EMQs: Can we get young people back to work?

Political Currency

Persephonica

Business, Economy, George Osborne, Westminster, Politics, News, Money, Ed Balls

4 • 855 Ratings

🗓️ 10 February 2025

⏱️ 43 minutes

🔗️ Recording | iTunes | RSS

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Summary

This week, Ed Balls and George Osborne take on some of the most difficult challenges facing society today. With millions of people of working age not in a job - officially called economically inactive - the pair consider the current costs to society and how to fix them. Columnist for the Times and former MP Matthew Parris asks George directly: Didn’t he see this coming with the introduction of personal independence payments?

And the Office of Budget Responsibility is meant to be apolitical – but does the government of the day at least have a little sway on its forecast? And considering the size of public spending in the UK, is the Trump Administration’s Department of Government Efficiency, referred to as DOGE, even more relevant in this country?

Plus, how can psychology play a greater role in politics and policy …

You could have been listening to this episode of EMQs early and ad-free! And not only that… join Political Currency’s KITCHEN CABINET to enjoy early and ad-free listening, access to live EMQs recordings, and exclusive Political Currency merch.

Subscribe now: patreon.com/politicalcurrency

Production support: Caillin McDaid

Technical Producer: Danny Pape

Producer: Rosie Stopher and Miriam Hall

Executive Producers: Ellie Clifford

Political Currency is a Persephonica Production and is part of the Acast Creator Network.

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Transcript

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0:00.0	This episode is brought to you by EDF, Britain's biggest generator of zero carbon electricity.
0:06.8	At EGF, they say they're not just generating zero carbon electricity,
0:10.6	they're helping you save cash and carbon.
0:13.5	You could take EDF's Sunday saver challenge,
0:16.7	shift your weekday peak usage by 40%
0:19.4	and you could earn up to 16 hours of free electricity
0:22.7	to use the following Sunday. When you install solar panels and a battery with EDF, you could
0:28.3	pay zero for your electricity. EDF say they are leading the charge in zero carbon electricity.
0:34.1	They generate more British wind, nuclear and solar electricity than anyone else.
0:39.3	And if you drive an EV or electric vehicle, you can charge it overnight for under 10 pounds.
0:44.0	That's good for your wallet and for the planet.
0:46.2	Ready to save cash and carbon? As EDF say, change is in our power.
0:51.3	Find out more at edfenergy.com.
0:55.8	The Chancellor of the Exchequer.
0:59.8	Getting a lesson from the Shadow Chancellor in how to balance the books, it's like getting a lesson from Dracula and how to look after a blood bank. Ed Balls. As steady as she goes,
1:06.4	budget. What kind of ship does he think he's on, the Titanic? Themary, Celeste.
1:11.4	Welcome to EMQ's from Political Currency with Ed Balls and George Osborne.
1:19.8	Hello and welcome to EMQ's ex-minister's questions.
1:23.6	And I've got to say, there's a sort of, there's a bit of sort of, I don't know, something
1:27.6	hanging in the air, a bit of a thug in this room.
1:30.9	This is the hangover sandwich from Muzzi's Cafe around the corner here in Hotsdam that I've
1:36.5	just eaten.
	...

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