[George Osborne] set out the five components of his long-term economic plan to build a stronger, more competitive, economy to secure a better future for hard-working families and future generations by:
â€ªcutting the deficit
â€ªreducing taxes for hardworking people
â€ªcreating more jobs by backing business
â€ªcapping immigration and welfare
â€ªdelivering the best schools and skills
He calls that a plan?
A plan says:
- how we cut the deficit
- how tax cuts are funded, and who hardworking people are (and are not)
- what backing business means and how it delivers new jobs
- what the economic consequences of cutting immigration and social security are
- how schools and skills will be delivered and at what cost
But there is none of that - I read the speech to check. There's just rhetoric.
Make that George's 6th failure of the day.
Now will Labour offer a real plan instead?