March 10th, 2008

Economic Incoherence

The Shadow Chief Secretary to the Treasury, Philip Hammond, gave an off-camera briefing ahead of the Budget yesterday lunchtime. Not quite sure how this squares with Dave’s commitment to the New Politics of openness and transparency or his boss George Osborne’sopen source politics 2.0 which he said would see a Tory government “become more accountable, more transparent and more accessible – and so bridge the growing gap between government and governed.” Having an off camera briefing in the Lobby room seems less than transparent and rather inaccessible to the governed.

Perhaps he has good reason to explain Tory economic policy out of sight, being too timid to put the case for tax relief for the struggling middle classes and reducing state over-spending. The Tories basically accept that because of the dire fiscal position Chancellor Osborne will stick with Gordon Brown’s tax and spending plans. As we tip towards worldwide recession and a global financial crisis the Tories are advocating “tax hikes on alcopops!” and the LibDems “tax cuts for smoothies!” Pathetically unambitious.




Polly’s Voodoo Polling | UK Polling Report
Labour SpAd Backs the Bill | Mark Wallace
Guido Goes for the Lobby | Press Gazette
Argentina has No Claim to the Falklands | George Grant
Why Is Sarah Teather Still in the Government? | Mail
Guido Fawkes “Out Ran Lawyers” | BBC
Ed Wins PMQs in TV Blackout | The Commentator
Sky Twitter Madness | Guardian
The Case for US Support for Israeli Raid on Iran | Niall Ferguson
Liberal Leftovers | Liberal Vision
Bad Week for the Guardian | Harry Cole

Previously Seen


Peter Botting


John Higginson of the Metro explains Quantitative Easing:

“There is £100 and 100 loaves of bread costing £1 each. QE creates another £100. Each loaf now costs £2.”



DisgustedOfMitcham2 says:

Maybe if they really wanted to “decontaminate the Labour brand” with business people, they shouldn’t have totally buggered up the economy?

Just a thought.


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