Wednesday, 20 October 2010
The Spending Review
Crikey - what a long speech Osborne gave. He certainly seemed to know what he was talking about. I hope he does and I hope he's right for all our sakes. We are not going to know the results of the decisions the Government have made for a number of years though. Even if they get it half right the Government will claim success but if they get it wrong Labour will claim their prescription would have done the trick. It is probable that the next election will be decided on the outcome of the Spending Review. Johnson gave a good account of himself in his response although he gave no detail of what he would have cut and by how much and I guess he never will. It would have been good too if he had acknowledged his government's role in causing the financial mess we're in but again politicians never apologise and never explain and always pretend any disaster has nothing to do with them. A little more honesty would be refreshing. It is extraordinary that Gordon Brown failed to turn up in Parliament for the announcement. Is that an admission of guilt or at least the result of his embarrassment at getting everything so wrong? Wishful thinking on my part?
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