Guido’s Advice to Alan Johnson

Alan Johnson has been very self deprecating about his economic knowledge, promising to get a text-book to brush up. He faces George Osborne at the Dispatch box for the first time today.

In truth to be Shadow Chancellor does not require a knowledge of neo-classical endogenous growth theory. He needs to just pick a few issues with which to harry the government. Guido checked Alan Johnson’s website to discover a flavour of his approach to economics. Unfortunately he doesn’t appear to have one. All Guido could find under the “business and economy” heading was a press release about the PBR dating back to December 2009.

Since Alan seems devoid of his own ideas, perhaps he could borrow some ideas from his fellow progressive Barack Obama? Obama is giving individuals a progressive tax break this year of 6.2% of earned income up to $400 for individuals and up to $800 for couples, phased out at an income of $75,000. Obama is also giving parents a $1,000 tax break per child (in France it is €5,000) that would please the squeezed middle-classes.

Barack Obama says that the the one thing you don’t do in a recession is raise personal taxes, taking money out of the economy. Alan Johnson should stand foursquare against Osborne’s VAT hike. The Coalition has no mandate for it, in fact half of them campaigned against it. If the economy double dips next year as a result of consumer spending being crushed, Johnson needs to position himself to be able to pin the blame on Osborne’s VAT hike…



Tip offs: 0709 284 0531
team@Order-order.com

GuidoFawkes Quote of the Day

Adam Boulton says David Cameron campaigned as a neo-Thatcherite…

“The manifesto programme, with its sell-off of social housing, clampdown on public sector strikes, EU in/out referendum and benefit cuts, represents a much more traditional, neo-Thatcherite conservatism than that offered by Cameron Mk 1…”

Top Posts This Week

Guidogram: Sign up

Subscribe to the most succinct 7 days a week daily email read by thousands of Westminster insiders.

Facebook

Arise, Sir Eric! Arise, Sir Eric!
ENERGY MINISTER TOTTY WATCH CONTINUED ENERGY MINISTER TOTTY WATCH CONTINUED
Stella Grills Dimbleby on Sexuality Stella Grills Dimbleby on Sexuality
New Select Committee Chair Allocation in Full New Select Committee Chair Allocation in Full
Miliband: Don’t Move to the Centre Miliband: Don’t Move to the Centre
Insta-Bunga! Insta-Bunga!

GREEN PAEDO RING RUMBLED GREEN PAEDO RING RUMBLED
BIONIC MAN CONTROLS TWO ROBOTIC ARMS WITH HIS MIND BIONIC MAN CONTROLS TWO ROBOTIC ARMS WITH HIS MIND
TECH NOSTALGIA: LYCOS SELLS ITS PATENTS TECH NOSTALGIA: LYCOS SELLS ITS PATENTS
BIN LADEN PLANNED JIHAD ON CLIMATE CHANGE BIN LADEN PLANNED JIHAD ON CLIMATE CHANGE
CAMERON’S UBER PALS SQUARE UP AGAINST BORIS CAMERON’S UBER PALS SQUARE UP AGAINST BORIS
Andy Burnham: “I Would Follow David Moyes Textbook” in Office Andy Burnham: “I Would Follow David Moyes Textbook” in Office
BBC CLIMATE FORECAST THREE YEARS OUT OF DATE BBC CLIMATE FORECAST THREE YEARS OUT OF DATE
UKIP Latest: Suzanne Speaks UKIP Latest: Suzanne Speaks
24 Hour Drinking: “The Best Thing the Labour Party Ever Did” 24 Hour Drinking: “The Best Thing the Labour Party Ever Did”
Fight! UKIP’s Steven Woolfe v Jean-Marine Le Pen Fight! UKIP’s Steven Woolfe v Jean-Marine Le Pen
Hilton’s Hipsters & High Tories Hilton’s Hipsters & High Tories
Tech City Chair Runner and Riders Tech City Chair Runner and Riders
SHIELDS SHUFFLED UPSTAIRS AS NEW INTERNET SAFETY MINISTER SHIELDS SHUFFLED UPSTAIRS AS NEW INTERNET SAFETY MINISTER