It’s not the bond markets Andy Burnham should be afraid of. It’s his own MPs | Aditya Chakrabortty
To stay popular with the public – and his backbenchers – he’ll need to make big changes fast. That means changing the way the government borrowsA Labour leader arrives, shirt and smile ironed into place, in his hands a big idea. He has polished one slogan, prepped three anecdotes, memorised eight bullet points. He wants more cash for vital services, or workers to have a stake in their employers, or to take some utility into public control. Not so big an idea, really, but, right on cue, the attac
It’s not the bond markets Andy Burnham should be afraid of. It’s his own MPs | Aditya Chakrabortty
Overview
To stay popular with the public – and his backbenchers – he’ll need to make big changes fast. That means changing the way the government borrows
A Labour leader arrives, shirt and smile ironed into place, in his hands a big idea. He has polished one slogan, prepped three anecdotes, memorised eight bullet points. He wants more cash for vital services, or workers to have a stake in their employers, or to take some utility into public control. Not so big an idea, really, but, right on cue, the attacks come from almost every side – breathless lobby reporters, sententious columnists, zombie Blairites. And they all agree on one fatal thing: the bond markets will never wear it.
Details
The death sentence having been pronounced, all that remains for the politician’s proposal is a pauper’s funeral.
Aditya Chakrabortty is a Guardian columnist
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Originally published at www.theguardian.com.
