Friday 5 July 2019

The sheer Tory entitlement


It doesn't matter how badly you fail in life, if you're born into the gilded British establishment class then you'll be given once chance after another to completely screw even more things up.

Just look at the state of George Osborne. Only the most brainwashed of Tory tribalists could even try to argue that his six year tenure as Chancellor of the Exchequer was anything but a disaster for the British economy.
  • He missed every economic target he set himself, most notably the promise that austerity fanaticism would have completely eliminated the budget deficit by early 2015. It's well over four years past his deadline, he's been gone for three years, and it's still nowhere near eradicated.
  • After only a few years of austerity stagnation even devoutly neoliberal economic organisations like the OECD and the IMF were warning against the ideological fanaticism of austerity cuts, but Osborne soldiered on regardless.
After losing his job as Chancellor and quitting as an MP Osborne took up a number of jobs. Several of them look just like the kind of highly-paid corporate directorship bribes you'd expect him to receive after carving up so many public assets to give away to city spivs, and slashing Corporation Tax to by far the lowest rate in the G7. But becoming Editor of the London Evening Standard was quite a surprise given his absolute lack of experience in the newspaper trade.

Within a couple of years in the Evening Standard job Osborne has reduced a slightly profitable news outlet into an extraordinary money-burning pit, losing a staggering £23 million in the last two years.

But now Christine Lagarde is potentially moving on as head of the IMF for a position in the EU, George Osborne and his cheerleaders are promoting him as her replacement!

The absolute entitlement of it is staggering. His incompetence as Chancellor will go down in economic history as a lesson in exactly what not to do after a crisis, his tenure at the Evening Standard is an absolute joke, and here he is pushing himself forward for one of the top economics jobs on the planet!

presumably the rest of the world will piss themselves laughing at the idea of the most incompetent British finance minister in living memory fancying himself for such a job, but that hasn't stopped the Tory press from championing the idea as if they actually see him as some kind of magnificent economic genius, rather than a living embodiment of Britain's dangerous subservience to over-entitled and under-qualified Tory toffs.

What a country we live in where poor and ordinary people experience one barrier after another to progression no matter how capable they are (sexism, racism, classism, regionalism, homophobia, lack of old school connections ...) while those born into the gilded establishment class can stumble from one unbelievably catastrophic cock-up to another, and remain perfectly confident that there's always another high profile and lavishly remunerated position for them to waltz into.

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11 comments:

Paul Carter said...

Words like 'lunatic', 'taking-over',and 'asylum' immediately spring to mind.

JMonaghan said...

George Osbourne in charge of the IMF would definitely be like putting the fox in charge of the chicken coup.

Anonymous said...

Typo: "pubic" service cuts

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