Not in the pilot's seat: George Osborne and Alistair Darling, who he appears to have taken for a ride.

Not in the pilot’s seat: George Osborne and Alistair Darling, who he appears to have taken for a ride.

There’s only one problem with George Osborne’s heroic speech: We all want to take it at face value and kick him out of office.

He’s talking about doing the responsible thing in the face of a Brexit shock to the UK economy – but economists don’t think it is responsible at all; they’re saying, “Wait.”

And we all know how badly wrong Osborne’s instincts have been in the past; the UK is still in the throes of the longest and most painfully-drawn-out economic recovery in our country’s long history.

He has missed every economic target he ever set himself. He has more than doubled the national debt – that’s not something he can blame on Labour; the choices were all his own.

Now he is taunting us with another stupid plan, saying: “We do this, or you can sack me.”

Bye bye, George.

George Osborne has said the fight to keep Britain in the EU is bigger than his own political career, after at least 58 Conservative MPs indicated his position would be untenable if Britain voted to leave the EU.

Their opposition means it would be impossible for Osborne to get an emergency budget through the House of Commons, given that the Labour leader, Jeremy Corbyn, made clear he would never support an austerity budget.

It also means it will be very difficult for Osborne to survive in his job if the country votes to leave the EU. Even if the UK votes to remain, his leadership hopes have already been wounded by U-turns over tax credits and disability benefit cuts, and the animosity of much of the Conservative grassroots towards Downing Street’s campaign to stay in.

Pressed on whether it would spell the end of his own career, Osborne said: “It’s not about one politician, it’s not about one political career … This is about the future of our country, about who we are as a country.

“What’s the point of getting involved in public life if you’re not prepared to fight for the things you think are really important to our country and its future, its standing in the world and for jobs and prosperity?

“And I tell you there is only one thing worse than not passing a budget like that and that’s not passing a budget to deal with that situation and sending the economy into a tailspin.”

Source: Osborne on ropes after ‘punishment budget’ plan infuriates Tory MPs | Politics | The Guardian


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