- Aditya Chakrabortty sums up George Osborne's legacy - and give or take a Brexit vote, it looks awfully familiar for corporatist governments in general:
The multi-million-pound spending spree wasn’t justifiable, admitted Osborne, according to Laws’ recent memoir, Coalition. “It will only really be of help to stupid, affluent and lazy people, who can’t be bothered to put their savings away into tax-efficient vehicles!” said Osborne. “But it will still be very popular – we have polled it.”- Jeffrey Sachs, Brooke Güven and Lisa Sachs point to TransCanada's claim against the U.S. for rejecting Keystone XL as a prime example of how trade agreements give the corporate sector unacceptable power over governments acting in the public interest.
Disabled people could kill themselves to put an end to the government’s reign of terror, and the chancellor would shrug. Working-class kids could live on foodbank lunches and ministers would claim they had no alternative. But shovelling cash at the people seen as undeserving by their very own benefactor? That, Mr Austerity would happily do. Anything to buy votes.
Osborne’s fiscal rules have been either broken or discarded, and where their replacement should be is instead a complete vacuum. The man praised for his “strategic grip” by his former permanent secretary admitted last month that he hadn’t bothered coming up with a post-Brexit strategy. Britain is adrift in what could be the choppiest waters in decades without a fiscal policy, a paddle – or even a map.
None of this is accidental. All of it could have been foreseen – indeed, was foreseen by some of us. But it is the direct result of a sniggering callousness that punished the poor while rewarding the rich, that promised greater power for the provinces while shunting ever more money to central London, that bilked the young of their futures while bribing their grandparents all the way to the ballot box.
- Peter Hannam reports on Australia's problem with abandoned gas wells, showing that the resource industry's expectation of being able to take profits while leaving messes for someone else to clean up is far from unique to Canada. And Natasha Geiling finds industry spokesflacks again trying to claim that oil spills are an economic plus due to the work involved in cleaning them up.
- Mia Rabson discusses how criticism of people living in poverty is generally based on nothing but ignorance and misinformation.
- Finally Doug Cuthand writes that it's long past time to start reversing the damage done by the Cons' dumb-on-crime agenda. But it's worth noting that as in so many other areas, that means more than just resetting laws to where they stood before while allowing their consequences to remain in place.