This is a short ‘tour’ of press comment today, with less than
enthusiastic coverage of the budget.
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CONSERVATIVE HOME Blog 23.4.09
(This CH:blog has highlighted comments in various newspapers and
here I give a major resume of that listing!)
There is widespread hostility to the Budget in today's editorials...
"This was a Budget that tinkered at the edges of Britain's problems,
while refusing to look the truth in the face. Thanks in no small part
to Alistair in Wonderland, whoever wins the next election will be
handed a lethally poisoned chalice. On yesterday's showing, it won't
be Labour." - Daily Mail
"In the past year we tumbled into recession, bailed out the banks and
funded a fiscal stimulus. Yesterday we looked to the Chancellor to
say how it would be paid for. The orchestra assembled. The audience
settled expectantly. The conductor tapped his baton on his music
stand. A hush fell. And from the stage came the shrill, thin sound of
a penny whistle." - The Times
"...there is another side to the burial of New Labour and it was
exploited to such lethal effect by David Cameron in his response.
Three terms of a government that started out committed to prudence
and sound economic stewardship are ending in a catastrophic deficit
that bespeaks the very opposite. Mr Darling's projections for a
return to growth may turn out to be less utopian than they seem
today, but the levels of debt that are forecast to persist until
2017, even by his – presumably best-case scenario – threaten to
impoverish into the next generation a country that should be rich." -
The Independent
"If we were not to get any sign of contrition from Mr Darling for the
Government's economic mismanagement – for only part of this train
wreck can be blamed on the banking crash – we at least had a right to
expect some inkling of how the Government intends to pay it off. This
is where yesterday's statement became utterly unconvincing." - Daily
Telegraph
"Mr Darling took a massive gamble with Britain’s future yesterday. He
bet that his own hugely-optimistic forecast of rapid economic
recovery will prove correct and pay off Labour’s debts. And what
terrifying debts they are: The biggest borrowings in our history
which by 2012/13 will be £240billion MORE than Mr Darling predicted
only last November. Since he got that forecast so wrong, why should
we believe the Chancellor now — when experts like the IMF queue up to
disagree?" - The Sun
...and a variety of columnists plunge the knife into Alistair Darling
"Labour's record should speak for itself: destroying wealth, raising
unemployment, presiding over waste. Now, though, it seeks to pursue a
policy to retain power that puts in the party's sights the very
productive and self-reliant people on whom the country must depend
for a recovery. It represents a savage and pointless attack on those
without whom Britain is sunk. Mr Darling's failure, like that of the
Government he serves, is abject. This is Mr Cameron's moment. And it
is not just victory that awaits him if he seizes it, but success." -
Simon Heffer in the Daily Telegraph
"This is a horror story. But it could, of course, be worse: the
economy may not recover as hoped; losses on support for the banks
could, as the International Monetary Fund suggests, be far bigger
than the 3.5 per cent of GDP now expected; and, above all, the
creditworthiness of the British government could come into question,
with devastating consequences. The government is flying on a wing and
a prayer." - Martin Wolf in the FT
"Yesterday's Budget statement was a demeaning mixture of bogus
initiatives, outright dishonesty and low political stratagem. At a
time of crisis, this pathetic Chancellor offered gimmick rather than
substance and preferred comforting falsehoods to the difficult and
uncomfortable truth." - Peter Oborne in the Daily Mail
"This was a cheap budget delivered in a manner unworthy of a man with
the title of chancellor of the exchequer. There was no strategy, just
a series of cheap and recycled announcements. It was a political
budget in that he shamelessly appealed to the Labour party's happy
little band of envy warriors." - Iain Dale writing in The Guardian
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FRONT PAGES - Main Headlines 22.4.09
TELEGRAPH - Return of Class War
MAIL - Alistair in Wonderland
INDEPENDENT - Age of New Labour draws to a close [nb web main story
- front page not available]
GUARDIAN -Darling’s great squeeze
EXPRESS - They’ve ruined Britain
TIMES - Red all over
SUN - At least it’s sunny
MIRROR - Robin Good
FINANCIAL TIMES - Darling gambles on growth
STAR - Gord help us all
HERALD (Glasgow) - £703 bn: A decade of debt
Thursday, 23 April 2009
Posted by Britannia Radio at 14:59