{"id":9963,"date":"2016-03-16T18:15:00","date_gmt":"2016-03-16T16:15:00","guid":{"rendered":"http:\/\/www.malcolmblair-robinson.co.uk\/wordpress\/?p=9963"},"modified":"2016-03-16T18:15:00","modified_gmt":"2016-03-16T16:15:00","slug":"budget-early-reaction","status":"publish","type":"post","link":"https:\/\/www.malcolmblair-robinson.co.uk\/wordpress\/?p=9963","title":{"rendered":"Budget: Early Reaction"},"content":{"rendered":"<p style=\"text-align: justify;\">If confidence and rhetoric were elements of GDP the UK would be flying high on Osborne&#8217;s Treasury regime. But at first sight today the chronic difficulty of over estimating growth and tax receipts and the under-estimate of costs of\u00a0essential expenses remain problems unresolved. So, as predicted, his previous forecasts have again been proved wrong. Beyond that this blog has a policy of not commentating on Osborne&#8217;s budgets straight\u00a0away. In takes a few days for the devil to emerge from the detail and for key figures to unravel.<\/p>\n<p style=\"text-align: justify;\">There is no more difficult role than the Leader of the Opposition jumping up and replying to the Chancellor&#8217;s speech, without the ability to prepare any more than an outline in advance. For that reason few historically are worth remembering. Corbyn&#8217;s effort today was surprisingly robust and detailed. It will have done him no harm and while it will most likely not be remembered, it certainly won&#8217;t be remembered because he fluffed it. He\u00a0actually did rather well.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>If confidence and rhetoric were elements of GDP the UK would be flying high on Osborne&#8217;s Treasury regime. But at first sight today the chronic difficulty of over estimating growth and tax receipts and the under-estimate of costs of\u00a0essential expenses remain problems unresolved. So, as predicted, his previous forecasts have again been proved wrong. Beyond [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-9963","post","type-post","status-publish","format-standard","hentry","category-malcolm-blair-robinson"],"_links":{"self":[{"href":"https:\/\/www.malcolmblair-robinson.co.uk\/wordpress\/index.php?rest_route=\/wp\/v2\/posts\/9963","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.malcolmblair-robinson.co.uk\/wordpress\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.malcolmblair-robinson.co.uk\/wordpress\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.malcolmblair-robinson.co.uk\/wordpress\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.malcolmblair-robinson.co.uk\/wordpress\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=9963"}],"version-history":[{"count":2,"href":"https:\/\/www.malcolmblair-robinson.co.uk\/wordpress\/index.php?rest_route=\/wp\/v2\/posts\/9963\/revisions"}],"predecessor-version":[{"id":9965,"href":"https:\/\/www.malcolmblair-robinson.co.uk\/wordpress\/index.php?rest_route=\/wp\/v2\/posts\/9963\/revisions\/9965"}],"wp:attachment":[{"href":"https:\/\/www.malcolmblair-robinson.co.uk\/wordpress\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=9963"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.malcolmblair-robinson.co.uk\/wordpress\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=9963"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.malcolmblair-robinson.co.uk\/wordpress\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=9963"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}