- Tue Aug 31, 2021 4:57 pm
#9142
More from the people who pulled an unfunded £58bn out of their arse in the general election campaign to bribe people who were never voting for them anyway.
The difference between McDonnell and Old Keir isn't that the latter is a rightwing sell out. It's that the latter can read a chart showing distributional effects. When you've got McDonnell in charge, you knock up populism that ends up being less progressive than Tim Farron on tax and spend (other McDonnell stuff on unions is good).
If Sunak gives a rise of, say, 5% instead of 8%, that's not a particularly painful "cut". He'll happily bank that one as "I take tough decisions, me".
The difference between McDonnell and Old Keir isn't that the latter is a rightwing sell out. It's that the latter can read a chart showing distributional effects. When you've got McDonnell in charge, you knock up populism that ends up being less progressive than Tim Farron on tax and spend (other McDonnell stuff on unions is good).
If Sunak gives a rise of, say, 5% instead of 8%, that's not a particularly painful "cut". He'll happily bank that one as "I take tough decisions, me".