Friday, 1 April 2011

George Osborne is a reckless, incompetent fool

So, what else is new?

He blindsides the oil industry and on his cabinet colleagues by springing a massive new tax on them, jeopardising 40,000 jobs and £6.2bn of investment. And backtracking on his own promises.

Ed Balls begged him to switch to Plan B. that's based on the assumption he had a Plan A in the first place. One can't escape the feeling the man is making it up as he goes along.

1 - "George Osborne urged to drop North Sea windfall tax," by Patrick Wintour. Published in The Guardian, 31st of March, 2011. (http://www.guardian.co.uk/politics/2011/mar/31/george-osborne-north-sea-tax)

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