Morning Call: pick of the comment

The ten must-read pieces from this morning's papers.

1. The Tories will get burnt fighting fire with fire (Times)

Daniel Finkelstein says that negative campaigning could damage David Cameron's image with the voters. The media focus on the Tories is an opportunity, not a threat.

2. Can anyone explain what the Conservative Party stands for? (Daily Telegraph)

Simon Heffer is not impressed with the way Cameron has moved power of decision-making in the party to the centre. In the absence of the old, core right-wing policies, the Tories lack clarity and direction, and are haemorrhaging support to fringe parties.

3. Bashing the rich won't work for Obama. But other rallying cries might (Guardian)

Obama is shrewd not to inveigh against the bankers, says Michael Tomasky. It would be better to make his cause by reminding America of the good things that the government does, and who higher taxes will help.

4. Passport to the truth in Dubai remains secret (Independent)

Whoever killed the Hamas official in Dubai is still playing an old, dirty war, says Robert Fisk. Now we must look beneath the propaganda for the truth.

5. How to walk the fiscal tightrope that lies before us (Financial Times)

Martin Wolf warns that huge fiscal tightening could tip much of the world back into recession. We must make it one of our priorities to let the private sector heal.

6. Power to the people -- and trust them too (Times)

James Purnell and Jim Murphy renew calls for a radical Labour manifesto. The party has lost faith in its communal roots, they say, but the public can be trusted to make the right decisions.

7. Why is our anti-war outrage muted at this Afghan folly? (Guardian)

Even doubters seem to be giving the military intervention one last chance, says John Kampfner, but there is little confidence it will succeed.

8. The year China showed its claws (Financial Times)

David Shambaugh looks at what lies behind Beijing's new assertiveness. Is it a case of true colours showing, a display of nationalism in the run-up to a change of leadership, or a sign of confidence gained from the vindication of the Chinese development model?

9. The Bank of England is right to hold its nerve (Independent)

Inflation is proving sticky, but it is premature to tighten monetary policy, says the main leader.

10. Hostage to hot air (Guardian)

Isabel Hilton says that the climate debate in the United States is mired in political weakness and infighting, setting the tone for unconstructive global negotiations.

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Why Labour's rise could threaten Nicola Sturgeon's independence dream

As the First Minister shelves plans for a second vote, does she join the list of politicians who bet on an anti-Brexit dividend that failed to materialise?

The nights are getting longer, and so are generations. The independence referendum sequel will happen after, not before the Brexit process is complete, Nicola Sturgeon announced yesterday.

It means that Scottish Remainers will not have the opportunity to seamlessly move from being part of a United Kingdom in the European Union to an independent Scotland in the European Union. Because of the ongoing drama surrounding Theresa May, we've lost sight of what a bad night the SNP had on 8 June. Not just because they lost 21 of the 56 seats they were defending, including that of their leader in Westminster, Angus Robertson, and their former leader, Alex Salmond. They also have no truly safe seats left – having gone from the average SNP MP sitting on a majority of more than 10,000 to an average of just 2,521.

As Sturgeon conceded in her statement, there is an element of referendum fatigue in Scotland, which contributed to the loss. Does she now join the list of politicians – Tim Farron being one, and Owen Smith the other – who bet on an anti-Brexit dividend that failed to materialise?

I'm not so sure. Of all the shocks on election night, what happened to the SNP was in many ways the least surprising and most long-advertised. We knew from the 2016 Holyrood elections – before the SNP had committed to a referendum by March 2019 – that No voters were getting better at voting tactically to defeat the SNP, which was helping all the Unionist parties outperform their vote share. We saw that in the local elections earlier this year, too. We knew, too, that the biggest beneficiaries of that shift were the Scottish Conservatives.

So in many ways, what happened at the election was part of a bigger trend that Sturgeon was betting on a wave of anger at the Brexit vote. If we get a bad Brexit deal, or worse, no deal at all, then it may turn out that Sturgeon's problem was simply that this election came a little too early.

The bigger problem for the Yes side isn't what happened to the SNP's MPs – they can undo that with a strong showing at the Holyrood elections in 2021 or at Westminster in 2022. The big problem is what happened to the Labour Party across the United Kingdom.

One of Better Together's big advantages in 2014 is that, regardless of whether you voted for the Conservatives, the Liberal Democrats or the Labour Party, if you believed the polls, you had a pretty reasonable expectation that your type of politics would be represented in the government of Britain sometime soon.

For the last two years, the polls, local elections and by-elections have all suggested that the only people in Scotland who could have that expectation were Conservatives. Bluntly: the day after the local elections, Labour and the Liberal Democrats looked to be decades from power, and the best way to get a centre-left government looked to be a Yes vote. The day after the general election, both parties could hope to be in government within six months.

As Tommy Sheppard, the SNP MP for Edinburgh East, observed in a smart column for the Herald after the election, one of the reasons why the SNP lost votes was that Corbyn's manifesto took some of the optimistic vote that they gobbled up in 2014 and 2015.

And while Brexit may yet sour enough to make Nicola Sturgeon's second referendum more appealing on that ground, the transformation in Labour's position over the course of the election campaign is a much bigger problem for the SNP.

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

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