Economist Destroys Tory Budget
The Owen Jones Podcast
Owen Jones
4.4 • 1.4K Ratings
🗓️ 16 March 2023
⏱️ 14 minutes
🧾️ Download transcript
Summary
You're going to hear a lot of nonsense about the Tories' latest Budget - so here is the truth. Brilliant economist James Meadway clearly explains why this Budget offers bungs to the rich, leaves Britain with stagnating growth and falling wages, and explains why further crisis looms on the horizon. Everything you need to know in less than 14 minutes!
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Transcript
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| 0:24.9 | by QS World University Rankings at rca.ac.uk |
| 0:32.4 | The tour we chance the Jamie Hunt has just done his latest budget |
| 0:35.6 | and I'm joined by the brilliant economist James Meadway. |
| 0:38.0 | He was the author of the cost of living crisis and how to get out of it |
| 0:40.8 | and also the host of the brilliant podcast, Matrodose. |
| 0:43.6 | And he's going to tear it apart. |
| 0:45.1 | That's what's going to happen. |
| 0:45.8 | James, no pressure. |
| 0:47.0 | Firstly, what's the problem? |
| 0:49.2 | OBR, the office for budget responsibility. |
| 0:51.6 | They forecast no recession this year, |
| 0:53.7 | which everyone's going on about. |
| 0:55.2 | Inflation will fall to 2.9% this year. |
| 0:58.4 | Hallelujah, everything's fine. |
| 1:00.6 | Well, first of all, these are forecasts. |
... |
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