Britain’s Chancellor George Osborne has lost an impressive amount of weight in the past year. So much so that I was thinking I might have to stop calling him The Fat Controller.
It turns out, however, that George still loves a pork pie.
Witness the recent furore over Britain’s increased European Commission bill to reflect an upward revision to the estimated size of the British economy. The bill is linked to the size of the economy, then Britain gets a rebate (negotiated back in the 1980s) to reflect Britain’s relatively lower receipts of EU agricultural subsidies.
Anyhow, first Brave Dave Cameroon said he wasn’t going to pay the £1.7 billion extra charge. Then people slightly less dim than Cameron realised that Britain has to pay the bill, because there is nothing unusual or exceptional about it. It is just the regular bill, amended on the basis of statistical revisions that occur periodically in all statistical systems.
So now the Fat Controller is claiming in the press to have ‘halved’ the £1.7 billion bill. What he means is that because there is an automatic rebate, the bill is really only about £850 million. But George wants to pretend this represents him having ‘negotiated a deal’ with the EU on a trip to Brussels this week.
He has done no such thing. George’s trip secured some very marginal fiddling around with payment due dates, doubtless because EU officials just wanted to get him out of the building as fast as possible. But he hasn’t ‘negotiated’ anything of any substance. Whatsoever.
Instead, George is just telling bare-faced Porky Pies. Like some fantasist kid in a school playground.
And that is why I am going to continue to call him the Fat Controller. No matter how much weight he loses.
The Guardian explains pretty clearly.