Will Hutton is right to say that there is too much talk from Labour about “iron fiscal responsibility, tough choices and grim outlook”, and “not enough on hope” (“Bidenomics is beginning to pay off. Starmer needs to keep the faith and lift the gloom”, Comment).
Tony Blair’s “political framing” was indeed far more inspiring than the one currently being presented by Keir Starmer, even though its authenticity evaporated within weeks of his being in office. Starmer’s “variant on Bidenomics” should lead to increased business investment and economic growth, but the faith the Labour leadership has in trickledown economics has to be modified if it’s to prove a vote-winner.
