After trashing the gilt market, the job market, the pound and now retail sales, Reeves is still limping on, insisting her critics “won’t get me down”. Instead, she hilariously compared herself to Margaret Thatcher…
Speaking on the BBC’s Political Thinking podcast, Reeves declared she’s happy to be called the “Iron Lady,” heaping praise on Thatcher for “taking what she thought were the right decisions” and “taking on her critics,” explaining that she’s doing the same. Clearly she skipped a few chapters in the history books…
Meanwhile in her bid to show just how ‘frugal’ she is in government, she proudly revealed she brings packed lunches to the office—saving leftover pastries from breakfast. Shame she’s not as careful with taxpayers’ money…
Andy Haldane, Burnham’s recent adviser on the economy who has not taken up a No10 job, told Andrew Marr on LBC:
“The market now suspects that this is a traditional tax-and-spend socialist government with better TikTok videos…
imposing windfall taxes on oil & gas or on banks or upping capital gains tax would […] repeat the mistake that Rachel made […] The Achilles heel, the fiscal Achilles heel of this government thus far has been its unwillingness and/or inability to cut public spending.”