opponents to end up agreeing with you because then you’ve really won the argument. When you finally agree – that’s when it’s going to last, that’s when you’ve won’.” It is statements such as that which have earned George Osborne so many plaudits in the press recently, […]

What is behind Osborne’s move to the centre-ground?

by Phil Burton-Cartledge.

Is the loss of Lord Adonis from the Labour side of the Lords really a coup for George Osborne? Not really. A tsunami failed to erupt from the impact point in the cross benches, sweeping away the shiny new works of our equally shiny new leadership. The political damage is limited because he’s not terribly […]

How Labour should deal with the Fiscal Responsibility Act

by Michael Burke.

Jeremy Corbyn and John McDonnell are frequently in advance of many of their supporters on economic matters, including their supporters in academia and economic commentators. They are correct to argue against permanent budget deficits and in favour of the central role of public investment as the path out of the crisis, identify People’s Quantitative Easing […]

Osborne stirs up more shit in which to bury himself in

by Michael Meacher.

Quietly and surreptitiously Osborne is marking out his pitch for the leadership. The trouble is, it’s thoroughly bad pitch. By denigrating opponents of privatisation he has set his face against the 70% of the population who earnestly want rail re-nationalised, a proportion so large that it must include nearly half who’re Tories. Osborne must assume […]

Osborne is beginning to make some serious mistakes

by Michael Meacher.

Osborne has always had an overweening arrogance as he plots his path to the premiership before 2020. But his calculation is beginning to desert him. It is extraordinary that he has spent a week sucking up to China, accompanied by six ministers in his retinue, when everyone else is fleeing the country as being in […]

One of Jez’s first tasks must be to frame his project, and to de-frame Osborne’s

by Michael Meacher.

If there is one single reason why Labour lost the election, it’s that Osborne realised the critical importance of framing his project in a way that made it acceptable in the eyes of a majority of the electorate. The fact that it was a string of lies didn’t matter as long as people believed it. […]

Just what is Cameron for?

by Michael Meacher.

Watching Osborne yesterday on the Andrew Marr show answering questions on whether Britain should bomb Syria and other foreign policy matters, one did wonder where exactly Cameron fitted. Increasingly Osborne, arguably the most formidable politician in the House at the moment, has already assumed the premiership he has coveted for so long. All the detailed policy-making […]

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