Conservative MPs frequently say that the Conservatives are the party of ‘hardworking people’, and the Labour Party is ‘the party of welfare’. It’s said as an accusation, an insult, and many Labour MPs take it as such, attempting to deny the charge as if it’s something to be ashamed of.
George Osborne’s budget speech rang very hollow with people who aren’t feeling any evidence of economic recovery. And the recovery, such as it is, appears to be based mainly on consumer spending, which is puzzling when so many people are struggling to make ends meet. But there may be several factors contributing to this spending which should sound alarm bells.