I agree the economy has been in a bad place and I'm not saying this budget has put it in a bad place. This budget has however made things worse and every bit of economic data and most economists agree with that. I've seen it described as being like chloroform on the economy.
One budget won't fix anything but a coherant economic policy might. Labour have been a shambles on this. They have been going on about growth is their No.1 mission and then put out a budget which tanks that growth and will restrict it for a while. You can't whack £40b worth of taxes on business and then be shouting about growth. Similar Starmer said he wants to free us Japanese knot-weed of red tape, again which is a valid point but then Angela Rayner is about to whack these business with a whole set of new regulations. They want Heathrow and other airport projects but they also want Net zero. You can't have it both ways. He spent his whole time in opposition sitting on the fence, they've come in and now they are putting out policies which contradict each other. The education bill is already being watered down after the backlash it received.
It is clear they did not think this would be the fallout of their budget, in my eyes they'd have more credibility if they just scrapped it and started again. We get stuck with politicians who fuck up, realise they've fucked up and spend time fucking up even more to clear up their previous fuck ups! Would be quite refreshing for them to hold their hand up, say they got it wrong and will fix it.