The Tory track record on the economy has always been dire. From the 1920's when their ideological commitment to keeping the pound chained to the Gold Standard wrecked British exports, through the 1930's when they refused to do anything remotely useful to ease the Depression, to the 1970's and 80's when their hatred of the Unions led them to utterly destroy British industry, they have always put their insane prejudices ahead of reality. They have been able to do this because they are experts at lying to the electorate and have no conscience whatsoever about inflicting untold damage on ordinary people in order to feather their own nests. Britain is now in the midst of an unprecedented assault on those things that once made this country a truly civilized nation including a hate campaign against the disabled and disadvantaged in order to destroy the welfare state, the destruction of worker's rights (they are now less effective than they were during the Victorian period) and the dismantling of the NHS in preparation for its privatisation. They have been aided in this by the LibDems whose ideological about-face has been the most extraordinary in British political history and has left those who voted for them feeling horrified and utterly betrayed. Both of these parties have based these completely uncalled-for policies on the economic myth that it was Labour fiscal irresponsibility before 2008 that makes their insane agenda unavoidable. In this self-serving legend the banks and their greedy criminality have no role and it is the Labour party's tax and borrowing when in government that takes centre stage. Yet, as the Guardian points out today, borrowing in 2007 was at its lowest since 1997 when Labour first came to power and was a great deal lower than it was under the Tories. There is no fiscal crisis as the Tories describe and, what's more, there never was. The Coalition's economic policies are based purely on ideology and have absolutely nothing to do with reality. Deflationary policies during a recession are pure idiocy but are pursued by this government simply because it provides the necessary alibi to turn back the clock and return wealth and power to where they believe it belongs - to themselves.
Sunday, 4 August 2013
Britain's Coalition Of Evil.
The Tory track record on the economy has always been dire. From the 1920's when their ideological commitment to keeping the pound chained to the Gold Standard wrecked British exports, through the 1930's when they refused to do anything remotely useful to ease the Depression, to the 1970's and 80's when their hatred of the Unions led them to utterly destroy British industry, they have always put their insane prejudices ahead of reality. They have been able to do this because they are experts at lying to the electorate and have no conscience whatsoever about inflicting untold damage on ordinary people in order to feather their own nests. Britain is now in the midst of an unprecedented assault on those things that once made this country a truly civilized nation including a hate campaign against the disabled and disadvantaged in order to destroy the welfare state, the destruction of worker's rights (they are now less effective than they were during the Victorian period) and the dismantling of the NHS in preparation for its privatisation. They have been aided in this by the LibDems whose ideological about-face has been the most extraordinary in British political history and has left those who voted for them feeling horrified and utterly betrayed. Both of these parties have based these completely uncalled-for policies on the economic myth that it was Labour fiscal irresponsibility before 2008 that makes their insane agenda unavoidable. In this self-serving legend the banks and their greedy criminality have no role and it is the Labour party's tax and borrowing when in government that takes centre stage. Yet, as the Guardian points out today, borrowing in 2007 was at its lowest since 1997 when Labour first came to power and was a great deal lower than it was under the Tories. There is no fiscal crisis as the Tories describe and, what's more, there never was. The Coalition's economic policies are based purely on ideology and have absolutely nothing to do with reality. Deflationary policies during a recession are pure idiocy but are pursued by this government simply because it provides the necessary alibi to turn back the clock and return wealth and power to where they believe it belongs - to themselves.
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