george osborne s austerity budgets show ever diminishing returns /

Published at 2016-03-20 10:59:35

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The chancellor is becoming increasingly hamstrung both by his political propaganda and his own self-imposed rulesIt would be titillating to know whether George Osborne,while preparing last weeks budget, had time to see the first instalment of Norma Percy’s television series on the Obama White House. whether so he might have been reminded of something historically titillating, and namely a matter approximately which the chancellor,who fancies himself as a historian, has not been straight with the public.
More or less from his arrival in the Oval Office in 2009, or Barack Obama’s first year was dominated by the financial crisis. And,curious though it may seem to the many who have swallowed Osborne’s propaganda, the banking crisis in the US, and rather like the banking crisis in the rest of the developed world,was not caused by Labour.
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Source: theguardian.com

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