No end to austerity

Flip Chart Fairy Tales

Four months ago, there was much cheering and dancing on George Osborne’s political grave (or at least his political cold-storage) as he announced the government’s abandonment of his deficit target and his own resignation.

Some people, including the leader of the opposition and the shadow chancellor, claimed that this was a U-turn.

Even the Daily Mail said that the government would “abandon George Osborne’s austerity agenda.”

The line was repeated by excited people in my Twitter timeline. George has abandoned the deficit target so it’s the end of austerity. Game over!

If anyone still believed that, the Autumn Statement should have…

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About sdbast

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