In the end like with BrExit the doom and gloomers are out over the planned policies of Labour. One wonders if Labour is as hooked on bringing back manufacturing and other point-less acts as Donald Trump. However they do retain enough support among a section of economists – some of whom have been patronised by McDonnell. Indeed Chris Dillow said Labour’s critics were the Marxists as they did not believe reform of Capitalism would work and clearly they could not claim it is working now. As an indication of this
You can pretend that others in the political sphere have answers but they do not. All one is left to do is point out that left wing politics of the type Corbyn and McDonnell probably favour has always failed. That a large state is not a problem in and of itself but do people who think rent controls are not more inter-generational theft on their own and suggested by no one expert in the field have enough insight to produce a better society? Indeed their precious Venezuela’s main problems are caused by a toilet paper currency with a fixed exchange rate that is bollocks hence inflation as people try to buy real currency ironically to buy toilet paper.
I don’t like their priorities but my knock on Labour is not they are left wing but stuck in the 70s. With the mindset of Labour passim that you can just legislate what you don’t like people doing. To claim as with BrExit they are a huge problem to a dysfunctional economy is to give Labour credibility as they are not the present danger and prevent real questions of their competence and vision and solutions.
We seem to have something of a third party squeeze with the 3rd party being lots of other parties. The mains are polling at almost 80% up from 65%. Labour despite the loss of Scotland are polling better in England and Wales arguably than any time since 2001 at a general election. They will still be wiped out but hey ho. Then boundary changes kick in as their gerrymandering is unwound but there you go. The Liberals 8% seems to signal the death of Social Democracy and they have not pimped Liberalism (bar Neo Liberalism) in a long time.
So if you are in a marginal who ya got Labour or Tory? Anti Labour or Anti Tory? And yes I started a sentence with so and and, blow me. Continue reading “Labour V Conservative”
I note that establishments are talking about banning fake news so no British newspaper would be allowed? They [central banks] also want to ban cash. People miss that none of this will improve economic performance, quite the opposite with cash ban, but you only need 25% to control most democracies. UK TV is already essentially under Govt control by Offcom – stations are not allowed to say when they are censored either. You will also note as per snoopers charter this as much as one can tell with Labour is supported by both main parties.
Left squabbling over who is racist and pronouns is rather funny in this context. In the sense of funny but not funny a bit like Mr Corbyn and McDonnell really.
The point is that with money now ‘printed’ for our rulers and media under control in UK they don’t need a thriving economy just control. Indeed Putin would seem the ideal for the West’s rulers?
As is clear I hope I don’t rate either side of the Labour divide. However the depth of Corbyn’s incompetence is not the messy commons performances or the middling at best poll numbers or his supporters nuttery or his refusal to go when he clearly cannot lead the PLP.
It’s this. John McDonnell has sought out the best mainstream but leftish economics advice available. Corbyn hired Seamus Milne as his main advisor.
I hear people say Osborne believes in a smaller state or class war or is ideological yet mostly I see a supreme politician. Sure you can call it class war if you choose to see it that way. However it is populist class war if it is so as Labour’s backing earlier this year showed. Indeed I wonder how many people did not vote Tory out of an old enmity when they really supported them?
He talks austerity and balancing the budget and rebalancing the economy with little intention of doing so. He cuts welfare payments to people as promised in the manifesto, not his fault he had a majority and Labour backing. Nonetheless there is always a Billion or Three for the starving orphans of the ageing corporate world be they BAE with it’s weapons that don’t work, BP, RBS, Ineos, HS2 financiers, US Filmmakers, Pensioners, Farmers, Asset owners, Banks et al
He talks about what people perceive – that a lot is spent on the jobless and the need to balance a budget. In reality he will balance the budget through tax revenue, not cuts if the economy grows enough. Whether this is in the long run interests of the country is moot.
As long as you have someone to blame and people accept that it’s OK, for him and his party at least. Whilst I cannot applaud cynicism maybe others could learn pragmatism and talking to people not your own gallery?
He even knows not to do media and leave it to bumbling front man Call me Dave. McDonnell take note.