Soon, we are likely to need a braver chancellor than this one – Peter Obone – Telegraph

English: George Osborne MP, pictured speaking ...

English: George Osborne MP, pictured speaking on the launch of the Conservative Party manifesto for the 2009 European Parliament elections, at Keele University. (805×1207 px, 283,711 bytes) (Photo credit: Wikipedia)

This is a thoughtful and hard-hitting article from Peter Obone, published in the Telegraph. It’s an EXCELLENT READ, in my view. Check it out!

via Soon, we are likely to need a braver chancellor than this one – Telegraph.

Let me give you a flavor:

We will soon need a chancellor with the will and the guts to make the big cuts in the major spending departments. That means targeting pensioners, tackling the National Health Service, shaving foreign aid and seriously cutting the welfare bill.

I agree with Peter Obone here. George Osborne is still playing politics and is very weak on real economic leadership for the UK; look at the results!

What about you, any thoughts?

English: East entrance of HM Treasury Français...

English: East entrance of HM Treasury Français : Entrée Est de HM Treasury (Photo credit: Wikipedia)


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7 responses

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  6. Rodney,

    Many thanks for your thoughtful comment.

    With respect, I very much disagree.

    Chancellor’s Osborne must only be judged on his results whilst in office, not on his smoke and mirrors tactics.

    I still very much agree with Peter Obone that George Osborne has not been effective enough in cutting the Public Sector. What about opportunities for consolidation, outsourcing and off-shoring?

    As a Chancellor, in my mind, Osborne just has not been effective; what about his plans for private sector growth? They have failed. Look back to what he said in 2010. His problems are about his poor economic judgement and weakness in wielding the knife – just like Peter Obone highlighted. All along, Osborne has been dabbling with Conservative Party Strategy and not been totally focused on economic management.


  7. It’s all very fine and dandy for Mr Oborne to make these comments but the Chancellor faces a unique problem. Democracy is the enemy of long term planning (which is one of the reasons why democracy is failing us now). Add to that the fact that other members of the Cabinet (the LD’s) refuse to endorse any long term plans as they wish to keep all their options open to jump whichever way suits them best at the next election and you arrive at a point where no Chancellor has been before.
    My guess is that Mr Osborne (what a difference two letter make!) is well aware of the needs at outlined by Mr Obone and shares the same aspirations. However, aspirations are one thing: political reality is another. Mr Obone can afford a handful of aspirations as nobody is going to call him but Mr Osborne has to take the country with him. Whilst I am no fan of his, I do not believe the job could have been done any better and I do believe that Mr Osborne has shown great guts in sticking to the job despite all the jeers and criticism. Could anyone else have done better whilst keeping the support of the Cabinet?

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