Budget 2011: Welcome to Planet Osborne (Guardian)

There are a few rather crucial flaws in the chancellor's plans for Britain's future ... Britain can be the new Germany. That was the gist of George Osborne's second budget, in which he sketched out the changes that would be needed to transform clapped-out and debt-sodden Britain into a country that once again makes stuff. The chancellor has a gleaming vision of the future. No longer will the UK be Europe's offshore hedge fund, a paradise for the spivs and snake oil salesmen of the City peddling their worthless bits of paper. Instead, a new army of apprentices will troop off to work for environmentally friendly businesses supported by a Green Investment Bank. Out will go the economy dangerously skewed towards asset-price speculation. In will come an economy "carried aloft by the march of the makers". Marvellous stuff. Who could possibly argue with a better balanced Britain, one in which the workforce has better skills and small businesses are able to get access to the funds they need to set up a business? As Osborne went through his plans for a supply-side revolution, it was hard not to admire the beauty and elegance of what the ...Share With Friends: | | Politics - Top Stories Stories, RSS Feeds and Widgets via Feedzilla.

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