CHAOSTOCOSMOS

Monday, 13 January 2014

Osborne’s Grand Plan to ‘trap’ Labour over deficit can be easily derailed

It’s pretty cheap and nasty electioneering, but that’s typical of him. It’s also utter nonsense on every count. To start with, before accepting at face value any promise that Osborne makes, it’s worth remembering that in 2010 in his first budget he promised to eliminate the structural deficit by 2015-16. As it turns out, he is more than £60bn adrift! If we are to believe him this time round, he should have delivered what’s on the can – he didn’t, by miles. But even if he could deliver, the arguments against falling for his dirty little trick are overwhelming.

Osborne’s Grand Plan to ‘trap’ Labour over deficit can be easily derailed | Left Futures

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