A guest post by Samuel Miller
Right then. George Osborne’s recent history in the No.2 chair.
Since November last we’ve gone from this: http://www.bbc.co.uk/news/business-34922394
and now as of yesterday, this: http://www.huffingtonpost.co.uk/entry/osborne-budget-stinkers_uk_56e96801e4b03fb88ede7e6b?utm_hp_ref=uk
Just so we are crystal clear, Osborne and ‘his’ OBR missed their target (yet again) and have come back to the ‘bank of the helpless’ to tap those least able for the funds to put a sticking plaster on the UK economy. In fact, and I’m happy to be corrected, but I don’t think Osborne has met a single forecast target since rolling into office in 2010.
This is the real upshot of six years of Conservative government and austerity economics. Catastrophic record of deficit and debt reduction targets missed and not one OBR forecast met, but six years of an ideology where the welfare state (what’s left of it) gets disassembled before the public’s eyes…
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