One thing to remember today
Peter Hoskin 11:55am
As you can probably imagine, plenty of Labour folk are getting excited about the PBR today. They regard it as a chance for their party to harden their rise in the polls, and hasten the Tories' descent. But Danny Finkelstein strikes a necessary note of calm over at Comment Central. As he puts it, a Budget in which the government has to 'fess up to the horrible state of the public finances is hardly going to do much good for them.
To Danny's analysis I'd add one supporting fact: that rarely, if ever, in recent times, has the government received a significant poll bounce on the back of a Budget. I blogged about this back in April, and Anthony Wells followed it up with an excellent post here. Of course, there's always room for exceptions to the rule, but it's certainly not looking hopeful for Brown today.
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Publius
December 9th, 2009 12:05pm Report this commentIt's a shame I can't turn to the Speccie for the note of calm you mention, instead of all this panicked headless-chicken hysteria.
Chris
December 9th, 2009 12:54pm Report this commentIt's a pity a few people at the Spectator don't read and inwardly digest Daniel Finkelstein's comments on the irrelevance of UKIP.
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