Category: “Economy

‘Bunch of twats’ – a fitting slogan for Tories on NHS reform

Posted on 30 January 2011 | 11:01am

Ed Miliband will know well enough not to put too much faith in this morning’s poll showing Labour 11 points ahead of the Tories. Better to be ahead than behind, but at this stage of the Parliament it is as much about bad things the Tories are doing – where do I start? – as […]

The warnings Cameron and Osborne ignored – Paul Krugman 21/10/10

Posted on 27 January 2011 | 9:01am

An article by award winning economist Paul Krugman in the New York Times. British Fashion Victims By PAUL KRUGMAN Published: October 21, 2010 In the spring of 2010, fiscal austerity became fashionable. I use the term advisedly: the sudden consensus among Very Serious People that everyone must balance budgets now now now wasn’t based on […]

Mervyn King treading too close to political lines

Posted on 26 January 2011 | 10:01am

Bank of England Governor Mervyn King is straying perilously close to political territory these days. It is one thing to make statements aimed at helping the Bank fulfil its remit of meeting an inflation target – something it is currently failing to do. It is quite another to chime in behind the Tory government’s ‘no […]

On bombs, no-growth strategy, sexist Sky commentators, Murdoch and phones, evil Mail

Posted on 25 January 2011 | 8:01am

Just as politicians say that terrorist attacks won’t change the way we go about our business – they do – so the media will always allow a major bombing to shift its agenda. That is not a criticism. An outrage of the kind we saw in Moscow yesterday is clearly genuinely newsworthy, and a reminder […]

The Ed-Ed dynamic now key to Labour success; and how George Osborne is sleeping less easily

Posted on 21 January 2011 | 9:01am

Ed Miliband made much during the Labour leadership election of saying we had to ‘learn the lessons’ of why we lost power. Correct. However, we must also learn the lessons of why we won power, and won three general elections, among them the understanding that most people live their lives on or close to the […]

Inflation rise not all Tories’ fault – but VAT rise is

Posted on 19 January 2011 | 10:01am

If a Labour government were still in power, and a shock inflation rise was announced, doubtless the current ‘all Labour’s fault’ mantra from the Tories would be heard. Labour people being more reasonable, we accept that some of the factors lying behind yesterday’s rise to 3.7 per cent are beyond government total control; soaring oil […]

By-election coverage still showing gap between media and public mood on governing parties

Posted on 14 January 2011 | 9:01am

Ladies and gentlemen, at the risk of appearing arrogant and boastful about my own considerable skills and experience in political strategy, may I take you back to my blog of January 2, headlined Both governing parties deserve to be punished for Tory by-election pull-out. ‘I know that we are into a new and different sort […]

Davos should send fact-finding mission to Nottingham to end women drought

Posted on 13 January 2011 | 9:01am

I’ve only been to Davos once, with the then PM TB, and can’t say I enjoyed it much. All a bit ‘look how important I am, I’m at Davos,’ and all a bit gigantic cocktail party full of people looking over shoulders to see if anyone more important is looming in the middle distance. Even […]

Bankers get away with it – and Clegg says the coalition is working too well

Posted on 12 January 2011 | 8:01am

Nick Clegg talked the other day of how the bankers are living in a ‘parallel universe’ if they think they can get away with massive bonuses. Now, as the bankers prepare to get away with massive bonuses, it is Mr Clegg who appears to be living in a parallel universe when he says ‘Don’t forget […]

Clegg’s weakness means banks can stick up two fingers yet again

Posted on 8 January 2011 | 10:01am

I fear even more literals than yesterday as today it is my desktop that is giving me Internet accesss grief so I am using the iPad again, complete with tippytappy touch typing on slidey screen, and inability to read over when done. First, a plug for a superb piece on journalism by John Lloyd in […]