That itself is an idictment of a generation of policymakers and politics. Voters might be forgiven for thinking they’ve heard all this before. Indeed they have, since George Osborne in 2010.
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Ernie Bevin said he wanted to be at the Ministry of Labour til 1990, ie to set the terms of thinking on industrial relations for a half century. It sometimes feels like Osborne will be Chancellor til 2050, no matter bow many times his vision of politics/political economy fails.
You have to wonder how much more tolerance for it there’s going to be.
If nothing else, politically it was a huge contrast with the politics of optimism at last week’s DNC- instead now we have things are going to get worse before they get better.
this is the nub. While racist riots can't be exused away by economics, austerity tilled the landscape in which it thrives. Prison won't change that. Most people understand that Osbornomics is a choice & along with recent accusations of cronyism, it's a seriously bad & democratically corrosive look
Yes but the US economy is growing strongly, factory building at the highest rate for decades etc. what have we got that is a cause for optimism? Pay rises for the public sector and.....?
Front loading a load of pain and attaching it to the last govt may well be an effective short term political strategy, as it was for Osborne. Whether it’s an effective policy remedy is another question.
This is the difference with Osborne. He believed public services not only could but *would* be more efficient with less money. No one in Labour seriously thinks that.
And given Labour also believes that public service improvement is the key to its re-election and smashing populist forces, one would have to imagine there’s deep thinking about how to do it without injections or cash.
But there’s not much evidence of that.
And they’ve had this one for some time. There is a fundamental mismatch between Labour’s diagnosis and prescription. Starmer has long said, as he repeated today, that the country is on its knees, economically, socially etc.
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https://www.independent.co.uk/climate-change/news/george-osborne-accused-of-climatewrecking-budget-after-ps1bn-tax-breaks-for-oil-and-gas-industry-a6935601.html
If nothing else, politically it was a huge contrast with the politics of optimism at last week’s DNC- instead now we have things are going to get worse before they get better.
Nothing like the Tories.
Osborne is the rock-solid Galaxy Class case that disproves it.
But there’s not much evidence of that.
Which leads us to Lab’s other problem…