Society

Will Osborne be vindicated in 2015?

VAT, VAT, VAT – but what’s this? The main headline on today’s FT doesn’t mention the sales tax at all, and the piece below it only does so in passing. Instead, a declaration that “UK austerity measures [are] expected to pay off,” based on a survey of economists conducted by the paper. Although those polled have concerns about inflation and the eurozone, only 13 percent say that George Osborne needs a Plan B for dealing with the public finances. As always, we shouldn’t place too much stock in this kind of thing. Some economists will back the coalition, others will back Labour; some will be right, others will be wrong.

There is no reason to raise VAT

It is very clear that the government cannot carry on borrowing at current rates and the coalition’s proposals for reducing government borrowing are prudent. However, today’s VAT rise is unnecessary. As has been said before, we did not get into this situation because the government taxes us too little. Ever since Gordon Brown abandoned his self-imposed restraint in 2000, government spending, financed mainly by stealth taxes and increased borrowing, has expanded rapidly to its current level of over 50 percent of national income. As such the whole of the balance of fiscal adjustment should come through spending cuts. The coalition’s spending reductions have reflected political expediency, not sound economics. The

CoffeeHousers’ Wall, 3 January – 9 January

Welcome to the latest CoffeeHousers’ Wall. For those who haven’t come across the Wall before, it’s a post we put up each Monday, on which – providing your writing isn’t libellous, crammed with swearing, or offensive to common decency – you’ll be able to say whatever you like in the comments section. There is no topic, so there’s no need to stay ‘on topic’ – which means you’ll be able to debate with each other more freely and extensively. There’s also no constraint on the length of what you write – so, in effect, you can become Coffee House bloggers. Anything’s fair game – from political stories in your local

Real life | 1 January 2011

‘Stop leading!’ said the poor man trying to dance with me as I dragged him around the floor. ‘Stop leading!’ said the poor man trying to dance with me as I dragged him around the floor. ‘I can’t help it,’ I said, pushing him under my arm and forcing him to perform a series of impromptu pirouettes, ‘you keep going wrong.’ ‘That’s not the point,’ he gasped, as I half strangled him in a headlock. ‘I’m meant to lead. You follow.’ Follow, shmollow. I had been taken to a Ceroc dance class in the genteel confines of Esher civic hall by my friend Amanda, a devotee of the pastime, who

Low life | 1 January 2011

I weighed myself in India. There were scales in the hotel bathroom and I stepped up out of idle curiosity. I’d lost weight. In the three weeks since I’d met Cow Girl on a dating website, I’d lost three-quarters of a stone. I hadn’t even noticed. I weighed myself in India. There were scales in the hotel bathroom and I stepped up out of idle curiosity. I’d lost weight. In the three weeks since I’d met Cow Girl on a dating website, I’d lost three-quarters of a stone. I hadn’t even noticed. Later I rang her to report a conversation I’d overheard in the hotel gym. A perspiring English banker

High life | 1 January 2011

My son J.T. managed to seriously shorten my life by inviting close to 75 young people to my house for an end-of-the-year party, among whom I found some seriously beautiful girls who were out way past their bedtime. My routine for my children’s bashes is a simple one. I train hard either in judo or karate, work up a very good sweat, shower, shave, put on my finest Anderson & Sheppard suit, go to the drawing room where the main battle is about to take place, and start downing vodka and cranberry juice. I never touch food, as it produces a hangover the next day. After about one hour and

Mind your language | 1 January 2011

The government is thinking of making restaurants put on the menu the number of calories in dishes. The government is thinking of making restaurants put on the menu the number of calories in dishes. Andrew Lansley, the Health Secretary, spoke of an ‘obesogenic environment’. I thought he’d made up the word obesogenic. It’s a bastard formation, half-Latin and half-Greek. But my husband tells me it has been around in bariatric circles for decades. ‘Bariatric?’ I said. Yes, he said, bariatrics is a medical specialty spawned in America in the 1960s, in response to a condition brought on by prosperity, but now prevalent among the poor: fatness. Perhaps Mr Lansley should have spoken

Letters | 1 January 2011

An education Sir: Quite apart from the pressure the Gaokao exam puts on students (Letters, 18/25 December), the Chinese education system is unsatisfactory in other ways. I taught English to undergraduates in Beijing for two years and it could be a dispiriting experience. Chinese students are taught very intensively, there is a lot of learning by repetition, and they are also drilled so that they do not ever offend against the party line. You could say they are taught not to think, although that would be a bit unfair. Anyway, they are going to rule the world so it’s all academic. Rebecca Jed, London SW4 Sir: Oliver Lewis made some

Leader: Winter sunshine

Every day of this new year, some 200,000 people are likely to be lifted out of what the United Nations defines as extreme poverty: living on $1.25 a day or less. Every day of this new year, some 200,000 people are likely to be lifted out of what the United Nations defines as extreme poverty: living on $1.25 a day or less. This remarkable pace of improvement will probably quicken over the rest of the decade. This is not due to any government development goal or charity outreach programme. It is driven by global capitalism, just like the transformation of India, China and other emerging markets. We are living in

Portrait of the week | 1 January 2011

Home Nine men were charged with conspiracy to bomb London targets such as the Stock Exchange and the tower of Big Ben before Christmas. Three of the men, aged between 19 and 28, came from Cardiff, two from London and four from Stoke-on-Trent. The Rt Rev Michael Scott-Joynt, Bishop of Winchester, spoke of ‘an imbalance in the legal position with regard to the freedom of Christians and people of other faiths to pursue the calling of their faith in public life’. Stephen Griffiths, the self-styled Crossbow Cannibal, was said to be refusing food in jail after his conviction for murdering three prostitutes. Prince William and his fiancée Kate Middleton said

James Forsyth

Top Republican prepares to leave Obama’s big tent

When John Huntsman, the Republican governor of Utah, accepted Barack Obama’s offer of the ambassadorship to China it seemed to be further evidence that Obama was going to be a two term president. The ambitious Huntsman, who would stand a good chance in a Republican primary, appeared to have decided that the nomination in 2012 wasn’t worth having. So it is a sign of the shifting political tide that Huntsman is now indicating that he may resign as ambassador to China soon and run for the Republican nomination. With Obama’s approval rating now significantly below 50 percent, the Republican nomination is now a far more appealing prize. There is, unusually for

Mary Wakefield

Egyptian Notebook

The adventures of a wrecked ship can be pieced together from entries in its log book. The last moments of some doomed flight can be reconstructed by consulting its black box. If Dominic and I come a cropper here on the hard shoulder of the Cairo–Alexandria desert road, our iPhones will tell our story in Google searches: 23:30: ‘how do you get out of Cairo airport?’ 00:07: ‘why don’t Egypt drivers use headlights?’ 03:00: ‘Toyota Corolla won’t start’ 03:30: ‘How to deactivate Toyota Corolla immobiliser?’ 04:00: ‘Hertz Cairo number’ 05:00: ‘Hertz worldwide emergency number’ 05:14: ‘What time sun rise in Egypt?’ Soon after that, the iPhones’ innards will record that

Johan Norberg

The great debt bubble of 2011

Have our governments averted a financial disaster – or paved the way for one? ‘The worst of the storm has passed,’ declared Barack Obama at the start of last year, seeking to calm the fearful. For his part, Gordon Brown assured Britain that talk of tough years ahead was ‘simply not true’. Both men spoke of their resolve to cure their economies, and did not seem to mind using the same techniques that created the old bubble. Bank bailouts and massive stimulus efforts have indeed encouraged us to borrow, spend and speculate again. Bank interest rates have dropped to historic lows, bringing cheap credit to the housing market and the

James Forsyth

Politics: Get ready for a year of upheavals

This will be the year of the political identity crisis. This will be the year of the political identity crisis. As we enter 2011, all three major parties are having internal debates about who they are and what they stand for. Add to that the fact that there is discontent in the ranks of all three parties and it makes for a particularly volatile combination. It could turn out to be even more dramatic politically than 2010. The past 12 months have transformed the Liberal Democrats. At the beginning of the year, they were perceived as the most harmless of political parties, the one that actors could safely endorse without

Dear Mary: your problems solved

Q. Each year I send out about 130 Christmas cards and get back about 80. This year I received 40. I have no reason to think that I have become less popular. Can you shed any light on this disheartening development, Mary? — J.F., London SW12 A. Many people simply could not afford to send them, but there were other factors at play. Traditional scenes celebrating the birth of Christ were widely unavailable outside of galleries and museums (where they are costly). It seems pointless to send a Simpsons Christmas card. The Post Office, in a bid to avoid offending non-Christians, is issuing secular stamps one year and non-secular the

Martin Vander Weyer

Any other business | 1 January 2011

In the land of my Flemish forefathers, I draw a key lesson for 2011: always have a Plan B To Ghent, in the land of my ancestors, to address a conclave of ‘risk managers’. Though the mother tongue of most participants is Dutch or French, the conference is in English — and I feel obliged to explain that despite my surname that’s what I shall speak too, because it’s 200 years since my silkweaving Flemish forefathers moved from Antwerp to Norwich to take advantage of a tax scheme for migrant craftsmen that would no doubt now be banned by EU ‘single market’ rules. I spare them the detail that I did

Competition: New leaf

In Competition No. 2678 you were invited to submit the New Year’s resolutions of a fictional villain. In Competition No. 2678 you were invited to submit the New Year’s resolutions of a fictional villain. It was a smallish and somewhat lacklustre entry, possibly owing to the earlier-than-usual deadline. But I warmed to D.A. Prince’s Lord Voldemort: ‘Get him; just get him. Then the series will be over’, and was amused by Chris O’Carroll’s Edward Hyde, ‘Be myself’, and Bill Greenwell’s Count Dracula: ‘Get a life’. Gerard Benson, meanwhile, kept it brief on behalf of Bill Sikes: ‘No more Mr Nice Guy!’ There is a distinctly Dickensian feel to the winners’

Rod Liddle

From here until the royal wedding, it’s sewage all the way

I hope you are looking forward to the tsunami of industrial effluent which is coming your way in the first quarter of the new year. You will not be able to avoid it, unless you are Helen Keller. One way or another, Wills and Kate are going to get you. Or, more properly, their agents of misrule are going to get you, the meeja, with their tele-photo lenses and their hacked mobile phone accounts, and their rubber gloves for rummaging through dustbins and their long sharp noses for filth and discord and their deep gullets and unquenchable thirst for vapid, pointless liquid excrement. If you were being charitable you might