Saturday, June 15, 2024

SStarmers and Labour's Politics Of Envy Will Trigger A Class War

 

 

Were Britain a rich country with a healy reserve of capital, and desperate to reduce the size of its mountain of surplus wealth the Conservative Party election manifesto, published earlier this week  might make some sense. Unfortunately our problem is one of  low productivity and chronically low savings, with our current savings rate putting us near the bottom of the OECD league table, and globally somewhere between Zimbabwe, Ukraine and Burkina Faso. 

In this context, Britain’s status as a productivity desert – with British workers producing 15 per cent less per hour than their American peers – makes a lot more sense. As the economist John Van Reenen has noted, a recent slowdown in the accumulation of capital per worker goes a long way to explaining our post-financial crisis “productivity puzzle”.

Looking at policies to incentivise saving and growth proposed in the Labour Party  manifesto it appears the Labour leadership is happy to drive both down further, so long that it can claim to be attacking the unworthy rich – unworthy, here, being defined in its usual sense of “doing better than myself”. 

Ironically while speaking in Middlesbrough, Labour leader Keir Starmer described Conservative manifesto as “a Jeremy Corbyn-style wish list” full of unfunded pledges.

And it’s here, perhaps, that the answer to what Sir Keir Starmer is for emerges. The only group the Labour Party appears to consider “worthy”, is, with a weary predictability, those in the employ of the state.

The only surprisingly sensible policy proposed by Starmer is to accelerate repairs to our roads. Yet how a Labour Government would fund such a project is not clear.  Promises, promises!!

According to their campaign [ropaganda all the main Parties want to do is to further bankupt us and destroy our businesses with their groupthink obsession of achieving Net Zero and hang the economic consequences; never mind that it will make not the slightest difference to the world’s climate.

Nor do we want them to increasingly oversee our personal health and safety. We can look after ourselves thank you very much without resorting to the banning of smoking, drinking, vaping or any other occupation or activity which the self-appointed rulers (closet tyrants) deem to be an unacceptable danger.

We need a government that promises to get off our backs yet Conservatives and Labour can only promise more and more laws, more regulatory bodies and more obstacles put in the way of actually getting things done.

This is not a new problem of course. 2000byears ago this was being written:“The worse the state, the more laws it has”. ( Cornelius Tacticus cAD55-116.)

And as the two main parties, lacking ideas about how to actually solve ourproblems, attempt to scare people into voting for them by demonising the opposition, I am often reminded of a comment made by the American political commentator, H L Mencken, in the 1930s:“The fundamental art of practical politics is to keep the populace alarmed, and hence clamorous to be led to safety, by menacing it with an endless series of hobgoblins, all of them imaginary”.

We in the UK have seen chip on the shoulder socialism big time from the devolved governments in Scotland and Wales,beautiful areas of the country where the so called "rich" reside, are searched out by the lefties in our wonderful Parliament to be devastated by grotesque housing estates portable buildings hair brained "improvement scheme's"that improve nothing except the salaries of bureaucrats whp administer the mess. 

Wasn't it Abraham Lincoln who said that we can't make the poor richer by making the rich poorer? )  

 


[ leftist authoritarian tide ] ... [ shadown government ] ... [ living within the conspiracy ] ... [ New World Order ] ... [ Net zero fantasy ] >BBC scandal – Breast beating, politically correct broadcaster has links to gangters, banksters and the arms trade As news leaks out from the inner sanctums of the BBC about cronyism and corruption in the corporations management structure, people are starting to wonder if the Clarkson fiasco was engineered to deflect attention from the way the BBC has been infiltrated by corporate business, and the linked issue of political bias in its news coverage of the election campaign.

[ Death of democracy ] ... [ Free Speech catalogue ] ... [ New World Order ] ... [ flight from freedom ]

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