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Discussion in 'Swansea City' started by 55282, Sep 9, 2015.
And yet your commisar Comrade corbyn publically stated on many occasion that he would, don't let him find out you're not toeing the party line or you may find yourself in a gulag quicker than you swallow one uncle joe's mint balls
Bias remoaners will rig the election knowing they can't win it fairly !
You have to be mentally incapable if you vote for Corbyn and his cronies
An anti Semitic, IRA hugging ****ing thick twat
I know I keep banging on about it but until the sheep become voters who understand what Labour hasn’t done for Wales then maybe we’ll finally see an improvement in better job prospects for the whole of the country not just the Cardiff centric and a desperate Welsh NHS brought back from the gutter levels it currently finds itself .
The former Mrs Ron Davies should have been there with the other candidates...
Labour has received the firm backing of 163 prominent economists who say the party understands the nation's deep-seated problems and has devised a "serious programme" for dealing with them. In a letter published in the Financial Times, the group said Labour's plans to invest in homes, schools and infrastructure make "basic economic sense" because borrowing costs are at a historic low.
They called for a Labour government to urgently reform Britain's economy which has, for too long, prioritised consumption over investment, short-term financial returns over long-term innovation, rising asset values over rising wages, and deficit reduction over the quality of public services. The group, which includes professor David Blanchflower, a former member of the Bank of England's Monetary Policy Committee, and Victoria Chick, emeritus professor of economics at University College London, savaged the record of the Conservative and coalition governments.
"We have had 10 years of near-zero productivity growth," they wrote.
"Corporate investment has stagnated. Average earnings are still lower than in 2008. A gulf has arisen between London and the South East and the rest of the country. And public services are under intolerable strain - which the economic costs of a hard Brexit would only make worse." The government must step in to invest where the private sector has failed to, directing capital towards the rapid decarbonisation of energy, transport, housing, industry and farming, they said.
"As the IMF has acknowledged, when interest payments are low and investment raises economic growth, public debt is sustainable. "At the same time, we need a serious attempt to raise wages and productivity. A higher minimum wage can help to do this, alongside tighter regulation of the worst practices in the gig economy."
While some sections of the media have portrayed Jeremy Corbyn's plans as radical, the 163 economists who signed the letter pointed out that a number of Labour's proposals are considered orthodox in other wealthy social democratic countries. Germany has a successful national investment bank, for example, and most European countries - unlike the UK - give workers some form of representation on boards and a stake in their employer.
The UK's low rate of tax on corporate profits, which the Labour party has pledged to raise back to where it was in 2010, is an "outlier", the economists wrote. "As economists, and people who work in various fields of economic policy, we have looked closely at the economic prospectuses of the political parties.
"It seems clear to us that the Labour party has not only understood the deep problems we face, but has devised serious proposals for dealing with them " We believe it deserves to form the next government."
The letter was published as a report from the Resolution Foundation concluded child poverty would soar to a 60-year high under the Tories' plans. The organisation forecast that a government led by Boris Johnson would take the number of children living in relative poverty from 29.6 per cent last year to 24.5 per cent in 2023-24.
By contrast, Labour's planned £9bn increase in social security spending would lift 550,000 children out of poverty, the think tank said. It calculated that since the last Labour government, social security spending has been slashed by £34bn more than would otherwise have been the case. - INDEPENDENT
Just picked this up from the Independent today, if this is true then this is going to be a massive endorsement to the credibility of the Labour party, whether you like it or not, the facts are there, and have been examined by a huge group of economists, looks like Labour are gaining momentum and credibility with regard to the ECONOMY, please don't shoot the messenger!!!.................
LOOK OUT FOR COMRAD DAI!!!!..................
one open question , is that the same financial "experts " who on hearing the result of Brexit "predicted" a finanicial collapse , loss of jobs and generally the skies falling in
I guess that a similar number (at the very least) of equally respected so-called Financial Experts would able to trash the Labour manifesto........
Not sure, though they might be related!!................
Bloody Accountants aye, never trust them!!.............