Fresh from winning GQ’s Politician of the Year award last week, George Osborne now has an accolade he may be even happier with: heavy praise from both Peter Oborne and Matthew Parris. Both commentators write columns today which dish out the superlatives for Osborne’s response to the fiscal crisis, and suggest he has been vindicated by events. Here’s the key passage from Oborne’s article, by way of a taster:
“Slowly Osborne began to win the argument.
First (as I revealed in this column last March), Bank of England governor Mervyn King sent private warnings to the Treasury that he feared extra public spending would damage the official credit ratings that are awarded to the Government as an independent yardstick of the health of the nation’s finances.
Then Alistair Darling finally woke up to the urgent need for financial restraint.
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