Posts Tagged ‘Budget 2015’

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 […]

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 […]

What can we expect from renewed austerity?

by Michael Burke.

The new Tory government will renew its austerity offensive shortly with the publication of an ‘emergency Budget’ on July 8. It is simple to demonstrate that the previous austerity programme caused the economy to grind to a halt (and with it the improvement in government finances). Supporters of austerity like to claim that austerity led […]

Austerity and economic failure to continue

by Michael Burke.

The Tory election campaign is based on the claimed success of the government’s economic policy, as the hype around the latest budget confirms. In reality the Tories’ economic record has been unprecedentedly poor. Their economic policy is not primarily aimed at increasing growth or prosperity but rather at effecting a fundamental change in the economy […]

If you are going to tell porkies, tell big ones

by Dave Watson.

If you are going to tell porkies, tell big ones. That seemed to be the Chancellor’s strategy in yesterday’s budget. It was as if the past five years didn’t happen. The worst fall in real earnings in recorded history a total fall of 7.9% and even this is on the basis of the lower CPI […]

Osborne’s claim of a let-up in austerity in next 5 years is a lie

by Michael Meacher.

George Osborne didn’t deliver a budget yesterday. He delivered a party political broadcast on behalf of the Tory party in which analysis of the macroeconomic state of the economy, which is the real purpose of budget statements, was almost totally absent. Osborne’s speech yesterday had two aims. One was to give the impression that the […]

George Osborne’s core vote budget

by Phil Burton-Cartledge.

I don’t know where this idea originates from but apparently, at least in Conservative Party circles, George Osborne is considered something of a political genius. Then again, among his people, Michael Gove is thought of as an “intellectual”. So we’re talking a very low bar here. Yet wanting to see the best in everyone, I’ve patiently […]

Osborne’s budget giveaway for pensioners: never have so many lambs been so ripe for fleecing

by Michael Meacher.

We are now being presented with yet another almost unbelievable example of how ruthless the Tories are prepared to be in their own interest at the expense of the gullible and vulnerable. Already last year Osborne ruled that 320,000 savers a year with ‘defined contribution’ pensions would no longer have to buy an annuity – […]

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