Osborne and Cameron have demeaned the UK and made themselves a laughing stock in Europe by kicking up a crisis which was never there about money due which they will have to pay and about which the Treasury at least (Osborne) knew all along. This was presented as a bolt from the blue, which it turned out not to be, and it is now being promoted as a triumph of reduction, when it is nothing of the kind.
This is disgraceful and shows a lack of maturity in the government as well as significant disrespect for voters who are expected into buy into this spin doctor’s nonsense. It has certainly rescued Milliband in the short term, he may be geeky but he is not this stupid, and it has made Balls look fiscally credible. Both of these things would have been thought impossible a week ago.
Dear me! It reminds us of the omnishambles budget.