It is reported this morning that Jeremy Hunt is planning a £60 billion package of tax increases and spending cuts to be announced on 17 November.
This, of course, may not be true and might be a deliberate Treasury misinformation exercise. But I doubt it.
I could write at length on the folly of this, and the dire outcomes that will result. Or i could share this tweet I posted not long ago:
We are being driven to not just recession but to depression, and all for no reason.
But you can be sure Labour will do nothing to stop it: Starmer and Reeves talk nonsense about how they will save the country by abolishing the domicile rule whilst this is going on in a vain attempt to disguise their own incomprehension on how public spending is really funded and their own dedication to austerity.
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