No Deal Despite Gordon Ducking PMQs

No wonder Gordon was so keen to stay in Northern Ireland today, he knew he was due a battering over banking at PMQs and poor Harman had to take the flak. Surprise, surprise that within an hour of PMQs finishing, the BBC gets tipped that Brown will be returning to the mainland today, before any deal has been reached.  So what was the point of him staying another night?

In a last deluded bid to exert influence on the world stage Gordon has once again been sounding off about the deluded global  Tobin tax. Melvyn King put the boot in yesterday: “I don’t know anyone on the international circuit who’s enthusiastic about it … Of all the measures being considered, the Tobin tax is probably at the bottom of the list.” Gordon would have known that this was going to be raised at PMQs today and forced Harriet to take a bullet for him. Once a coward…

By cowering across the water Gordon has even let the Tories gain ground on him and his relationship with his beloved Obama. Hague was able to ally the Tories with Obama’s ideas for banking reform and slam the government’s notion that people would actual listen to anything Brown suggests anymore. Harriet was poorly briefed and floundered, Gordon must be wondering if, had he fought, he would have been able to defend himself better. If only he had a little courage.

PMQs Live : Batty Hatty v Billy

[orderorder-live-event altcast_code=”7acd537f79″ height=”600″ width=”480″]

PMQs : Chaytor is Third on the Question List

Disgraced mega-troughing MP David Chaytor is down for the third question on the order paper for this mornings Hague and Hattie show.  Guido wonders what his question will be about:

  • Crime?
  • Housing?
  • The family?
  • Mortgage rates?
  • Sentencing policy?
  • Prison building?

Or just another planted question from a disgrace to parliament?

Brown is staying in Belfast where apparently he can’t be spared from negotiations. Nothing to do with the disappointing GDP figures yesterday. He can’t run away from the election…

Dead Cat Bouncing into Double Dip?

Yesterday’s GDP disappointment makes the case for a tax cutting Emergency Growth Budget even stronger.  Policy Makers have got to go for growth, you can’t tax your way to prosperity.  Or else the cat gets it…

Graphic : Taxloss via Alphaville



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Quote of the Day

John Curtice on fiscal policy:

“Attitudes to taxation and spending are basically counter-cyclical. If a government comes in and tries to reduce spending and taxation, after a while people will get worried about the state of public services. If a government increases taxation and public spending, after a while they’ll get concerned about increasing taxation…. In as much as there are lots of ideologues out there who think the state should be this proportion of GDP, they’re all wrong. Because the public’s view is counter-cyclical to the recent experience. It’s basically impossible to satisfy the public.”

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