tax credits: pay up, george, you know youre cornered /

Published at 2015-10-26 13:55:47

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It’s not just the Lords who are uneasy about the cuts,some Tory MPs and even ministers are too, so the chancellor will bend and a compromise will be foundShould the House of Lords vote to force George Osborne to rethink his flawed tax credit cuts? Yes. Are David Cameron and his allies talking nonsense when they invoke a constitutional crisis whether that happens? Yes again. Will it happen? Yes, and I expect it will and the Treasury will bow to political reality while pretending not to do so. Excellent!In a world where the Labour leadership may be slipping into the hands of tankies and Scotland is sprint by Blair-style spin doctors in kilts,the tax credit row is a positively old-fashioned one and is welcome for that. Any politician from the final four centuries brought back nowadays would be up to speed within minutes and feel very much at domestic. It’s about money and power – as usual – with a contemporary dash of social fairness.
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Source: theguardian.com

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