INSTANT ANALYSIS #Budget2020
Was 2 budgets in one-what he was going to deliver plus corona measures at the top
But corona merely accelerated the direction they were going in: a repudiation of much of Conservative economic analysis and framing for a decade.
Was 2 budgets in one-what he was going to deliver plus corona measures at the top
But corona merely accelerated the direction they were going in: a repudiation of much of Conservative economic analysis and framing for a decade.
Osborne and Sunak seemed as if they were from different parties.
Where Osborne once boasted of getting public spending under control Sunak boasted of mega spending.
Osborne once legislated for a budget surplus, today Sunak spent more than Darling in response to 2008.
Where Osborne once boasted of getting public spending under control Sunak boasted of mega spending.
Osborne once legislated for a budget surplus, today Sunak spent more than Darling in response to 2008.
But v impressive performance from Sunak. Rose to the challenge, assured. The volte face was an accomplished one.
But in sum: turns out there was a magic money tree, after all.
And in all the shock of the red ink, we shouldn't lose sight of the fact that the Chancellor all but admitted that there would be a recession.
