Did you miss the budget then, where it was stated that whatever needed to be spent would be spent. Even Corbyn had nothing to complain about....
I saw the budget and in general I think it was a sensible budget. Clearly Cummings faction is winning out against the neoliberal faction of the Tories and there will be a substantial move to borrow and spend. It's a form of Keynesianism, and given how low interest rates are, it's hard to say it's not a sensible approach even pragmatically.
I think it has proven what John Mcdonnell has said to be correct really. People mocked Corbyn when he said he won the argument, but that budget confirms it really. Pre 2017 the Conservatives fought on a platform that there was "no magic money tree" and came out the other side by borrowing more money than any administration has in decades (including New Labour).
I always remember Margaret Thatcher saying her biggest achievement was New Labour. You can obviously read that in the ay that Blair et al were essentially Thatcherites (which is quite a fair reading in my view). But more than that, that it's a positive if you force your opponents to adopt your clothes to win. In the longer term this is a very positive move. 97 was a high water point for Labour and they have been on the down slope ever since.
The point I'd make though, is that the measures announced in the budget hardly touch the sides of whats required for Corona Virus. I mean the measures will be a sticking plaster against very serious issues that have emerged after 10 years of a floored aspiration of chasing closing the budget deficit. The debt is now substantially higher than ever, and we've achieved nothing in doing so, is metaphorically drinking from the unending cup. The level of investment required for this crisis goes qualitatively beyond the relatively moderate measures put in place in the budget.
That is what is going to terrify the Conservatives at this point. They've managed the spectacle very badly, and re-enforced a perception of Johnson as a bit of a joker who's not really up to the job. I don't think they have the strength to replicate the sort of measures say Roosevelt managed in the 30's in America. Getting that past the neb-liberals in the coalition will prove much too difficult.
I think there will be deep divides within the organisation. From brief conversations I've had with some Conservatives, I have been surprised at the complacency they have shown. Their are choppy waters ahead. In truth I have really underestimated just how choppy those waters are, and how ineffective they look to be at crossing them.
2. Why would the member states need "green-lighting"? lol
