Whilst your Leader did describe Osborne`s "hard
choices" as "increasingly self-inflicted", and rightly argued that the austerity
policies are "political choices" rather than economic necessities, it failed to
make the obvious point (Leader,27 November,2015). The so-called "hard choices",
which he boasts are now "paying off", are, in fact, the easiest decisions a Tory
chancellor can make. Cutting benefits for the poorest and most vulnerable in our
society, shielding his party`s key supporters from the effects of austerity,
refusing to make the wealthiest pay their fair share, and ignoring the need for
financial institutions to be strictly regulated are all default positions for
Osborne. What was difficult about selling RBS shares a few weeks ago for £1.1bn
less than their real value, just to benefit his hedge-fund friends?
What would be really "hard choices" would
include ones which increase fairness in the taxation system, like a "modest land
tax" or an increase in income tax for the wealthy, and which deal effectively
with tax avoidance by increasing co-operation in Europe, forcing multinationals
to file a single European tax return, and thereby offending the eurosceptics in
his own party. How can protecting pensioners, the majority of whom vote
Tory, from austerity be possibly thought of as a difficult decision? Joining the
majority of EU members in imposing a Financial Transaction tax next
January might be judged a difficult decision for him, but only because it
would offend many Tory donors. "Hard choices" for Osborne
would entail commitments which have the potential to upset Tory voters,
something that he is clearly reluctant to do; imposing austerity measures on
people traditionally regarded as Labour supporters, or non-voters, cannot be
described as such.
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