Show 269 - Paul Johnson (IFS) - *Spring Statement Special*
Matt Forde's Political Party
The Political Party
4.7 • 2.2K Ratings
🗓️ 25 March 2022
⏱️ 52 minutes
🧾️ Download transcript
Summary
Strap in for the best briefing on the Spring Statement you're going to get. Paul Johnson from the IFS returns to explain everything. This is an enthralling independent analysis of Rishi Sunak's announcements this week and the impact they're likely to have. More than that, it puts the public finances and the current global economic forces into context. How does this crisis compare to the 1970s and 1990s? What can the Bank of England really do about inflation? Would a windfall tax on energy companies work? Will the fuel tax cut have any effect? Paul answers all these questions and more in his typically brilliant way.
Follow Paul here: @PJTheEconomist
Read The IFS' Spring Statement coverage here: https://ifs.org.uk/spring-statement-2022
Buy tickets to The Political Party, live at The Duchess Theatre including the next show with JAMES CLEVERLY on Monday 4 April here: https://www.nimaxtheatres.com/shows/the-political-party-with-matt-forde/
Buy tickets to Matt's brand new stand-up show Clowns To The Left Of Me, Jokers to the Right, touring across the UK including at The Bloomsbury Theatre on Saturday 23 April: https://www.mattforde.com/2022tour
Forthcoming guests at The Political Party include:
4 April: James Cleverly
11 April: Jacob Rees-Mogg and Rosena Allin-Khan
18 April: Rosie Duffield
16 May: Lisa Nandy
13 June: Gary Neville
27 June: David Davis
Email the show: politicalpartypodcast@gmail.com
Follow Matt on Twitter: @mattforde
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Transcript
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| 0:00.0 | Hello and welcome to the political party. This is a special episode analysing the chance |
| 0:14.0 | of the spring statement with Paul Johnson from the IFS. Now you may remember Paul was on last |
| 0:18.1 | year and he is the best person for explaining what budgets and spring statements mean because |
| 0:24.0 | he cuts through all the politics, gives it to you straight in very clear terms and this is a |
| 0:29.4 | fantastic impartial analysis of what Rishi Soonach statement this week means what the effect of it |
| 0:35.3 | will be and some of the economic realities are not just tied to the statement but over the last |
| 0:40.4 | few years and looking ahead in the medium term and what the effect of all this will be and just the |
| 0:44.4 | realities of dealing with inflation and what the Bank of England can do. This is just a phenomenal |
| 0:49.5 | this is like having a really good I'm sure I said this last time but it is that having a great |
| 0:53.5 | economic tutor where you can just ask them anything and they tell you where it is in a style in which |
| 0:58.5 | you completely understand this is a phenomenal education on the state of our public finances, |
| 1:04.0 | the political and economic choices that Rishi Soonach has made since becoming chancellor whether |
| 1:08.4 | he's been consistent or not, the reality of who's paying what and what the effect of that will be |
| 1:14.6 | and some great stuff on Labour's proposed women full tax, it's just fantastic in just in general |
| 1:20.0 | because it's not just about the spring statement, it's about the economic realities facing us in |
| 1:24.7 | the next three or four years about our behaviour change and why that's impacting things, it's just |
| 1:28.9 | phenomenal, I could always talk to Paul for hours and hours and hours but he is a man much in demand |
| 1:34.4 | particularly on weeks like this and don't forget you can email the show political party podcast |
| 1:39.1 | gmail.com usually with stories of unusual encounters with politicians, I'm still getting tons of |
| 1:45.2 | messages about the Neil Kinneck and Tom Tugan hat episodes which Dan Jarvis got in touch now if |
| 1:50.7 | you haven't listened to the Tom Tugan hat episodes yet then I won't give anything away but |
| 1:56.4 | Tom tells the story about Dan Jarvis they both they both send to the armed forces they both |
... |
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