George Osborne Skewered By Kay Burley On Deficit Failure

Kay Burley had George Osborne on the spot today on the key policy failure of this government, in a way that other heavyweight interviewers like Evan Davies and Robert Peston failed to achieve. She asked: is the UK deficit higher than Greece’s deficit? Kay challenged him to give a yes or no answer, he kept trying to misdirect her and waffle. When he refused to answer she asserted that the answer was yes. Osborne stuttered and looked badly flummoxed. Then he claimed untruthfully that the Greek deficit is ballooning. It isn’t, the Greek deficit is lower than the UK’s deficit and the IMF forecasts they will be in surplus before the UK.

According to IMF data last year the Greek deficit (-2.4%) was lower than the UK deficit (-5.7%), it will be lower this year at -0.78% versus -4.78% and they are due to be in surplus next year – before the UK. Osborne has failed to meet his own deficit targets because he put off the hard decisions and switched to neo-Keynesianism whilst spinning austerity rhetoric. Lying about Greece doesn’t help his case…




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

Quote of the Day

Len McCluskey speaks from the Corbynista alternative universe:

“To the whingers and whiners who say we didn’t win, I say this. We did win.”

Sponsors

Guidogram: Sign up

Subscribe to the most succinct 7 days a week daily email read by thousands of Westminster insiders.
Labour to Ignore Brexit at Conference Labour to Ignore Brexit at Conference
“Brexit is Racist” March Kicks Off Labour Conference “Brexit is Racist” March Kicks Off Labour Conference
Hammond Overspending by Just £10 Million an Hour Hammond Overspending by Just £10 Million an Hour
Momentum Soft Smut Snapper Rejected as Labour Candidate Momentum Soft Smut Snapper Rejected as Labour Candidate
All Smiles After Cabinet All Smiles After Cabinet
Who’s The Eye’s Telegraph Mole? Who’s The Eye’s Telegraph Mole?
UK Green Lobby Funded by Anti-Immigrant Multi-Millionaire UK Green Lobby Funded by Anti-Immigrant Multi-Millionaire
Tory Glasto Hosted by Multi-Millionaire Gambling Magnate Tory Glasto Hosted by Multi-Millionaire Gambling Magnate
Hammond and Treasury “On Manoeuvres” Against Brexit Hammond and Treasury “On Manoeuvres” Against Brexit
Osborne Lands Job Number Seven Osborne Lands Job Number Seven
Civil Service ‘Not Really Preparing’ For No Deal Civil Service ‘Not Really Preparing’ For No Deal
Osborne’s Latest Duff Analysis Osborne’s Latest Duff Analysis
Corbynista Journo Banned from Conference Corbynista Journo Banned from Conference
Sheerman’s Shameless Shilling Sheerman’s Shameless Shilling
Carwyn Jones Picks a Winner Carwyn Jones Picks a Winner
Red Robbins: May’s Brexit Supremo is Soviet Sympathiser Red Robbins: May’s Brexit Supremo is Soviet Sympathiser
Owen Goes Full Brent Owen Goes Full Brent
What Caused Rachel Sylvester’s Volte Face? What Caused Rachel Sylvester’s Volte Face?
Labour Moderates Screwed Labour Moderates Screwed