Six weeks ago, Boris Johnson dismissed the idea of using spending cuts to pay off Britain’s rapidly-inflating coronavirus debts. “I’ve never particularly liked the term that you just used to describe government economic policy and it will certainly not be part of our approach,” the prime minister told a reporter during a Downing Street press conference on 30 April. “Austerity, by the way, was the term you just used.”
At first glance, the explosion of state expenditure triggered by COVID-19 seems to have been embraced by the Conservative Party. According to the Office for Budget Responsibility, the UK’s deficit will hit 15 per cent of GDP by the end of 2020 and public debt will top 115 per cent by the middle of 2021. These are staggering figures — at the height of the 2008 financial crisis, Britain’s deficit didn’t exceed 11 per cent of GDP.
Nicola Sturgeon is having a good crisis — on paper, at least.
According to an Ipsos MORI poll published on May 26, 82 percent of Scots think the Scottish National Party (SNP) leader — who heads up Scotland’s semi-autonomous government in Edinburg — is handling the coronavirus outbreak well and a further 78 percent believe her administration at Holyrood has made the right decisions over the course of the pandemic.
STIRLING, Scotland—The constituency of Stirling sprawls across central Scotland, stretching from the Trossachs National Park in the west to the village of Fallin, at the tip of the Firth of Forth, in the east. An old adage dating back to the 14th century and the Anglo-Scottish Wars, states: “He who holds Stirling, holds Scotland.”
In 2019, that may still be the case.
Boris Johnson is beatable.
That’s the core lesson from the first few days of this general election campaign.