Boris Johnson has gambled big by pledging to spend small
Boris Johnson just took a very big political risk, by not making any serious attempt to compete with Labour on bunging cash at public services and the fabric of the UK. Where Corbyn is pledging £83 billion a year of increased spending on students, the elderly, health, schools, public-sector pay and so on by 2023, the Tories offer £3 billion. For Labour’s £80 billion plus per year on new housing, pension compensation for women born in the 1950s, nationalisations, greening businesses and multiple other projects, Johnson is committing to £8 billion by the end of the next parliament. To be clear, Johnson’s relative parsimony is not quite what it seems