The UK desperately needed something bold and innovative from this week’s spring budget. The nation’s infrastructure is literally crumbling, the energy grid is overloaded and local authorities are going bankrupt. The economy and public services are simply not working.
Of course, it would have been naive in the extreme to expect any answers to these problems from the current moribund Tory government – even as a General Election looms. And, given the UK’s stagnant economy, any chancellor would have struggled to conjure up the resources to fix all of this now in a single budget. Still, chancellor Jeremy Hunt’s budget was a paltry affair, even by his past standards.
Some have blamed the paucity of the chancellor’s budget statement on the Office for Budget Responsibility (OBR), the ‘independent’ watchdog that determines whether the chancellor is sticking to his so-called fiscal rules.
But we should be wary of demonising the messenger. And any suggestion of ‘external’ constraints on the government should be rebuffed, as it lets our elected leaders shirk responsibility for their own decisions.
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