C&P from CIF
Seems to be about right
George Osbourne is incompetent, because he is following a path that is leading to stagnation or possibly recession and will not change course. A competent worker or professional is someone who recognises failure before it causes a disaster and changes course in advance.
There can be a couple of reasons for this incompetence, one is a deeply ingrained indoctrination with neoliberalism that runs so deep the person cannot see its pitfalls (like Thatcher who was famously not for turning), and the other is a self serving obedience to his own wealthy class.
It is difficult to see why Osbourne gave a tax heist to the banks and reduced corporation tax when he has been so "concerned" about the deficit. The trouble is, that his only concern is trying to make the poor and middle classes pay for the deficit in terms of the loss of local services, the NHS, education and jobs, so that he can continue to give his rich friends tax breaks.
I think Ed Balls and Ed Milliband should read Nicholas Shaxsons book "Treasure Islands" which explains how off shore secrecy juridictions are undermining our democracy by depriving us of tax revenues, and how this devastates developing countries. Well, it is clear that Osbourne is doing nothing about this, and this would surely help the deficit without making the rest of us suffer.