What can we learn about the present Conservative leadership from the two great fiascos of George Osborne’s chancellorship? The child benefit cut debacle – as yet unresolved, in spite of a half-baked attempt to ameliorate its effect – has been followed and almost eclipsed by the Granny Grab. Ed Balls asked last week with feigned astonishment what on earth George was thinking. I think I may be able to help him there. When Mr Osborne makes the apparently bizarre decision to victimise two categories of people who might plausibly be seen to represent the very quintessence of Conservative virtue – traditional families with children and pensioners who try to provide for their own old age – he is, in fact, keeping to a carefully devised plan.
This programme is based on (or plagiarised from) the one that revived Labour from near-death and provided it with more than a decade of power, and which, as a result, has now been invested with near-magical properties by a generation of Tories who seem to have only the most superficial understanding of how it worked.