Posts Tagged ‘George Osborne’

Rotten Tory ideology is laid bare by crisis in steel

by Michael Burke.

In order to defeat Osbornomics it is necessary to understand it. A central tenet is that the private sector is the key to prosperity and that therefore everything possible should be done to promote and encourage it. The state should shrink in order to release the inherent dynamism of the private sector. The argument runs […]

Is George Osborne finished?

by Phil Burton-Cartledge.

They seek him here, they seek him there. Those lobby hacks seek him everywhere. Is he in heaven or is he in hell? That damned elusive … Chancellor of the Exchequer. Okay, so my reworked rhyme lifted from the Scarlet Pimpernel doesn’t work. But neither do Osborne’s sums, so all is balanced in the world. […]

Mr Osborne’s untruth: the chart that shames the Treasury

by Jeremy Smith.

There was much to disagree with in George Osborne’s Budget announced on Wednesday, in particular the increasingly foolish and damaging target to achieve an overall budget surplus of over £10 billion in 2019/20 and 2020/21 via further spending cuts.  But one specific claim made by the Chancellor in his speech to the House of Commons […]

The crisis remains an investment crisis

by Michael Burke.

Prior to the recent G20 meeting leading international economic bodies such as the IMF and the OECD made tentative calls for increased investment, although this was often confused with increased spending. This is a belated or partial recognition of the real source of the crisis in the advanced industrialised countries. In terms of actual changes […]

No hiding place for Osborne

by Matt Willgress.

As George Osborne gets his excuses in early for the troubles to come, now is the time to expose the failures of ideologically driven austerity, writes Matt Willgress of the Labour Assembly Against Austerity The British mainstream media is now so clearly biased in favour of the ruling party it can sometimes seem as if […]

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 […]

© 2016 Left Futures | Powered by WordPress | theme originated from PrimePress by Ravi Varma