IFS analysis casts doubt on Labour and Tories' spending ahead of general election

The video analyzes the 2015 and 2017 Conservative manifestos, highlighting their limited spending and tax changes. It contrasts this with the Labour manifesto, which proposes significant tax increases and spending, questioning the feasibility of these plans within a single Parliament. The discussion also covers Brexit's economic implications, noting the Conservatives' hard Brexit stance and Labour's potential for a softer Brexit. The video concludes that it's challenging to predict which party's manifesto would better benefit the economy.

In what ways does Brexit factor into the economic implications discussed in the text?

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What is the author's overall skepticism regarding the feasibility of the manifestos' promises?

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