George Osborne could revolutionise welfare – but does he know what he’s doing?
Have we ever had a more political Chancellor of the Exchequer? I doubt it. The political skills of George Osborne were on full display in July’s Summer Budget. Here he tweaked Labour’s tail particularly violently by pinching the party’s higher minimum wage strategy that all too many within Labour thought would be a winning card at the last election. I still wonder whether he sees the revolutionary potential of his Labour-baiting initiative, the ‘National Living Wage’. With a little more development it could become the most important game changer in Britain’s post-war welfare debate. A little over two centuries ago, with the rise of a dual agricultural and industrial society, those
