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mere government overspendingLSE Blogs
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75% Informative
Rachel Reeves announced the discovery of a black hole’ in the public finances, and blamed the previous Government for concealing it.
Jo Michell argues that the use of such metaphors to describe public finances is misleading and leads to damaging and inaccurate narratives about the economy, which in turn produce bad policies.
Labour will have to accept higher taxes and higher borrowing if further cuts to government services are to be avoided.
Keir Starmer repeatedly accused the Conservatives of “maxing out the credit card” while in opposition.
But the language of black holes, maxed-out credit cards and household budgeting is that of over-caffeinated journalists, not sober politicians.
If Reeves decides instead to hide political choices behind sensationalised claims and misleading equivalences, there is a real danger that fourteen lost years turns into two lost decades . All articles posted on this blog give the views of the author(s), and not the position of LSE British Politics and Policy , nor of the London School of Economics and Political Science . Image credit: Martin Suker on Shutterstock ..
VR Score
76
Informative language
73
Neutral language
34
Article tone
informal
Language
English
Language complexity
58
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
28
Source diversity
17
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