Varoufakis Mockingly Praises Osborne’s Faux Austerity

Rock star former Greek finance minister and self confessed “unapologetic Marxist” Yanis Varoufakis used his slot on Question Time last night to compliment George Osborne for not actually implementing austerity.

“I don’t believe that we need an alternative to austerity because austerity is not an option. And indeed, I’m going to give a compliment to George Osborne and to the Tory government, it’s going to create some consternation I think in the Tory party. He hasn’t really practiced austerity, he’s talked about austerity, he did a little bit of it and then it didn’t work. He killed off this nascent recovery after 2009 with the little bit of austerity he did and he stopped, and indeed I can assure you that in discussions I have with good friends of mine in the Tory party, they have been very supportive to us here in Greece and to me personally in our struggle to end austerity in Greece.”

Varoufakis is right, Osborne jacked up welfare spending by £28 billion during his first four years on the job and is still overspending by £2 billion a week. In office Varoufakis, a socialist Greek finance minister, was more of a deficit hawk than the Conservative British Chancellor, Osborne’s austerity is only rhetorical, he is currently running a higher deficit than Greece




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

Quote of the Day

Jeremy Corbyn:

“The blame is with the terrorists, but…”

Sponsors

Guidogram: Sign up

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

Facebook

New Dates for Andrew Neil Interviews New Dates for Andrew Neil Interviews
Tory Lead Down 19 Points During Campaign Tory Lead Down 19 Points During Campaign
Corbyn: Foreign Policy A Cause of Manchester Attack Corbyn: Foreign Policy A Cause of Manchester Attack
Sneering Thornberry Sneering Thornberry
Ministers Wheeled Out to Defend Ditched Care Policy Ministers Wheeled Out to Defend Ditched Care Policy
Watch: Crick Roasts “Weak and Wobbly” May Watch: Crick Roasts “Weak and Wobbly” May
Protester Arrested at May Wrexham Visit Protester Arrested at May Wrexham Visit
Clegg Spinning Brexit Doom Report Clegg Spinning Brexit Doom Report
Sunday Shows Sunday Shows
Read Tory Manifesto In Full Read Tory Manifesto In Full
Green Leaders Cringe Skit Green Leaders Cringe Skit
Never Ending Tory Deficit Reduction Horizon Never Ending Tory Deficit Reduction Horizon
LibDem Collapse Explained LibDem Collapse Explained
Taxpayers’ Alliance Updates Iconic Tory Poster Taxpayers’ Alliance Updates Iconic Tory Poster
Cult of Corbyn Cult of Corbyn
“Labour is Chocolate Gateau: Too Much Makes You Sick” “Labour is Chocolate Gateau: Too Much Makes You Sick”
Labour Election Broadcast Star’s “Tax Efficient” Accounting Labour Election Broadcast Star’s “Tax Efficient” Accounting