
Tories Crash The Economy
The Owen Jones Podcast
00:00
The Budget Wasn't Accompanied by an Economic Forecast
Tax cuts overwhelmingly flowed to the most well off. On average, if you are in the poorest five or ten % of the population,. you either won't benefit at all, or an average, might benefit by a bit less than a hundred pounds a year. That compares to about eight and a half grand on average for the top ten percent. And that has been paid for in the near term, essentially by government borrowing. So government has borrowed er, and it is then handed out this cash. And crucially, it hasn't told us what it's going to do next. The budget wasn't accompanied by economic forecast. It wasn't accompanied with an explanation of how the strategy government has
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