Thought Shrapnel

I don’t even have words for how bad the last 14 years have been under the Tories. Thankfully, people who do have the words have written some of them down.

This piece in The New Yorker is very long, but even just reading some of it will help those outside the UK understand what is going on, and those inside it hold your head in shame.

Some people insisted that the past decade and a half of British politics resists satisfying explanation. The only way to think about it is as a psychodrama enacted, for the most part, by a small group of middle-aged men who went to élite private schools, studied at the University of Oxford, and have been climbing and chucking one another off the ladder of British public life—the cursus honorum, as Johnson once called it—ever since.

[…]

These have been years of loss and waste. The U.K. has yet to recover from the financial crisis that began in 2008. According to one estimate, the average worker is now fourteen thousand pounds worse off per year than if earnings had continued to rise at pre-crisis rates—it is the worst period for wage growth since the Napoleonic Wars. “Nobody who’s alive and working in the British economy today has ever seen anything like this,” Torsten Bell, the chief executive of the Resolution Foundation, which published the analysis, told the BBC last year. “This is what failure looks like.”

[…]

“Austerity” is now a contested term. Plenty of Conservatives question whether it really happened. So it is worth being clear: between 2010 and 2019, British public spending fell from about forty-one per cent of G.D.P. to thirty-five per cent. The Office of Budget Responsibility, the equivalent of the American Congressional Budget Office, describes what came to be known as Plan A as “one of the biggest deficit reduction programmes seen in any advanced economy since World War II.” Governments across Europe pursued fiscal consolidation, but the British version was distinct for its emphasis on shrinking the state rather than raising taxes.

Like the choice of the word itself, austerity was politically calculated. Huge areas of public spending—on the N.H.S. and education—were nominally maintained. Pensions and international aid became more generous, to show that British compassion was not dead. But protecting some parts of the state meant sacrificing the rest: the courts, the prisons, police budgets, wildlife departments, rural buses, care for the elderly, youth programs, road maintenance, public health, the diplomatic corps.

In the accident theory of Brexit, leaving the E.U. has turned out to be a puncture rather than a catastrophe: a falloff in trade; a return of forgotten bureaucracy with our near neighbors; an exodus of financial jobs from London; a misalignment in the world. “There is a sort of problem for the British state, including Labour as well as all these Tory governments since 2016, which is that they are having to live a lie,” as Osborne, who voted Remain, said. “It’s a bit like tractor-production figures in the Soviet Union. You have to sort of pretend that this thing is working, and everyone in the system knows it isn’t.”

Source: The New Yorker