Comments on: Osborne let off the hook on spending cuts

By: Leading economists question Osborne's definition of "intergenerational fairness" | Left Foot Forward

Tue, 24 Aug 2010 08:18:47 +0000

[…] criticism about the distributional impact of the June Budget, George Osborne sought last week to include “intergenerational […]

By: John Lees

John Lees — Wed, 18 Aug 2010 10:47:10 +0000

Will – can i ask you a question. If you believe that cutting the deficit is bad because growth will suffer – do you believe that Governments should always run deficits? Should they run deficits in good years and bad? If as you may believe they should only run deficits in recessions and for some time after – when should we reduce spending? This year next year the year after never? And if you admit we do at some point have to reduce spending would not those cuts have to be bigger if teh debts have been allowed to grow even bigger?

By: Mike

Mike — Tue, 17 Aug 2010 18:39:23 +0000

Whats this scandal re Eric Pickles new £70,000 car paid for by tax payers
maybe the audit commission should investigate

What a disgrace

cuts for the poor new big cars for the millionaire cabinet ministers

By: John Lees

John Lees — Tue, 17 Aug 2010 12:22:39 +0000

“The Bank of England outlined last week how the Budget was negatively affecting growth.”

That is exactly my point – cutting the deficit may cut growth in the short term. But in teh long term we can not afford to have growth based on deficit financing. It is unsupportable and so will come to an end who ever is in power. We may as well start now rather than stoke this bubble.

By: Osborne let off the hook on spending cuts « The best Labour blogs

Osborne let off the hook on spending cuts « The best Labour blogs — Tue, 17 Aug 2010 12:03:25 +0000

[…] More… […]

By: Sara (Teresa) Brooks

Sara (Teresa) Brooks — Tue, 17 Aug 2010 11:50:48 +0000

RT @leftfootfwd: Osborne let off the hook on spending cuts http://bit.ly/aXzx9f

By: Thomas Gillespie

Thomas Gillespie — Tue, 17 Aug 2010 11:03:04 +0000

RT @leftfootfwd: Osborne let off the hook on spending cuts http://bit.ly/aXzx9f

By: Will Straw

Will Straw — Tue, 17 Aug 2010 10:04:13 +0000

Guido – Could, not would. I set out only my own priorities. The next leader has, in my view, to set out what they would do to reduce the deficit. Labour lacks credibility without setting out its own priorities but it doesnt diminish the responsibility of groups/blogs like LFF to point out the absurdity of Osborne’s plans.

John – Utter madness. The Bank of England outlined last week how the Budget was negatively affecting growth. Some City analysts are already predicting that growth will be flat at the end of this year and possibly negative. Any more cutting would almost certainly put Britain into a double dip recession.

Robert – £24bn in cuts by the Treasury’s own figures. And, hopefully, a very different approach to on whom the axe will fall.

Ash – as per my reply to Guido, I completely agree. There should have been a comprehensive spending review before the election.

By: Ash

Ash — Tue, 17 Aug 2010 09:49:53 +0000

I still think Labour under a new leader need to have a clear story to tell about what cuts *should* be made; it’s just not a credible medium-term strategy to agree in principle that 65% (ish) of the cuts Osborne makes are necessary but then condemn 100% of those cuts.

By: yorkierosie

yorkierosie — Tue, 17 Aug 2010 09:32:44 +0000

RT @leftfootfwd: Osborne let off the hook on spending cuts http://bit.ly/aXzx9f