Category Archives: Economy
The myths behind the cuts
George Osborne’s statement in the House of Commons yesterday did not appear to offer many new ideas. Most of it had been leaked or previously discussed in the public domain. There can be no doubt that cutbacks are needed, but … Continue reading
Filed under Austerity, British Politics, Coalition government, Cuts, Economy, George Osborne, Politics
The return of the north-south divide?
A study undertaken by the BBC, presented by Mark Easton on the News that focused on the vulnerability of local areas to cuts raises some interesting questions and confirms our worst fears over the direction that this government plans to take us. … Continue reading
Filed under British Politics, Coalition government, ConDems, Economy, North-south divide, Politics
Boris advocating Balls?
“The consensus around drastic and immediate deficit reduction is in danger of breaking down. That is because one of the key arguments no longer looks as strong as it did. You may remember that during the election and in the … Continue reading
Filed under Boris Johnson, British Politics, Economy, Ed Balls, Politics
‘It’ll be alright on the night’ – Clegg
When the IFS were critical of the Labour government, the Tories where happy to jump on board. Yet now they find themselves at the sharp edge of the IFS sword, suddenly the hugely respected analysis of the IFS becomes “selective”. … Continue reading
Filed under British Politics, Coalition government, Economy, Nick Clegg, Politics
Conservative ideology proving rather flaccid
I was criticised by some (I won’t name names…) previously when I suggested the coalition government underestimated the link between public sector spending and private sector wealth. I have also suggested in the past that taking a sharp sabre so soon … Continue reading
Small minded Osborne
It has become second nature for Cameron, Osborne & Clegg to blame the last government, it is their default argument. However you will not hear them blaming the last government for the economic growth of 1.1% experienced in the last … Continue reading
Filed under British Politics, Economy, George Osborne, Politics
Quote of the day
“There is no intellectual basis for believing that the public sector is crowding out the private sector. In a letter to the Times on 1 January 1938, John Maynard Keynes argued: “Examples abound in all parts of the world where … Continue reading
Filed under British Politics, Budget, Economy, George Osborne, Politics
Why graduate numbers have to decrease with this budget
The leaked Treasury document has been the topic of much heated debate. Arguing over forecasts and predictions may be fruitless. The stakes are high to say the least. In the short term unemployment will certainly rise, it is just a … Continue reading
Poor to pay the price
If you live on the breadline, you might be forgiven for thinking that your luck is always down. In that context, yesterday’s emergency budget was a massive kick in the private parts. Think Tanks and commentators alike have alluded to the … Continue reading
Hero Harriet in ideological duel with Axeman Osborne
The very able performance of Harriet Harman on the dispatch box today leads to me ask why she chose not to stand for the top job. Her response to Axeman Osborne (Gideon to you and me) was succinct, profound, meaningful … Continue reading
