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Old 08-06-2017, 09:47   #1036
OLD BOY
Rise above the players
 
Join Date: Mar 2008
Location: Wokingham
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Re: June 8th General Election

I don't think anyone will disagree that Jeremy Corbyn has had a good campaign and that Theresa May has suffered following a major wobble on her social care policy.

However, when voters go to the polls, I hope they will consider who to vote for very, very carefully.

Jeremy Corbyn has attracted a lot of people because he is promising the Earth. Unfortunately, the economy is nowhere near strong enough to pay for such a spending splurge. Despite what Labour say about having their plans 'fully costed', just looking at the corporation tax proposal is all you need to know about their flaky understanding of economics. It has been proved already that lower taxes can increase revenue, and this has been proved already, with recent reductions in corporation tax providing a larger tax return, as well as a stimulus for businesses to settle in the UK. That surely shows that if you put up corporation tax, the reverse will happen.

For some reason, nationalisation of the railways and utility companies has suddenly become popular. Why? They were privatised so as to bring more investment into areas of the economy which were stagnating. Since privatisation, that investment has been forthcoming, with new rolling stock for the railways, cleaner trains, services more reliable than before, and so on.

The Labour Party say that they will rule for the many, not the few. However, I wonder if it will be the many or the few who will suffer when Corbyn's grand plan comes crashing to Earth within the first year of a Labour Government?

Labour would be a disaster for us and our economy, which remains in a parlous state. While we continue to have a deficit, our trillions of pounds of debt will continue to grow. Only the Conservatives have a plan to get that deficit down, albeit slower than they would like, due to the backlash against austerity measures. But be in no doubt, austerity will be back with a vengence with another Labour Government.

Those car crash Labour interviews show clearly that the Labour leader and his shadow ministers do not have a clue when it comes to finance. That should be the obvious clue to what to expect from them if you are thinking of voting for them.

Of course, Labour have some very popular policies. But we cannot afford them. That should be obvious to all.

Theresa May's campaign has not been a good one, but she is without doubt the most credible of all the candidates, and her party is the most competent. I know who I want to negotiate Brexit for us. Can you imagine what a pig's ear Jeremy would make of it?
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