The Capitalist Podcast: Burnham's trap
Andy Burnham is days away from becoming prime minister. According to economist Andrew Lilico, he’s inheriting an economy with almost no room left to manoeuvre – and a sense of personal virtue is no substitute for a plan, as the fate of his predecessor shows.
In this week’s episode of The Capitalist, Lilico joins Marc Sidwell to dissect the fiscal trap awaiting the new government. He argues Keir Starmer never had a theory of growth – and that Labour, having spent a decade assuming the Tories underspent, had no answer once they discovered the opposite was true.
On Burnham himself, Lilico is…
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