Reply to: Future looks good for George Osborne

[Zero Liability]

The two Eds are planning a two-pronged attack:

1. Wages haven't kept up with the cost of living

2. The increased growth is flaky, only being due to increased household spending

The issue with that is that nothing Labour has in mind would do anything to resolve either of those problems; they'd probably entrench and perpetuate them.

Aren't these mutually exclusive?

Not necessarily. If you're reliant on credit, particularly based on rising house prices, household spending can go up without wages keeping track. The thing is, Labour isn't going to change course on this, so I fail to see what "solutions" they have other than "soak the 'rich' (and the middle/working class, while we're at it.)"

It will in labour land where everyone is on benefits....

And everyone is a permie. I bet they will turn up the hate on contractors, too.

[Doggy Styles]

The two Eds are planning a two-pronged attack:

1. Wages haven't kept up with the cost of living

2. The increased growth is flaky, only being due to increased household spending

Aren't these mutually exclusive?

[ASB]

Credible opposition is supposed to have them, especially given that Balls supposeldy wants OBR to audit their manifesto plans.

Well yes. Thats the theory. What we actually have is the reality.

[AtW]

That of course is the great luxury of opposition. No answers are needed.

Credible opposition is supposed to have them, especially given that Balls supposeldy wants OBR to audit their manifesto plans.

[ASB]

They are whining about increase in cost of living without answering how THEY are going to fix it - higher taxes won't exactly put more money into pockets of people.

That of course is the great luxury of opposition. No answers are needed.

[BlueSharp]

Labour only specialise in pointing out the Obvious. Buch of cretins, they have ran out of people to tax and they know it.

[doodab]

They are whining about increase in cost of living without answering how THEY are going to fix it - higher taxes won't exactly put more money into pockets of people.

It will in labour land where everyone is on benefits....

[AtW]

I cant take another year with labour prattling on about the cost of living.

I actually cringe when I hear it.

They are whining about increase in cost of living without answering how THEY are going to fix it - higher taxes won't exactly put more money into pockets of people.

[vetran]

I cant take another year with labour prattling on about the cost of living.

I actually cringe when I hear it.

I found shouting at the TV and suggesting their parentage was interrelated, unmarried and selling their bodies makes me feel better.

[minestrone]

I cant take another year with labour prattling on about the cost of living.

I actually cringe when I hear it.

[Flashman]

Have my doubts about this recovery too

But current economic forecasts have the UK with a higher growth rate than Germany next year. Which isn't too bad really.

[Doggy Styles]

And wasn't there also a report recently saying that wages should increase by more than inflation this year?
If that turns out to be true then Miliband will have trouble touting the cost of living crisis, if Osborne can show that the wages are coming out of the woods too.

The two Eds are planning a two-pronged attack:

1. Wages haven't kept up with the cost of living

2. The increased growth is flaky, only being due to increased household spending

[vetran]

staff resigning is up, wages will grow.

[Ticktock]

And wasn't there also a report recently saying that wages should increase by more than inflation this year?
If that turns out to be true then Miliband will have trouble touting the cost of living crisis, if Osborne can show that the wages are coming out of the woods too.

[Doggy Styles]

George Osborne somehow has engineered this as a short-term measure for peak votes in 2015.

What a rotter I say... but then I think of the alternative!