March 7, 2001
11:21 AM
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How to get elected without promising a huge tax-cut.In short, don't have an opposition. Gordon Brown gives the "we're going to win anyway" Budget, promising the kind of fiscal policy Gore claimed to offer the US. The language is even the same: "pay off the debt, reward working families". And since we're more or less guaranteed a Labour government till 2005 (barring the intervention of "events"), it'll a good time for the crudest of comparisons. (more inside...)
posted by holgate (4 comments total)
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What's bizarre is that it doesn't really suit the national mood, which seems more amenable to the LibDem's policy of hypothecated taxation -- "you want money spent on schools, we'll allocate a penny of income tax to education" -- than the right-libertarian one more prevalent in the US in which any grand spending plans smack of big government and its inefficiencies.
Anyway, I like the expert opinion that describes it as a cappuccino budget: " a deal of froth... a few sprinklings of something sweet on top and, to be fair, a shot of something reassuring and solid underneath."
posted by holgate at 11:30 AM on March 7, 2001