Political Currency
EMQs: Who’s to blame for the state of the economy?
Mar 31, 2025
This week, the conversation heats up around the government’s economic strategies following the Spring Statement. Questions arise about Labour's ambitious fiscal rules and the implications of welfare reforms. Ed Balls and George Osborne debate the intricacies of fiscal policies amid global pressures. Tensions rise over Keir Starmer's provocative rhetoric as they examine its significance. The hosts also discuss the delicate relationship between living standards and political success, providing a thought-provoking look at the state's economic future.
37:26
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Quick takeaways
- The podcast emphasizes that government spending cuts, especially in welfare, significantly impact living standards and electoral success.
- A critical discussion on fiscal rules reveals the tension between policy flexibility and the need for economic stability amid changing circumstances.
Deep dives
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