The appropriate phrase is “fat chance!”
Most ‘moderate’ (read: right-wing) Labour MPs won’t dare to support Osborne’s mad fiscal prank because the only reason the Opposition party ever said it would support it was to emphasise the fact that it won’t make a scrap of difference – because it won’t work.
They won’t abstain either, because that would reinforce the SNP’s claim that Labour is weak – causing serious damage to Labour’s hopes of ever regaining its lost dominance of Scottish politics.
There may be some rebellions, and even some abstentions – but these MPs will only be singling themselves out for deselection by a grassroots Labour Party that is overwhelmingly in favour of the anti-austerity position adopted by Jeremy Corbyn and John McDonnell.
Chancellor George Osborne is urging “moderate” Labour MPs to rebel against their leadership and support his fiscal charter in a vote later.
His appeal follows a fallout within Labour after shadow chancellor John McDonnell said the party would no longer support the proposal.
The charter would force future governments to run a budget surplus.
Mr McDonnell said he would propose his own charter, but Mr Osborne said Labour MPs should vote with the government.
At the very least, Labour MPs should abstain in the vote, the chancellor added.
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