FT loses its motherloving mind with ill-advised rap-themed front page opinion piece

"Stay Middling And Retire Disappointed"

The FT has an incredible front-page opinion piece today. The print version has the headline "G-Dawg splashes out tax cuts like P Diddy with Dom Pérignon in his blingiest giveaway". Really:

The actual piece – which I so wanted to just cut and paste, because, wow - has more:

George Osborne could reinvent himself as a rapper if politics loses its appeal. He sprinkled his Budget – sorry “Autumn Statement” – with shout-outs to his posse (the MPs for Hereford, Burnley and Thurrock)… Giving back to his homies, the chancellor splashed out with tax cuts like P Diddy dispensing Dom Pérignon to a thirsty entourage…

Mr Osborne also talked up the soljaz on the street, if the small businesses who are the backbone of our nation may be described thus…

Having laid claim to the business ‘hood

– A short break here to point out that marvellously, even when writing in faux-hip-hop slang, the FT style guide still insists on a leading apostrophe in the word "hood" –

Having laid claim to the business ‘hood, G-Dawg was free to pursue his beef with its most disrespected inhabitants: the banks…

For [small businesses], life is currently a case of Stay Middling And Retire Disappointed rather than Get Rich Or Die Tryin’.

As an art form, rap is loud, but lacking in substance.

– A second parenthetical to point out that that sentence was the pull quote of the entire piece –

That was the problem with Mr Osborne’s Autumn Statement too… To critics, Mr Osborne still resembles Boy George more than 50 Cent.

Wow.

Alex Hern is a technology reporter for the Guardian. He was formerly staff writer at the New Statesman. You should follow Alex on Twitter.

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Richmond is a wake-up call for Labour's Brexit strategy

No one made Labour stand in Richmond Park. 

Oh, Labour Party. There was a way through.

No one made you stand in Richmond Park. You could have "struck a blow against the government", you could have shared the Lib Dem success. Instead, you lost both your dignity and your deposit. And to cap it all (Christian Wolmar, take a bow) you self-nominated for a Nobel Prize for Mansplaining.

It’s like the party strategist is locked in the bowels of HQ, endlessly looping in reverse Olivia Newton John’s "Making a Good Thing Better".

And no one can think that today marks the end of the party’s problems on Brexit.

But the thing is: there’s no need to Labour on. You can fix it.

Set the government some tests. Table some amendments: “The government shall negotiate having regard to…”

  • What would be good for our economy (boost investment, trade and jobs).
  • What would enhance fairness (help individuals and communities who have missed out over the last decades).
  • What would deliver sovereignty (magnify our democratic control over our destiny).
  • What would improve finances (what Brexit makes us better off, individually and collectively). 

And say that, if the government does not meet those tests, the Labour party will not support the Article 50 deal. You’ll take some pain today – but no matter, the general election is not for years. And if the tests are well crafted they will be easy to defend.

Then wait for the negotiations to conclude. If in 2019, Boris Johnson returns bearing cake for all, if the tests are achieved, Labour will, and rightly, support the government’s Brexit deal. There will be no second referendum. And MPs in Leave voting constituencies will bear no Brexit penalty at the polls.

But if he returns with thin gruel? If the economy has tanked, if inflation is rising and living standards have slumped, and the deficit has ballooned – what then? The only winners will be door manufacturers. Across the country they will be hard at work replacing those kicked down at constituency offices by voters demanding a fix. Labour will be joined in rejecting the deal from all across the floor: Labour will have shown the way.

Because the party reads the electorate today as wanting Brexit, it concludes it must deliver it. But, even for those who think a politician’s job is to channel the electorate, this thinking discloses an error in logic. The task is not to read the political dynamic of today. It is to position itself for the dynamic when it matters - at the next general election

And by setting some economic tests for a good Brexit, Labour can buy an option on that for free.

An earlier version of this argument appeared on Jolyon Maugham's blog Waiting For Tax.

Jolyon Maugham is a barrister who advised Ed Miliband on tax policy. He blogs at Waiting for Tax, and writes for the NS on tax and legal issues.