So now even New Labour is cutting spending and talking enthusiastically about efficiency savings. Unfortunately, this looks like too little, too late. Darling is having the most unenviable Chancellorship since Dennis Healey and I don't see the public rallying round to support him. The same is not true for the Tories. As I wrote today in the Yorkshire Post, a great opportunity beckons for George Osborne. As I said;
Timing is everything in politics and with a legacy in mind, George Osborne has the potential to be one of the great Chancellors of history. He will inherit a faltering economy ripe for reform and the certain knowledge that, for the first time in many years, public opinion will be with him. He can also call upon a wide range of earnest, dedicated centre-right think tanks and campaign groups that, in the last decade, have produced whole libraries full of publications and research on reforming the public sector and cutting its expenditure.
