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politicalbetting.com » Blog Archive » The DUP deal has cost a lot more than £2bn: it’s blown apart t

SystemSystem Posts: 12,259
edited September 2017 in General

imagepoliticalbetting.com » Blog Archive » The DUP deal has cost a lot more than £2bn: it’s blown apart the Tories’ economic case

YouGov published the results of an innovative survey on Thursday, where it found that the British public seemed more willing to pay a Brexit bill of £25bn (where 29% said they would find that acceptable), than one of £10bn (backed by 18%).

Read the full story here


Comments

  • YellowSubmarineYellowSubmarine Posts: 2,740
    Fantastic piece. But before the £2bn for the DUP came Leave's £350m per week for the NHS. Leave took hypothetical savings and #1 commited them all to public expenditure. Not tax cuts, not deficit reduction but public spending #2 Not just any public spending but the NHS who's cult status even the Olympic opening ceremony mythologised. #3 Put #1 and #2 on Labour Red Buses. #4 Got the £350m pw from a magic money tree. Not taxes, borrowing, growth or cutting other stuff. A magic money tree.

    So was it the Leave campaign and then victory that killed austerity ? After all even as ludicrous a figure as Jeremy Corbyn can look reasonable compared to the outlandish Leave campaign. I don't know. I'd need Ashcroft's budget to study public attitudes properly and ideally the work would have been done last year.

    But no bones about it. What folk like me missed was Leave was a seminal left wing economic populist campaign that put an Iconic bomb under Austerity. The Icon, the Labour Red Bus with the NHS logo, promised vast sums of extra spending from a magic money tree. It was deliberate, it was internally coherent, it won.

    I didn't think folk would be that stupid. The Thatcherite Brexiteers behind the campaign thought the plebs could be out back in their box after the vote. We probably can't know how powerful Leave's Nuclear strike on the Austerity narrative was. But we can know the Austerity narrative seems to have crumbles and it's done so shortly after the campaign. As ever some folk should be careful what they wish for.
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