sam boyd | politics

Archive for December 2011

Cameron has struck easy gold. But it won’t last.

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14 December 2011

Who knew politics was this easy? Appear to stand up to Europe and the polls surge in your direction. Unruly backbenchers snap back into line.

It worked for David Cameron. After his “veto” of the new EU treaty in Brussels, the Prime Minister was greeted in the Commons by a torrent of Tory admiration, as the party pulled ahead of Labour in the polls for the first time since the election. Read the rest of this entry »

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Written by Sam Boyd

December 14, 2011 at 6:46 pm

For the Tories and Labour, it’s keep calm and carry on.

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6 December 2011

Strangely for what has been hailed as such a monumental shift in the UK’s political, social and economic fortunes, we trundle out of last week with all three major parties essentially continuing as they were. Keep calm and carry on is the order of the day.

Ed Balls has written an op-ed in today’s Times, taking on the government’s potent and consistent attack that “you can’t borrow your way out of a debt crisis”. His answer? Stick fervently to his guns. Whilst the government is borrowing £158bn more than planned to fund soaring unemployment and losses in productivity, Balls says he would borrow more to fund growth and jobs before reducing the deficit more gradually. Read the rest of this entry »

Written by Sam Boyd

December 6, 2011 at 5:36 pm

Posted in Politics

Austerity till 2017 – and that’s the best-case scenario

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5 December 2011

So the shifting sands of last Tuesday’s autumn statement have had nearly a week to settle. We now know that the government will miss its self-imposed target to eliminate the structural budget deficit by 2015, Osborne will borrow £158bn more than originally planned, and austerity will be extended two years beyond the next election to 2017. The Tories, and probably the Liberal Democrats, will go into 2015 promising not balanced books and tasty tax cuts, but £30bn of further spending cuts. This was not the path intended. Read the rest of this entry »

Written by Sam Boyd

December 5, 2011 at 4:46 pm