Thursday, February 25, 2010

Osborne and the Economy

It's a bit rich for the Shadow Chancellor to make warning comparisons with Ireland when he once gushed about Ireland being an economic miracle!
No wonder the City think badly of him and to think that he might be Chancellor in a few weeks time!

3 comments:

Anonymous said...

Well - yes - things were once great economically in Ireland but not there in a similar situation to us.

Man in a Shed said...

Britain was an Economic miracle in 1997 - now look at us !

The Irish at least have the guts to face up to their problems.

Frankly the nearest to complete honesty I've seen has been Alistair Darlings forecast of things being the worse for 60 years ( which got the Forces of Hell unleashed against him ) and Nick Clegg brief moment of honesty as the Lib Dem conference when he called the coming cuts "Savage". (Still looking for it being quoted in local Lib Dem leaflets though. )

Osborne has at least started to square with the public, but no where near enough.

The city will just leave if Labour's mindless Tobin Tax is and self destructive 50p tax rate are implemented/left in place - and we will lose the only wealth creating we have left ( as manufacturing has decline the most it *ever* has under New Labour ).

I despair of the inbuilt deceit of our politics lying to the voters of this country about the true nature of the utter disaster we are facing.

This form of dishonest strikes at the foundations of our democracy.

You can't have a functioning democracy when lies are the common currency of politics.

Man in a Shed said...

I just saw this from the Independent about Business' preference between Darling and Osborne.

The question you need to ask yourself is - what if there's no recovery ? How does running up debt help then ? ( The answer is it makes thing far worse - as the Japanese have spent ten years finding out. )