Tag Archives: George Osborne

Covid-19’s Death Rate: A Consequence of Austerity?

The political consequence of the 2008 banking crisis was a Conservative led coalition, whose principal economic policy was austerity. This meant a dramatic reduction in the size of the state, especially local government and Britain’s welfare system. Unexpectedly there was … Continue reading

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The price of the Conservatives austerity programme, 2010-19

A 2017 study published by the British Medical Journal linked health and social care budget cuts to nearly 120,000 excess deaths in the UK since 2010. Last year, the Office for National Statistics revealed that life expectancy has stopped rising … Continue reading

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George Osborne, VAT and Conservative Extremism

On 4th January next year (2011), the main rate of VAT will rise from 17.5 to 20 per cent…. This single tax measure will by the end of this Parliament generate over £13 billion a year of extra revenues. That … Continue reading

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George Osborne, child benefit and the Conservative hard-right 2010-7

Hard-right chancellor of the exchequer George Osborne (2010-6) used the 2008 financial crash to reduce some British welfare payments. His ideological austerity programme was combined with political pragmatism. Child Benefit, which is paid to mothers as a tax free sum, … Continue reading

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Theresa May: a vindictive enemy

Having received inspiration she sacked Osborne Within twenty minutes of her arrival in Number Ten, May had summoned Osborne to sack him. Accounts of this meeting differ. Osborne’s people say it was cordial. But May’s people, who include Fiona Hill, (her chief of staff) let … Continue reading

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The delusional George Osborne and the Northern Powerhouse (deceased)

‘A drunkard or a gambler may be weaned from their ways, but not a politician.’ Anthony Trollope Phineas Redux (1873) Chris

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Not Before Time

A nasty vicious Minister Has chosen the option, to quit Mostly to hurt his former pals In retirement, he will still be a nasty vicious git. The poor should rejoice, his departure The poor were his target and shame As … Continue reading

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George Osborne’s Politicisation of Welfare in Britain 2010-15

The Coalition government 2010-15 effectively won the economic argument that the British welfare budget had ballooned out of control in the Labour era (1997-2010). This intellectual and political victory produced the brilliant rhetorical flourish from the Chancellor ‘We’re all in … Continue reading

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Modern Economic Realities

Incentives  The rich need high wages, bonuses and stock options: the poor need low wages and cuts in benefits. Outcomes The Haves, the Have Nots and the Have Lots Dedicated to George Osborne, British Chancellor of the Exchequer and social … Continue reading

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George Osborne: Shirker

Oxford educated cabinet members (10 out of 23) have developed a philosophy of poverty which George Osborne outlined in his ‘Shirkers and Strivers’ speech*. The claim is that poor people are poor because they lack aspirations and worse, are addicted … Continue reading

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