Osborne’s Own Embarrassing Fiscal Charter U-Turn

John McDonnell isn’t the only Shadow Chancellor who has u-turned over a fiscal charter. In January 2010 the then Shadow Chancellor George Osborne mocked Alistair Darling’s “vacuous and irrelevant” Fiscal Responsibility Bill. Labour could have stopped Osborne in his tracks if they had quoted his own words back to him yesterday.

Here’s what the man who has overseen a doubling of the national debt in 5 years said:

“Fiscal responsiblity acts are instruments of the fiscally irresponsible to con the public… We have to debate this vacuous and irrelevant legislation before us, but it begs the question: why did the Chancellor feel the compelling need to introduce it? Why is he the first Chancellor in our history that feels he needs an act of parliament on top of a budget statement? There are only two explanations. Either he doesn’t trust himself to secure sound public finances, or he knows the public doesn’t trust him to secure them.”

Maybe, based on his own record, Osborne just doesn’t trust himself? “Embarrassing, embarrassing, embarrassing, embarrassing,” to coin a phrase…

*Newsnight want us to acknowledge they got the video first.




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

Quote of the Day

Corbynista media cheerleader Aaron Bastani says his friend Clive Lewis’s “b*tch” comment was:

“beneath any parliamentarian”

Sponsors

Guidogram: Sign up

Subscribe to the most succinct 7 days a week daily email read by thousands of Westminster insiders.
Watch: Corbyn Condemns Clive Lewis Watch: Corbyn Condemns Clive Lewis
Lewis: “I Apologise Unreservedly” Lewis: “I Apologise Unreservedly”
Clive Lewis: “Get On Your Knees B****” Clive Lewis: “Get On Your Knees B****”
Heads Up: Parliament Tells MPs It’s Too Windy To Inspect Falling Masonry Heads Up: Parliament Tells MPs It’s Too Windy To Inspect Falling Masonry
Corbyn Stands By Disgraced Lavery Corbyn Stands By Disgraced Lavery
Mandelson Lies About Single Market Mandelson Lies About Single Market
Merkel: “Absolutely No Doubt” There Will Be A Deal Merkel: “Absolutely No Doubt” There Will Be A Deal
Sweden Drawing Up Brexit Trade Plans Sweden Drawing Up Brexit Trade Plans
Car Windscreen Smashed Inside Parliament Car Windscreen Smashed Inside Parliament
Russia Today Presenter Fibs With First Word on #BBCDP Russia Today Presenter Fibs With First Word on #BBCDP
Shameless Poetry Shameless Poetry
John Healey: Then and Now John Healey: Then and Now
Linesman MP Has Attended 96% of Votes, Better Record Than SNP MPs Linesman MP Has Attended 96% of Votes, Better Record Than SNP MPs
On The Red Carpet Last Night On The Red Carpet Last Night
Red Sky at Night, Jez’s Delight Red Sky at Night, Jez’s Delight
Arms Folded in Unity Arms Folded in Unity
Cliffe Quits Radicals After 12 Hours Cliffe Quits Radicals After 12 Hours
Davis: Brake Leaked His Own Letter Davis: Brake Leaked His Own Letter
Brake Misleads Bercow About Guido Story Brake Misleads Bercow About Guido Story
Labour Charge Electric Campaign Vehicle in Parliament Labour Charge Electric Campaign Vehicle in Parliament