Probably, but only because you weren’t given the full facts in 2016 and need to undertake electro-correctional therapy now.
Economists and academics back Labour spending plans - 163 signatories to letter say party ‘deserves to form the next government’. https://www.ft.com/content/d29b4cbe-0fa4-11ea-a225-db2f231cfeae
Which one plan Stroller, they have changed it every other week. I think it's now game, set and match TBH.
They're not spending the hundreds of £ billions that Labour plan, burdening future generations with today's debt.
Debt has increased by £643bn in the last 9 years under the Tories. Investment, rather than austerity, might well have seen a fiscal surplus by now. The 163 economists and academics that signed the letter to the FT seem to think that Labour's plans will benefit future generations, and so do the millions of young people that will vote for them.
Huge debt was taken by Labour after 2008 and this has to be serviced. The Tories have cut the deficit by 3/4's which is a start to reducing debt. Labour would bankrupt the country, despite what 163 Corbyn academics say.
They're economists and academics and they're not Corbynistas - prominent amongst them is Danny Blanchflower, ex of the MPC, and a past critic of Corbyn. What would really bankrupt the country is the No Deal at the end of 2020, which Johnson has promised the ERG.
A No Deal is highly unlikely, given that it is in the UK and EU's gift to prevent one. Fortunately, a Labour government looks equally unlikely unless Corbyn can cobble together an unlikely coalition of parties that have nothing in common other than hating the Tories.
Jeremy Corbyn promises children will be taught about evils of British Empire please log in to view this image Jeremy Corbyn wants to teach young children about the Empire's "historical injustice" Credit: Anthony Devlin/Getty Images please log in to view this image 25 November 2019 • 10:30pm Children will be taught about the ills of the British Empire as part of the national curriculum under a Labour government led by Jeremy Corbyn. Launching a “race and faith” manifesto in north London, the Labour leader will on Tuesday set out plans to teach “historical injustice” and “colonialism”. As part of a wider review into the UK’s “colonial legacy”, Labour plans an inquiry to determine the extent of the country’s contribution to “violence and insecurity” in its former colonies. The party has already promised to formally apologise and review Britain’s role in the Amritsar massacre in 1919, when 400 civilians in the Punjab were killed by British Indian Army troops please log in to view this image Under the proposals, an...
Of course the debt has increased, we were in a massive trade deficit (and still are) due to the financial crisis and previous obligations racked up when we were still under the labour government. At the moment the trade deficit is being reduced and I'm still sort of weary that we are in deficit. We currently pay around 41 billion pounds a year on our interest. We cant say for sure if austerity was the correct answer but all other Western governments have chosen austerity and labour even campaigned on an austerity programme (maybe not one as intense as the tories). The Japanese tried the spending on investment in the 90s when they went into recession but wracked up too much debt (or so i read). Its risky as it means even more debt if it isn't successful. I agree with labour that we need to tackle corporate tax avoidance and high net worth individuals. Tbh even the tax increases are fair and even renationalisation but there seems to be an awful lot of spending in labours books and i do believe corbyn is not afraid of spending away even if the books don't balance
should be a vote winner SPENDING SPREE John McDonnell admits EVERYONE will pay more tax under Jeremy Corbyn’s Labour plans Natasha Clark 25 Nov 2019, 13:03 Updated: 25 Nov 2019, 16:05 JOHN McDonnell admitted yesterday that EVERYONE will have to pay more tax under Labour. Despite Labour figures insisting that only the top five per cent of earners will pay more, he was forced to admit that many of the party's policies will affect the entire population. 2 John McDonnell was forced to admit that everyone will have to pay more under Labour's plansCredit: Reuters The deadline is approaching.... You must be registered to vote in the General Election please log in to view this image .widget-signUp-styles_SignUpButton {background: #4085cb} .widget-signUp-styles_SignUpButton:hover {background: #2d5c8c} Click here to register to vote In an awkward interview with Sky News' Sophy Ridge, she pressed him to be "honest" with the public. He said there would be increase in "other" taxes like scrapping the marriage tax, and extending the sugar tax if the leftie boss Mr Corbyn got into power. "If will impact everybody, won't it?" she insisted. "It means all of us paying more in taxes, not just the wealthiest." The Shadow Chancellor said his party's manifesto spelled out very clearly what it would mean. "Where there will be other elements in taxation rates, we have laid them out here," he claimed. "We want to have a fair taxation system. "There will be no increase in income tax for those below £80,000. But the 95 per cent will not have an increase in their income tax, VAT or National Insurance."
