I am no fan of the rating agencies. But George Osborne
is. And another Triple A rating is gone. Therefore, Osborne and the Coalition
ought to be gone, too.
Osborne picked this ground. And he has lost on it. Proving not once, but
twice, that he is unfit for office. He is only kept on because there is
no one else. A recurring theme in this Government, all the way up to
the very top of it.
The fact that Osborne has not been sacked proves conclusively that the
Conservative Party has no one capable of being Chancellor of the
Exchequer.
Nor, lest we forget, is he called "Junk George" purely because he is rapidly leading this country towards a junk credit rating.
Osborne is only kept on because there is no one else?
ReplyDeleteWere you being serious?
The Tory Party has five-star economic minds, like John Redwood, languishing on the backbenches.
There are far better people than him in the Tory Party-he's kept there because he does whatever Cameron wants.
If it makes you feel better to believe that. Mercifully, we shall never find out.
ReplyDeleteRedwood is not an economist any more than Osborne is. He is, or was when he was academically active, a far better historian.
Redwood is one of the finest economic minds in Parliament-how many Labour MP's have his business achievements behind them, or are Fellows at All Souls?
ReplyDeleteHis Fellowship was in History, and business is not same thing as Economics.
ReplyDeleteIt means you've worked and succeeded in the real world-and know how to create jobs and make money.
ReplyDeleteWhich, of course, disqualifies the entire Labour front bench-so I can perfectly understand why you don't want that to be the criteria.
Oh, anyone who has read his prophetic 1990's pamphlets on the euro or indeed any of his books will be well aware of his economic knowledge.
He's been right in each and every one of his predictions (and his resignations)-had his ideas ever been adopted by the Tory Party, we'd never be in the mess we are in now.
Osborne, on the other hand, has no achievements behind him, and is as clueless on economics as Labour.
Bless.
ReplyDeleteAnd Redwood's CV runs: schoolboy, Oxford undergraduate, Fellow of All Souls, Head of Margaret Thatcher's Policy Unit, MP for a safe seat. In only one, possibly two, of those can he have created any jobs, and not very many even then.