Showing posts with label George Osborne. Show all posts
Showing posts with label George Osborne. Show all posts
Thursday, 21 October 2010
Even I understand this
I must confess, although I love politics, I have little knowledge of economics (budgets speeches tend to send me to sleep). However, I had no problem understanding the Spending Review - we've run out of money and all need to cut expenditure (all of us).
Even the Queen faces a 14% cut, although having been on the thrown for almost 60 years, Her Majesty has been through spending cuts before - unlike many of the civil servants currenlty working in government departments.
For the last decade, government departments have seen increased spending and investment every year, and for many who have grown up with that culture, it will be very difficult to change.
The UK we see today has come about as a result of the investment culture, what the UK looks like after a parliament of the cutting culture is anyone's guess.
Thursday, 7 October 2010
Good or bad conference for the PM?

At the start if the conference season, I had thought that, in comparison to Labour and the Liberal Democrats, the Conservative conference would seem rather dull. In fact, it was one of the strangest and most interesting conferences due to it being hijacked by the Chancellor's announcement that child benefit would be cut for families with high incomes (most of whom are Conservative voters). George Osborne apparently announced his plan without talking to the Cabinet, something for which Mr. Osborne used to criticise Gordon Brown.
Many Conservative delegates and MPs were greatly angered at the announcement but an opinion poll suggested that 83% of people support the cut. Although, as most commentators pointed out, about 83% of people aren't affected by the cut and it's easy to support someone else losing money.
David Cameron's speech on Wednesday was good, but not his best. There was a very sweet moment when the Prime Minister talked about Niamh Riley, a six-year-old girl from Salford who sent Mr. Cameron a £1 from the tooth fairy to help with the deficit. Mr. Cameron apparently returned the money with a thankful note advising Miss Riley to 'treat herself'.
To me, it seemed as if the bad headlines were affecting the PM (either that or his newborn had been keeping him up). George Osborne however was unaffected and unapologetic, he knows that there are worse cuts needed and that the government is going to become very unpopular in the next few months.
However, the next general election is a long way away, and the coalition hopes that by the time polling day comes, the economy will have been repaired and the government will get the credit. In the meantime, they will have to suffer through some very bad headlines and a few more hijacked conferences.
Tuesday, 22 June 2010
George Osborne - the most unpopular man in Britain?
Tax rises and public service cuts a two things which tend to make government's unpopular. Today the Chancellor did both. And yet, through carefully explaining how and why these things will be done, maybe George Osborne won't become 'the most unpopular man in the UK'.
The British people aren't stupid and polls show that the public think (in theory) tax rises and public service cuts are inevitable and needed. Though theory and reality are two different things, time will tell how unpopular the new Chancellor will become when the people begin to feel what he announced today.
Subscribe to:
Posts (Atom)