Friday, October 8, 2010

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TODAY'S SUMMARY

Does Osborne have a plan B after all?

08 October 2010

In the Guardian, Martin Kettle says the news that the Treasury is planning to delay some cuts until the end of this parliament suggests that George Osborne has a plan B after all. Elsewhere, in the Times, Tim Montgomerie argues that the internet is now a better measure of the true feelings of party's grass roots than a conference packed with professional politicians and lobbyists. In international politics, the New York Times's Nicholas Kristof warns that a Republican victory in the midterms would mean higher unemployment, worse deficits and greater inequality. Meanwhile, in the Huffington Post, Robert Reich writes that the election marks an ever sharper turn towards plutocratic capitalism and away from democratic capitalism. Finally, in the Independent, Hamish McRae looks at the growing risk of a full-scale currency war and warns that the world is unprepared.

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