Claire Coutinho MP, who was until recently Cheif Secretary to the Treasury but is now at Energy, posted this on Twitter yesterday:
In response, I had this to say:
The Tory claims on debt and Labour's plan to tackle climate change with borrowed funds simply do not stack.
If only Labour believed that was the case it would help.
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That’s the message that will stick with voters, we hear it quite a lot on the doorstep, given a few more months of Tory lies, Labours poll lead will rapidly dwindle to the point where a win for them at a GE or even a hung parliament is a very close call IMHO.
I’m not hopeful at all that we have seen the back of the Tories.
Yes it would – we have the debt orthodoxy of the madhouse at work here at the moment.
Had an economist over for drinks (as one does). Talk covered gov’ spending & he is/was very unhappy at a failure to distinguish between spending (& borrowing) to “keep the show on the road” and capital expenditures which may well have some sort of return and which include renewables, energy networks and energy efficiency actions. The £28bn probably has some sort of measurable return, thus quite how Coutinho thinks that this would result in higher taxes, beats me. I thought the pantomime season was over, quite clearly I was wrong – leaving the open question – what role Coutinho?
Rumoured to be reshuffled into the Chancellor’s role before an election
In similar vein
From yesterday’s Guardian
“This is from the Economist’s Matthew Holehouse.
Slides from Richard Tice Reform UK launch. Calls for 5% govt spending cuts and bonfire of EU law, or risk bond market wrath.”
The old chestnut about the government having to depend on selling bonds to fund its spending; and the ‘Bond Market’ – a few thousand? very rich people, swayed by rumour and short term profits- deciding if the Gov. should be allowed to carry out its program.
And Richard Tice claims to be “the only party of the Working Class.”
The only thing the Tories are good at, is lying. They are masterful, and with the help of their client media, they easily get away with it. Unfortunately, it works at elections because the media ignore what has gone before, and many people believe the fear of what Labour will do, while forgetting all the broken promises, lies, fraud and downright nastiness of the Tories. Labour needs to be brave, I doubt they will.
By the way, talking of climate, in my area after storm Henk, the flooding is the worst I’ve ever seen. It’s a good job Sunak’s committed to net zero then, and not in the pocket of the fossil fuel industry and all those lovely dividends he and his wife get from them.
An autumn poll? This is more like a slow death.
Do the Conservatives really care so little about anybody or anything else; other than themselves?
Starmer, surprisngly was right about one thing; sunak is squatting in Downing Street.