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Brown/Balls/Osborne…and now May/Hammond

Wednesday, October 5, 2016 9:03
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I don wonder sometimes, how the economic centre of UK politics has been dragged so far to the left.

Ever since Ken Clarke, a acknowledged lefty Tory, left office in 1997 we have not had a decent Chancellor or Prime Minister who believes in capitalism.

Yet we have had a few changes of Government and people during this time, getting on for 20 years now. If anything, the speech by Teresa May today is even more left -wing that one that Ed Milliband would have dared to give. In fact, perhaps she is intent on seeing off Corbyn by out-flanking him on the Marxist left.

Massive state intervention has never been a good idea, never. I give you the Soviet Union as a lesson, I also give you China in about 5 years time too. I give you 1970′s UK.

But this is what May wants, already we can see in the horrific scarcity of talent on her front bench from the simply dreadful Amber Rudd to the gaffe-prone Brexiteers, they sing in unison an anti-business and anti-capitalist dirge.

Of course we want to limit immigration, but blaming companies is not the right answer nor is trying to turn them into a police state.

Of course, we want stable utility prices, but not by Government decree; this is how they try to do it in Venezuela and Zimbabwe and we have seen the end of the film already. We want steady prices because there is a balance between supply and demand.

Market and capital based solutions are often the best answer we have ever developed, not perfect, not without downsides, but better than nanny-knows-best Government dictat.

It is a disgrace that 20 years of Government have seen frankly no real development of thought or innovation and instead politicians decree the same statist nonsense whatever side of the floor they are from. Perhaps they think they are clever as this is big tent politics. maybe it is, but it is terrible for our living standards.

What a shower they are, Labour of course are even worse, led by genuine communists. I fear a frightful few years ahead of constant backtracking and obvious policy errors.


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