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Forget Osborne. It was Miliband's afternoon, says Mehdi Hasan

Miliband can do it - give him a chance.

Forget the Budget. As the IPPR's Will Straw pointed out on Twitter:

What a waste of an hour. Nothing in the #Budget that hadnt been leaked.

Indeed. The Hugh Dalton era is well and truly over. George Osborne stood at the despatch box, with his glass of water, and performed a glorified version of a TV-news-channel paper review, confirming the various leaks and briefings to the press - from the cut in the top rate of tax to the increase in the tax allowance. But there was no still no sign of a stimulus package; no plan for growth. The Osborne slump continues.

The economics, therefore, took a backseat to the politics. This was, after all, yet another test for Ed Miliband. How would he perform? What would he say? How would he sound? The coalition's bizarre decision to slash the popular 50p top rate of tax, in particular, presented the leader of the opposition with an open goal - and, this time, he didn't miss. He looked - and sounded - confident; his opponents, the Prime Minister and the Chancellor, looked exasperated and annoyed as they sat and listened.

Miliband had facts:

What did the Chancellor say in August last year about America's more balanced deficit plan:

"Those who spent the whole of the past year telling us to follow the American example need to answer this simple question: why has the US economy grown more slowly than the UK economy?"

Mr Deputy Speaker, the numbers are in.

And the Chancellor is plain wrong.

The US economy grew at 1.7% last year, twice the rate of ours.

This Government have run out of excuses.

He had outrage:

Under his tax cut, a banker earning five million pounds will get an extra £240,000 a year.

Let's call this what it really is:

The Government's very own bankers' bonus.

He had humour:

It is great to support the great British success stories like Downton Abbey.

A tale of a group of out of touch millionaires.

Who act like they're born to rule.

But turn out to be no good at it.

Sound familiar Mr Deputy Speaker?

We all know it's a costume drama.

They think it's a fly on the wall documentary.

My own favourite gag/trick was when the Labour leader asked members of the coalition cabinet, seated opposite him, to raise their hands if they would be personally benefiting from the cut in the 50p top rate of tax. It was a cheap shot - but it hit home. Millionaire ministers shifted uneasily in their seats; some - I'm looking at you William Hague and George Young! - looked away and pretended not to hear. "Just nod," proclaimed Miliband, deploying a favourite put-down of the Prime Minister to great effect.

It was, in my view, a brilliant speech - especially given how difficult and awkward it is for leaders of the opposition to respond to Budget statements in the Commons, at such short notice. One friend of Miliband told me: "We were pretty pleased." Well, that's an understatement! Another source close to the Labour leader said the speech was a "group effort" but that "Ed and Torsten [Henricson-Bell, Miliband's economics adviser and the Labour Party's new director of policy] get most credit" for writing it. If only his conference speech had been delivered with such gusto. . .

The former Labour minister and ardent Blairite, George Foulkes, who backed David Miliband in the 2010 leadership contest, tweeted:

Ed Miliband has delivered the best Budget response I have heard from Opposition Leaders in 33 years in Parliament.

Brother David joined the tributes, with this brief tweet:

Excellent Budget response by Ed

The pessimists and defeatists on the Labour front and backbenches should take note not just of the dismal failure of the coalition's austerity measures - which some of the more right-wing among them would like to ape and emulate - but also their leader's bravura performance this afternoon. Yes, I admit: they are few and far between; far too few for my liking. But Miliband can do it. So, as I've said before, give him a chance.

 

 

Mehdi Hasan is a contributing writer for the New Statesman and the co-author of Ed: The Milibands and the Making of a Labour Leader. He was the New Statesman's senior editor (politics) from 2009-12.

Photo: Getty
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Donald Trump's inauguration signals the start of a new and more unstable era

A century in which the world's hegemonic power was a rational actor is about to give way to a more terrifying reality. 

For close to a century, the United States of America has been the world’s paramount superpower, one motivated by, for good and for bad, a rational and predictable series of motivations around its interests and a commitment to a rules-based global order, albeit one caveated by an awareness of the limits of enforcing that against other world powers.

We are now entering a period in which the world’s paramount superpower is neither led by a rational or predictable actor, has no commitment to a rules-based order, and to an extent it has any guiding principle, they are those set forward in Donald Trump’s inaugural: “we will follow two simple rules: hire American and buy American”, “from this day forth, it’s going to be America first, only America first”.

That means that the jousting between Trump and China will only intensify now that he is in office.  The possibility not only of a trade war, but of a hot war, between the two should not be ruled out.

We also have another signal – if it were needed – that he intends to turn a blind eye to the actions of autocrats around the world.

What does that mean for Brexit? It confirms that those who greeted the news that an US-UK trade deal is a “priority” for the incoming administration, including Theresa May, who described Britain as “front of the queue” for a deal with Trump’s America, should prepare themselves for disappointment.

For Europe in general, it confirms what should already been apparent: the nations of Europe are going to have be much, much more self-reliant in terms of their own security. That increases Britain’s leverage as far as the Brexit talks are concerned, in that Britain’s outsized defence spending will allow it acquire goodwill and trade favours in exchange for its role protecting the European Union’s Eastern border.

That might allow May a better deal out of Brexit than she might have got under Hillary Clinton. But there’s a reason why Trump has increased Britain’s heft as far as security and defence are concerned: it’s because his presidency ushers in an era in which we are all much, much less secure. 

Stephen Bush is special correspondent at the New Statesman. His daily briefing, Morning Call, provides a quick and essential guide to British politics.