{"id":70563,"date":"2023-06-26T07:24:42","date_gmt":"2023-06-26T06:24:42","guid":{"rendered":"https:\/\/www.taxresearch.org.uk\/Blog\/?p=70563"},"modified":"2023-06-26T07:24:42","modified_gmt":"2023-06-26T06:24:42","slug":"has-the-two-party-system-now-reached-its-nadir","status":"publish","type":"post","link":"https:\/\/www.taxresearch.org.uk\/Blog\/2023\/06\/26\/has-the-two-party-system-now-reached-its-nadir\/","title":{"rendered":"Has the two party system now reached its nadir?"},"content":{"rendered":"<p>I was on LBC last night, talking to Rachel Johnson, the sister of the former PM.<\/p>\n<p>I did not sit on the fence:<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">&#39;The Bank of England is so incompetent, I can&#39;t put it any more kindly than that.&#39;<\/p>\n<p>&#39;...at the moment it is entirely outside of democratic accountability and that&#39;s pretty scary.&#39;<\/p>\n<p>Professor <a href=\"https:\/\/twitter.com\/RichardJMurphy?ref_src=twsrc%5Etfw\">@RichardJMurphy<\/a> tells <a href=\"https:\/\/twitter.com\/RachelSJohnson?ref_src=twsrc%5Etfw\">@RachelSJohnson<\/a> the BoE should not remain independent. <a href=\"https:\/\/t.co\/GrS065uiTz\">pic.twitter.com\/GrS065uiTz<\/a><\/p>\n<p>&mdash; LBC (@LBC) <a href=\"https:\/\/twitter.com\/LBC\/status\/1673058278446874624?ref_src=twsrc%5Etfw\">June 25, 2023<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>What was interesting was how Rachel Johnson lapped all this criticism of the Tories up. It is very clear that as far as she is concerned anything that now shows Sunak in a poor light is good with her.<\/p>\n<p>I am not complaining: she let me get my point across and agreed my suggestion that it was time for both Andrew Bailey to go and for Bank of England independence to come to an end.<\/p>\n<p>However, what she revealed about the Tories was also worrying. If they carry on like this they will be a hopeless opposition to a hopeless Labour government that already seems intent on doing the very worst it can for the people of this country. That is not encouraging. Has the two party system now reached its nadir?<\/p>\n","protected":false},"excerpt":{"rendered":"<p>I was on LBC last night, talking to Rachel Johnson, the sister of the former PM. I did not sit on the fence: &#39;The Bank<br \/><a class=\"moretag\" href=\"https:\/\/www.taxresearch.org.uk\/Blog\/2023\/06\/26\/has-the-two-party-system-now-reached-its-nadir\/\"><em> Read the full article&#8230;<\/em><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[35,106],"tags":[],"class_list":["post-70563","post","type-post","status-publish","format-standard","hentry","category-economics","category-politics"],"_links":{"self":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/70563","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/comments?post=70563"}],"version-history":[{"count":1,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/70563\/revisions"}],"predecessor-version":[{"id":70564,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/70563\/revisions\/70564"}],"wp:attachment":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/media?parent=70563"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/categories?post=70563"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/tags?post=70563"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}