Friday, October 31, 2008

The big issue

I know this is just the 'ickle ole Marple Leaf, but as news priorities are all upside down, some things just need saying.

Government intervention in the economy is the biggest issue facing everyone today. If you wish to take that on as a piece of political analysis then you have to conclude that it is very much the Tories' achilles heel at the moment. George Osborne on Radio 5 this morning was still repeating the mantra "you can't spend your way out of a recession". The interviewer should have picked him up on it by mentioning Germany (the Marshall plan), post-war Japan and Roosevelt's new deal in America in the 30s, to name but three examples.

Osborne probably isn't that bright. He just sticks to the laissez-faire line because it is in his Tory DNA and because it is constantly drummed into him by his rich mates in the City.

It's likely now that calls will increase for Labour to promote a (semi) return to statist politics and to announce they will up taxes for the super rich. They can probably get away with a bit of a shift to the left in the current climate. The problem is they could hammer the Tories on this stuff day in and day out but they don't seem to have the big beasts to do it any longer.

But, hey, there are more important issues to discuss, like radio presenters making a rude phone call.

Hat tip: Andy Coyne.

1 comment:

Voices From The Below said...

Also worth noting that, seemingly, two naughty radio presenters are more newsworthy than the most polarised election in history of the most powerful economy in the world.