Labour pledges in the General Election was fantasy economics
Labour must get away from being the benefits party and needs to encourage entrepreneurs and create a business environment
The people of the North are fed-up of social deprivation and poverty and want to work to provide for their families
Shadow Chancellor of the Exchequer John McDonnell MP thinking Labour was going to win the General Election and put through a spending budget of £1.6trn and saying the top 5% of wage earners would foot the bill. But in reality, it is always the poor that pay, just like the financial collapse in 2008.
John McDonnell wanted to spend £1.6trn for public services and infrastructure within the first one hundred days of Labour forming the next Government, but the reality is that it would have doubled the United Kingdom's debt to £3.2trn - outstripping GDP and would have taken one hundred years to payback.
The Labour Party's spending was woefully flawed and just so unrealistic and irresponsible that it would have bankrupted the United Kingdom and the whole country would have entered a downward spiral of social deprivation.
In fact, it would have led to the UK in having to abolish workers’ rights and the living wage as company’s would have been unable to pay these wages and keep up with the bureaucratise of ensuring these hard fought centuries workers’ rights down the sinkhole.
In life there are no free lunches or short cuts in improvements and the continuous work towards prosperity and increasing living standards.
We would have gone back to the Victorian Times of squalor and selling whatever could be sold for a few shillings including poor old grandma who would have been a financial burden.
The Bankers got the money from then the Labour Government and then paid themselves tax-free bonuses, while the poor had to suffer the austerity plan under the Conservative-Liberal Democrat coalition and then under David Cameron's majority Conservative Government up to the 2016 EU Referendum and through the Premiership under Theresa May's minority Conservative government propped up by the Northern Irish political party The Democratic Unionist Party.
The hidden forces directing Labour into further far-left leanings
What was encouraging the Labour Party and Jeremy Corbyn and John McDonnell to adopt such unstainable economic spending was the Momentum group that is made of professional pollsters and campaigners, some of whom live in Eastern Europe and mix with Communists and even links to Russian socialists – as well as many lesser mortals many are workless parents and individuals that see wealth, ambition and drive as the biggest evil in our society.
Not only did Jeremy Corbyn be controlled to go against his own beliefs of being a Brexiteer, but the unions and their leaders were persuaded to become pro-Remain, which would have meant the re-nationalisation of the railways and the energy sector couldn’t happen due to EU laws and rules of State Aid and the fact that you cannot re-nationalise industries that have already been privatised.
So, the whole Labour economic manifesto couldn’t have been implemented, apart from the destruction of the United Kingdom and its place in the world as one of the richest nations on the planet.
The other part of the Labour vision is that the leadership like in the old Soviet Communist Russia and currently in China they live a life of grandeur and are mere champagne socialists, which doesn’t bode well with the Labour voter anymore.
The idea of the masses living in squalor and deprivation, while the Labour leadership send their children to private schools and buy million-pound properties, is a thing of the past, when people didn’t question but just obeyed the masters in a bygone era.
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The worst defeat for Labour in a General Election since 1935
So, in short the Labour economic plan for the United Kingdom in the General Election last year of 2019, didn’t allow individuals to take control of their lives and be competitive as well as clamping down on any form of entrepreneurship, which as Napoleon said, “England is full of shopkeepers,” yes the British people are commercially minded as this is what brings prosperity in the country.
The promise of making broadband free would have decimated the digital technology industry overnight, thus increasing unemployment and social deprivation.
At the last minute of the General Election Jeremy Corbyn and John McDonnell promised the Women Against State Pension Inequality (WASPI) women £59bn in compensation due to the retirement age increasing for women from 60 to 65 from 2010 through to 2018.
It was a desperate Labour Party that jumped on every cause without fully costing it in the Labour spending plan - was another big mistake the leadership made; just to suit the far-left in the party and the Momentum group and its Communist members.
It was never about the spending of vast amounts of money it was always about, “Who is going to repay the money and debts of the country?” which was the question and when people worked out the poorest in society, voting for the Labour Party’s economic vision for the country didn’t appeal anymore to an already exhausted population from austerity of the economic collapse a decade before.
Labour must get away from providing benefits for the people and needs to focus on creating a work ethic and a business and entrepreneur environment, so the opportunity to be prosperous increase and social deprivation decreases.
People especially in the North of England are getting sick and tired of handouts and this frustration helped them to vote for the first time and for some Labour voters, voted for the Conservatives in secret because of the fear of being ostracised from their families and the community they live in.
We are seeing the Labour leadership contest in full swing and unless the candidates start to ditch the failed communist economic plans of the past, then The Labour Party will not be voted into government for another twenty or thirty years, if not at all especially if people become successful in the old Labour safe seats.