Showing posts with label Budget 2008. Show all posts
Showing posts with label Budget 2008. Show all posts

Monday, March 17, 2008

At our best when we are boring

My initial verdict on last Wednesday's Budget - written in a hurry between finishing work and picking my wife up from a hospital appointment - was intentionally rather tongue-in-cheek. A more considered verdict appeared on Saturday's Newcastle Journal and can be read in full HERE.

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Thursday, March 13, 2008

Mrs and Mr Balls

I have always maintained that if there was a future Prime Minister in the Balls household, it was Yvette rather than Ed - most recently in this post published on Monday.

Today, with Ed Balls in hot water after apparently saying "So what?" to a claim that UK taxes are now the highest in history, I wonder whether the wider political commentariat might now start to realise this.

While Ed was making a fool of himself in the Chamber, and providing an open goal for David Cameron as he sought to dismantle the Budget, Yvette was doing the rounds of College Green and the TV studios presenting the Government's case in her usual cool, calm, quietly persuasive manner.

Mike Smithson goes so far as to speculate today that Balls' antics might have cost Labour the next election. I would certainly agree that the more the public sees of Balls, the less they will be inclined to vote for the party.

Balls was already deeply implicated in last autumn's election debacle, shooting his mouth off on the radio about whether "the gamble" lay in holding the election or delaying - with the clear implication that the riskier course was delay.

I believe that was the moment when the public began to turn against Brown, the moment it became clear that the decision over whether to hold the election was being very clearly determined not by the national interest but by narrow party advantage.

Gordon should have learned his lesson from that and put Balls firmly back in his box before now, but old loyalties notwithstanding, perhaps it's time he echoed the words of Clem Attlee to Harold Laski - and I use the full quote here advisedly.

"I can assure you there is widespread resentment in the Party at your activities and a period of silence on your part would be welcome."

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Wednesday, March 12, 2008

Boring...but not bad

I had thought of doing a blog-boycott of this year's Budget, so narcoleptic was the content, but on reflection...there are some positives to be taken from Mr Darling's package from a progressive/green point of view.

As the driver of a Vauxhall Zafira who likes the odd drop of Scotch, I am probably going to be among the people worst hit by today's announcements, but I'm entirely content that it should be so.

The 55p a bottle increase in whisky duty will in fact cost me the princely sum of around £3.20 a year, which seems a small price to pay to help curb the binge-drinking culture and do my bit towards lifting 250,000 children out of poverty.

And although I only drive a people carrier out of necessity in order for me to be able to take my growing family away for weekends along with all their assorted clobber, I think it's only right that people like me should pay more to alleviate the effects of our environmental pollution.

That said, it was undoubtedly the most politically unexciting Budget since 1997, and some papers may well not even lead on it tomorrow. Maybe that's the government's intention though.

I liked James Forsyth's take on it at Spectator Coffee House. "I suspect that the government will be quite pleased if this Budget is nothing more than a one day story.....Darling must be hoping that by hopping on the Mail’s ban the bag bandwagon, he has guaranteed himself favourable coverage in at least one paper."

I have some sympathy for Mr Darling in that Gordon Brown really "stole" this Budget last year, by pre-announcing the 2p cut in income tax.

That said, had Brown not announced this a year ago, it is a fairly moot point whether it would have happened at all, as it's hardly now the time for big tax reductions amid all the "global financial turbulence."

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