Thread: Budget 2017
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Old 23-11-2017, 21:33   #33
Damien
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Re: Budget 2017

Quote:
Originally Posted by Osem View Post
That takes years and still leaves all the privatised utilities to buy back at massive cost plus having to explain the inevitable tax rises which will result. By the time all that's done the government responsible has likely gone so unless both sides agree on the way forward for the long term it falls apart. Maybe that's the reason we've always had this problem - the 2 main parties have always seen it very differently and tended to undo what the other has done.
You don't have to do the utilities as well. I am less fussed about them then the trains. It will take years but that's the least costly and disruptive way to do it and allows the government to ease into it rather than taking on the whole country in one go.

A subsequent government overturning would be a risk but if the public backs the nationalisation then it would be electoral punishing to go against it especially as it's in the process of happening. Popular measures do tend to persist.
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