Just as they did in the Budget, the coalition have produced a chart showing the impact of the Spending Review’s tax, spend and benefit measures on different income groups (see above). In many respects, this is a noble effort: it’s a good deal more transparency than Gordon Brown could ever manage in his Budgets. But it also sets a trap for the coalition.
As we’ve pointed out before, these kinds of analyses don’t account for measures that can’t be quantified in terms of the money handed out to, or taken away from, the public. So policies that might improve the life chances of the least well-off, such as better schools or benefit reform, don’t get a look in.
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