Tag Archives: Annaliese

Labour backs away from credible opposition by copying Tories on economics

Annaliese Dodds: do you really think you could trust this woman with the economy?

Keir Starmer’s Labour has announced that its new economic policy is to copy the Conservatives. Why not? Starmer’s copying the Tories in everything else!

Starmer, now well on his way to infamy as the worst leader in the more-than-100-year history of the Labour Party, may have turned the announcement over to his shadow chancellor, Anneliese Dodds, but it has his naive pawprints all over it.

Because it’s yet another example of an inexperienced politician, who doesn’t stand for anything apart from grabbing power for himself, blowing in the wind.

The Financial Times gave the game away.

Shadow chancellor Anneliese Dodds will signal on Wednesday that the Labour party is backing away from the hard-left economic policies of former leader Jeremy Corbyn

Sorry, what? “Hard-left” policies?

Corbyn was never hard-left and the author of the FT piece – Chris Giles, whose criticism of the Tories over the number of people dying due to Covid-19 has been exemplary – should know better. Perhaps he is being led by his ideological nose.

If Corbyn had been hard-left, he would have been demanding the nationalisation of everything and the end of individual property ownership. Hard-left policies require everything to be owned by the state and he never advocated that.

Corbyn’s policies were most similar to those of the Scandinavian countries – and anybody with an eye on international affairs will know that, economically, those nations are much more stable than the UK; their people far more prosperous. The UK would have been better-off under Corbyn’s economic policies.

But Starmer wants to turn his back on them because he is a Conservative at heart.

The trouble is, we already have a Conservative Party in the UK. Returning to the policies that lost Labour two elections (in 2010 and 2015 respectively) will not help a Labour leader who has failed to win a single victory against Boris Johnson’s inept and imbecilic Conservatives.

But that is exactly what Dodd’s is announcing.

In the annual Mais Lecture, she will cloak Labour’s strategy to become the UK’s next government in the latest thinking from international organisations such as the IMF, which recommends waiting until unemployment falls and the recovery is complete before thinking about the sustainability of public finances.

So, it’s back to austerity for Labour. That will be a long wait.

The best way to increase employment is to invest in it – not to leave everything to the market. That is hard-right neoliberalism and Labour should not have anything to do with it. Sadly, Labour members elected a Conservative as their party leader and he is imposing hard-right Conservative policies on them whether they want them or not.

The fact that he lied, lied, and lied again to get himself elected only partially excuses them (as it was clear that he was lying).

Strangely, in her speech, Dodds will distance herself from the economic programme Labour put forward in the run-up to the 2019 general election, that offered spending increases of £83 billion – a modest amount in comparison with the hundreds of billions splurged by Boris Johnson in the last year.

Instead, she will align Labour’s economic policy with that of the Tories, while referring to “responsible” policies no fewer than 23 times. There is nothing “responsible” about Conservative economic policy, or about aligning with them.

There’s an easy test for this. Conservative neoliberalism has been the dominant economic policy in the UK since 1979, when Margaret Thatcher was first elected into office.

At that time, a family of four could afford to pay the mortgage on their house together with all household bills including groceries and vehicle running costs, from the wages of just one parent – and still had enough left over for a holiday away from home during the summer.

Is that possible now?

No, it isn’t. Most of us are much worse-off after 41 years of this nonsense – apart from people in positions of extreme power, including MPs like Starmer and Dodds.

So perhaps there is an intention to help in this policy change. Starmer and Dodds are planning to help themselves.

Their predictable lapse into neoliberalism has been greeted with a chorus of derision from everybody who understands what it means:

Who would? The voting public certainly won’t.

Source: Labour signals end of Corbyn era in setting out economic vision | Financial Times

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Labour challenges Johnson government to ‘Build it in Britain’ creating 400,000 new jobs

 

How pleasant to be able to report on something positive the Labour Party is doing.

The ‘green economic recovery’ was a Corbyn initiative, of course.

Ahead of this month’s Comprehensive Spending Review, Labour is calling for an economic recovery that will deliver high-skilled jobs in every part of the UK as part of the drive towards a clean economy. It is also calling for the low-carbon infrastructure of the future to be built in Britain.

Labour’s calls follow an extensive consultation with businesses, trade unions and other stakeholders around what a credible green recovery should look like, which received almost 2,000 responses. The consultation indicated that the Government must:

  • Recover Jobs
    By bringing forward planned capital investment and dedicating it to low-carbon sectors – at least £30billion in the next 18 months – as part of a rapid stimulus package to support up to an estimated 400,000 additional jobs.
  • Retrain Workers
    By putting in place an emergency training programme to equip people affected by the unemployment crisis with the skills they need for the future greener economy.
  • Rebuild business
    By creating a National Investment Bank similar to those operating in other countries, focused on green investment, and by ensuring that public investment always aids the drive to net-zero rather than hindering it.

The consultation report details a number of areas where progress has so far been limited in the UK, but where action now would support the creation of new jobs and tackle the climate and environmental crisis. They include:

  • Investing in upgrading ports and shipyards for offshore wind supply chains.
  • Expanding investment in Carbon Capture and Storage and hydrogen to help establish new opportunities for highly-skilled workers.
  • Accelerating planned investment in electric vehicle charging infrastructure and ensuring the planning system better supports electric vehicle charging.
  • Bringing forward orders for electric buses to help struggling manufacturers fill their order books.
  • Introducing a National Nature Service, an employment programme to focus on nature conservation projects.
  • Expanding energy efficiency and retrofit programmes, including in social housing.
  • Ensuring that updated Sector Deals for sectors like automotive, steel and aerospace protect jobs and promote the shift to net zero.
  • Bringing forward flooding protection investment, prioritising areas of need across the North West, Yorkshire and the East Midlands.

These should be delivered within a wider strategy that also meets the UK’s overall infrastructure needs at the upcoming Spending Review.

Ed Miliband MP, Shadow Secretary of State for Business, Energy and Industrial Strategy, said:

“We face a jobs emergency and a climate emergency. It’s time for a bold and ambitious plan to deliver hundreds of thousands of jobs which can also tackle the climate crisis.

“This is the right thing to do for so many people who are facing unemployment, the right thing to do for our economy to get a lead in the industries of the future and the right thing to do to build a better quality of life for people in our country.

“As other countries lead the way with a green recovery, Britain is hesitating. It’s time to end the dither and inaction, and start delivering now.  It is what the British people deserve and what the crises we face demand.”

Anneliese Dodds MP, Shadow Chancellor of the Exchequer, said:

“Labour is ambitious for Britain. We can harness the opportunities for green growth if the Government takes the right decisions now.

“In recent years, and particularly during this crisis, our country has fallen behind in the drive to a cleaner, greener economy.  We’ve seen far more rhetoric than action – and that has cost our country jobs.

“Future generations will judge us by the choices we make today to tackle the unemployment crisis and face up to the realities of the climate emergency.

“That’s why we need coordinated action to support 400,000 jobs of the future today, not tomorrow. Now’s the time to build it in Britain.”

Source: Labour challenges government to ‘Build it in Britain’ and support 400,000 new jobs with green economic recovery – The Labour Party

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