Count your fingers
Already the completely irresponsible spinning has started and inadequate journalism is failing to deal with it.
The government is now talking about cuts to income tax, when it has already hardwired in massive hikes in income tax for years ahead including changes that will force many of the poorest to pay it for the first time.
Then we have the spin doctors telling anyone stupid enough to listen that the government has the money available for any small give aways that it can announce tomorrow.
But today’s public borrowing figures from the ONS show that in the year-to-October borrowing was £98.3 billion, £21.9 billion more than in the same seven-month period last year, but £16.9 billion less than the £115.2 billion forecast by the Office for Budget Responsibility (OBR) in March.
Reawakening the ghost of Margaret Thatcher to justify tax cuts when the state is falling apart and still borrowing 100’s of billions a year is a cynical farce.
Let us try to remember that when we listen to the Autumn statement and read the headlines afterwards.
Economics, trade and Brexit, not necessarily in that order but the dog always comes first.
By Jonty Bloom Media