Darling's budget was devoid of any serious way of suggesting how the dire situation will be addressed over the next 5 or 6 years, other than to say that economic growth will miraculously recover over the next two years.
But it probably achieved its political purpose.
1) Vote for us for we are reassuring, recovery this year end, growth next and 3.5 growth the year after. We are not asking for any sacrifice - O.K. fuel and rink prices will rise a penny or two, but unless you earn more than £150,000 there will be little pain.
It's the snake-oil salesman.
2) If it doesn't work, and we don't get elected, then the mess will be for the Tories to sort out.
3) G.Brown has achieved the ambition of punitive taxation for the very rich, and the left will be happy, so generally the Labour Party will be least affected.
Wednesday, 22 April 2009
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