Why did Alan Budd go?

Posted on

Sir Alan Budd has quit the Office for Budget Responsibility and left George Osborne’s Treasury in a shambles.

First David Laws. Now Sir Alan. Watch out Danny Alexander —= it can’t be long.

But there will be a difference in each case. Laws want because he was unethical. Alexander will go because he’s clueless. Budd? He’s gone because, I suggest, he just couldn’t face the disaster he’s seeing unfolding before his eyes.

You only need an iota of economic understanding to realise what Osborne is doing ahs no economic justification at all, is pure, nasty social engineering and is intended to crush most in society for a generation to come.

Budd has an iota of economic understanding. And he’s gone.

Was he pushed? I can’t for one minute imagine it.

So he went — because he did not believe the unemployment figures? Because he believed Osborne is pursuing an agenda that makes no sense? Because he believes cuts won’t work? All three? I don’t know yet. But I suspect the last.

The shambles is developing faster than I ever expected.


Thanks for reading this post.
You can share this post on social media of your choice by clicking these icons:

You can subscribe to this blog's daily email here.

And if you would like to support this blog you can, here:

  • Richard Murphy

    Read more about me

  • Support This Site

    If you like what I do please support me on Ko-fi using credit or debit card or PayPal

  • Taxing wealth report 2024

  • Newsletter signup

    Get a daily email of my blog posts.

    Please wait...

    Thank you for sign up!

  • Podcast

  • Follow me

    LinkedIn

    LinkedIn

    Mastodon

    @RichardJMurphy

    Twitter

    @RichardJMurphy

    Instagram

    @RichardJMurphy