Why is the ‘cost of living’ almost impossible for the government to control?
Rock & Roll Politics with Steve Richards
Podmasters
4.7 • 909 Ratings
🗓️ 17 March 2026
⏱️ 39 minutes
🧾️ Download transcript
Summary
Energy prices soar and the British government watches on helplessly. If it were not energy costs, it might have been some other sector causing mayhem outside a single government’s control. Which is why prime ministers and chancellors are being too clunky when promising to address the cost of living, even if - understandably - it tops the list of voters’ concerns.
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Transcript
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| 0:00.0 | Hello and welcome to rock and roll politics, the podcast with me, Steve Richards. |
| 0:16.6 | Thanks a lot for tuning in because we have got a lot to cram in in our time together at the |
| 0:22.9 | beginning of the week. You begin a week full of energy and curiosity and end the week in the same |
| 0:29.9 | place at the moment because we have to follow things in such depth. If it's okay with all of you, |
| 0:35.6 | I'm going to focus on the theme of the cost of living |
| 0:40.3 | in inverted commas. And then we will go to some brilliant emails from members of the rock and roll |
| 0:47.2 | politics cooperative, delving deep on a whole range of issues. Before that, just a quick couple of notices. Those of you who subscribe to |
| 0:57.0 | Patreon, thank you. And there will be another bonus podcast coming along this week on the theme of |
| 1:03.6 | when prime ministers fall. And we're looking at those not who lose through a general election or who |
| 1:10.2 | have to go through ill health, but who have |
| 1:13.0 | been subjected to an internal coup. And the next one we're going to look at. We've looked at |
| 1:20.0 | Eden, who sort of was a victim of an internal coup, Thatcher, who most definitely was, |
| 1:27.3 | and then we go to one that I hesitated about |
| 1:31.2 | doing because it was sort of half an internal coup, but only half, Tony Blair, who resigned in |
| 1:39.1 | 2007 with a timetable partly set by those who wanted him out, although in a typically |
| 1:48.3 | third way manner, he sort of then set the timetable to his choosing. Anyway, it's really interesting. |
| 1:56.0 | It says a lot about that new labour period. So that will be coming hopefully this week or the beginning of next. |
| 2:03.2 | Yeah, and all the kind of live events coming. Oh, yeah, you know, I mentioned, I'm speaking at York |
| 2:09.0 | at the York Book Festival. And I checked it out and it will be a great event this. I've forgotten. |
| 2:16.8 | It's with Alan Johnson, because Alan Johnson, |
| 2:19.1 | the former cabinet minister, has written a short biography of Harold Wilson. I've written a short |
| 2:24.3 | biography of Tony Blair. And we're going to be talking about Wilson, Blair, and obviously |
... |
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