Sunny Hundal writes:
You don’t hear that phrase being bandied about much any more. I’m almost
starting to miss being called a ‘deficit denier’. Sometimes I was a ‘flat
earther’ – which was funny too. The UK’s AAA downgrade wasn’t just a nail in
the coffin of Osbonomics, it was also a much-needed kick in the groin to those
on the right of the Labour party who thought opposing austerity was political
and economic madness.
The fearless Dan Hodges, the man willing to tell the truth to the
Left (a truth usually also echoed by the Conservatives), was a vigorous soldier
within the pack. He was scathing – ‘Time for Labour’s flat
earthers to get real‘! He was unrelenting – calling Polly Toynbee “High
Priestess of Flat-Earthism” and me “editor of Flat Earth Times“!
How we laughed. You know, those were fun days. All this shouldn’t come
as a surprise – Dan Hodges knows less about economics than Lib Dems do about
managing allegations of sexual harassment. Nowadays he’s reduced to poking a
stick at Nick Clegg.
There were others too. Rob Marchant similarly
criticised me on the grounds that the most likely outcome of
Osbornomics would be a bit of pain and then back to normality. Someone else
also needs to pick up an economics text-book I think. But those two strategy
geniuses weren’t alone of course – others who should know better also
joined in. Let’s not forget Black Labour – who published a pamphlet in 2011
saying Labour should ‘place
fiscal conservatism at the heart of its message‘. How’s that working out
for you guys?
Since Osbornomics has comprehensively blown up, Black Labour have avoided
answering two key questions:
1) why should Labour sign up to the kind of austerity now shown to be
choking off our economic recovery, and keeping millions of people jobless?
2) if you think deficit reduction is important when times are good (agreed,
with caveats), why were you promoting that message at a time when the focus
should have been on growing the economy, not more cuts?
I’ve not seen an answer to either of those questions. That Osborne’s
economic plans have blown up isn’t just a tragedy for this country, it also
undermines George Osborne and those in the Labour party who endorsed his
strategy. I admit, I’ll miss their childish jibes though.
Update: Both Anthony
Painter and Hopi
Sen now claim they haven’t actually called for cuts. Which is bizarre given
Painter’s own
words earlier: “Hard realism is essentially the position outlined in the In The Black Labour paper and variants.
You have to be clear about your fiscal approach in 2015 with rules attached,
specify the cuts you would make in the meantime and beyond as clearly as
possible, and be clear about your priorities in a constrained fiscal
environment.”
One of these days I want to write a short pamphlet and make it so vague that
I can keep claiming others haven’t read it when they point out inconsistencies.
""it was also a much-needed kick in the groin to those on the right of the Labour party who thought opposing austerity was wrong"
ReplyDeleteNo it wasn't-in announcing the downgrade, Moody's rightly pointed out the reasonw as because Britain hasn't reduced its spending by a penny!
It's precisely because there are no cuts (just a charade, for PR purposes...notice Cameron INCREASED foreign aid) that we have lost our rating.
We've followed Hundal's policies to the letter-that's why we are in this mess!
A proper Conservative Government would have got rid of foreign aid, windfarms, most of the quangos, and the lobbyists posing as 'Government-funded charities' e.g Stonewall et.al.
And it would certainly have reduced our preposterous benefits bill which swallows our whole income tax, so that everything else (including the NHS and schools) must come from other taxes!
They'd then have used the savings to cut taxes and cut regulations on small business, thereby transferring money from the unproductive sector of the economy to the wealth-creating sector.
Sunny Hundal and his ilk still don't even get that.
UKIP certainly does.
Then it won't be getting anything else. Such as votes. Or seats.
ReplyDelete"Then it won't be getting anything else. Such as votes. Or seats."
ReplyDeleteThat shows your out of touch with your own party's voter base.
If you look at opinion surveys, you'll find that cutting foreign aid and welfare IS hugely popular, particularly among working-class (i.e Labour) voters!
In fact, they consistently rank as top priorities-second only to cutting immigration.
among working-class (i.e Labour) voters!
ReplyDelete"!", indeed...
Some of my regular readers think that you are spoof. Alas, I don't.