Tag Archives: George Osborne

Hutton dressed as …

Will Hutton of the Observer and the Work Foundation has spoken, today, in that once great newspaper which I now wouldn’t put chips in. As usual, it adds up to little more than noise and confusion. He says of the upcoming “emergency budget” that “there is no logic to the brutish cuts that (Chancellor) George Osborne is proposing”. Is this the same Will Hutton who has accepted the Coalition shilling to chair their inquiry into (cutting) public sector pay? I take from that any cuts proposed by Mr Hutton’s pay inquiry will have logic and not be brutish. They will no doubt be “progressive”. That’s alright then…

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Progressive insanity

I do wish the Government would stop trying to make our flesh crawl with all this panic around the deficit.

The angst they’re emitting is stirring no-one except the ratings agencies – and not in a good way. They need to calm down and think before emoting – unless the point of it all is not to deal with the problem so much as to rubbish their predecessors.

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Cutting remarks

As I write the markets are up to no good again. The FTSE’s down almost 3 per cent on the day and my pitiful pension pot looks more feeble by the hour. The banks are going backwards – or downwards – again and the recovery’s going south. I wonder if we are indeed in a double dip recession?

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