McDonnell advisor: Fiscal charter ‘just a stunt'
MPs are set to vote on George Osborne’s fiscal charter, which would force future governments to run a budget surplus.
David Blanchflower, an economic advisor to shadow chancellor John Mcdonnell, told the Today programme that Mr Osborne’s charter is of “no obvious economic benefit” and lacks flexibility.
Mr Blanchflower, a former member of the Bank of England's monetary policy committee, added:
“Playing silly stunts and making up rules that nobody is going to obey is not the right thing to do.”
Duration:
This clip is from
More clips from 14/10/2015
-
Can street art change the world?
Duration: 01:32
-
Kevin Pietersen: Difficult for England players to ask me advice
Duration: 01:15
-
I can't remember more than 90 mins ago
Duration: 04:36
More clips from Today
-
Jeremy Bowen: Chances of peace in the Middle East
Duration: 10:01
-
ChatGPT to allow erotica for verified adults - OpenAI boss
Duration: 03:09
-
Tim Curry on stardom and life after having a stroke
Duration: 04:41
-
Badenoch wants PM to address China spy case questions
Duration: 02:50