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Labour La La Land?

(140 Posts)
Rosina Mon 23-Sep-19 16:32:34

Over the past few weeks and months I have heard the following from various Labour spokespersons. Prescriptions and old age care will be free, student loan debts will be wiped clean, private landlords will be made to offer 'Right to Buy' with large discounts to tenants, and now I read Labour is promising a four day week. The one utternace that never happens is how this is to be paid for - unless of course 'soaking the rich', that old chestnut, gets revived. (The 'rich' will likely all have fled if Labour come to power). All this, along with abolishing private schools and the Monarchy - I can hardly wait!

EllanVannin Mon 23-Sep-19 16:45:43

Men in white coats will be collecting them after the conference---if not before !

LondonGranny Mon 23-Sep-19 16:50:53

The private landlord thing isn't quite right, I don't think. As I understand it, it's private landlords who have multiple houses on buy to rent mortgages & are currently the biggest recipients of housing benefit. They're certainly raking it in here in London.

I do strongly agree with stripping schools like Eton of their charitable status. They're not charities by any stretch of the imagination, they're businesses that serve the rich. I have a feeling this rescinding of charitable status has been the policy of the Greens and the LibDems too, for longer.

I don't think it would be a massive loss for the super-rich to leave the UK anyway, it's not like they pay their fair share of tax, anyway.

btw, I'm not a Labour voter although there's one local Labour councillor I vote for because she's really good on local stuff and she actually turns up to lmeetings in my area on cold winter evenings whereas I've never once seen the other two once, at meetings or anywhere else for that matter.

crystaltipps Mon 23-Sep-19 16:56:59

They must have found the money forest that Boris Johnson has been shaking lately.

suziewoozie Mon 23-Sep-19 17:00:53

Rosina have you really really not heard/read any of BJ’s totally uncosted promises re spending/tax cuts? Really?

Joelsnan Mon 23-Sep-19 17:01:55

Don’t forget renationalising Utilities (which I wouldn't mind).
Abolishing private schools and Ofsted to raise Education standards. Building millions of affordable homes. The utopian dream sounds fantastic...but how will it all be funded? Many (not all) of the rich are the entrepreneurs who took the risk and started many of the businesses that employ the workers (CEO and Snr Management salaries are a different issue). These folk can only be squeezed so far before they move out and new entrepreneurs will avoid the UK.
To maintain an equitable balance, the onus will fall upon the ordinary worker to pay for all of this through both direct and indirect taxation. Will this provide Utopia for the already struggling, just managing workers?
Or will labour once again take the country to the brink of bankruptcy through borrowing.

Barmeyoldbat Mon 23-Sep-19 17:05:00

I think it is Boris who is in la la land along with his money tree. Labour has in my min talked a lot of sense.

paddyann Mon 23-Sep-19 17:25:00

Joelsnan with all due respect and I'm NOT a labour supporter but its the tories who have taken the debt to the dizzy height of nigh on 3Trillion pounds ..they only inherited 800million SO who IS DOING THE BANKRUPTING?

jura2 Mon 23-Sep-19 17:25:42

I don't think Private Schools should be banned- by their Charitable Status should go.

As a matter of interest- do you believe that wanting to provide good quality education for all is a Liberal Leftie LaLa wish?

varian Mon 23-Sep-19 17:29:38

I am watching the Labour Party conference.

I have two observations -

1- It is very badly organised so that the important debate on the LP brexit policy is interrupted by speakers on foreign policy. Why can't they sort that out?

2- There are some very impressive and erudite speakers but there are also some very poorly informed speakers, like the Leave supporter who did not understand the difference between Liberalism and neo-liberalism (which are in fact diametrically opposed).

3 - It is a more participtary conference than we will see next week from the Conservatives, but nowhere near as free and impressive as last week's LibDem conference

I await with interest to see how the LP members vote. On the one hand, I care a lot about stopping brexit, but on the other hand if Labour keep sitting on the fence, my party, the Liberal Democrats will do better in the GE to come.

trisher Mon 23-Sep-19 17:35:25

Apparently about 90% of prescrptions is already free. Wales and Scotland have free prescriptions so why shouldn't we?Something has to be done about the cost of housing and the obscene amounts of housing benefit some landlords are getting. (Isn't it strange how people on benefits are scroungers but landlords getting HB from the same place are business people?)
A four day week might mean more jobs for younger people. More jobs means more spending power and a growing economy.
Student loan debts are not doing what was forecast and may need to be wiped anyway.

Whitewavemark2 Mon 23-Sep-19 17:38:13

The way I see it is that Labour recognises that there was a democratic vote ( although seriously flawed) and this must be recognised, but the overwhelming vote is for remain, so I suspect the vote will be for neutrality

We shall see

MaizieD Mon 23-Sep-19 17:41:04

To maintain an equitable balance, the onus will fall upon the ordinary worker to pay for all of this through both direct and indirect taxation

Taxation has never paid for everything in the national budget. That is a complete fallacy. Did anyone notice taxes increasing to 'pay for it' when the Bank of England injected some £200+ billion into the economy by way of 'quantitative easing'? There isn't a 'magic money tree,' but a country with a sovereign currency can issue as much money as it likes so long as there are resources available to purchase. They can use taxation to dampen down inflation.

At the moment a great deal of extra spending into the economy would have no problem in finding resources to purchase and it would provide a huge boost to the economy. It has to be directed to the poorer people, of course, because they would actually spend it. No good giving it to the already wealthy; they don't actually need it... Most of it comes back to the treasury through taxation anyway. It's not a problem.

Of course, one of the reasons* that the wealthy Brexit backers are so desperate to leave the EU is because the Tax Avoidance directive comes into play next year which will mean that the wealth they have squirrelled away offshore in tax havens will be taxed.

*Another seems to be that they visualise themselves making a killing on things like shorting the pound...

LondonGranny Mon 23-Sep-19 17:41:06

Yeah, trisher is correct, prescriptions are definitely already free in Northern Ireland, Wales & Scotland...it's only in England that there's a charge.

Joelsnan Mon 23-Sep-19 17:42:34

Paddyann
Guardian 17/05/2010
^The former chief secretary to the Treasury, Liam Byrne, has reignited criticism of Labour's stewardship of the economy with a note for his successor which said "there's no money left".

Byrne's note was discovered by David Laws, the Liberal Democrat MP who was appointed by the coalition government to succeed Byrne as No 2 at the Treasury.^

Joelsnan Mon 23-Sep-19 17:45:22

Can there ever be a thread on this site that Remain voters do not use to bash Brexit FFS!

MaizieD Mon 23-Sep-19 17:46:25

Oh, FFS, Joelsnan. That was a JOKE. Not even an original one, it's been done before apparently.

The UK's finances were in better shape in 2010 than they are now after 9 years (God, is it only 9 years? It seems like a lifetime) of tory cuts.

MaizieD Mon 23-Sep-19 17:47:54

And the answer to your subsequent question is NO

Brexit permeates everything as far as politics and the economy is concerned.

Joelsnan Mon 23-Sep-19 17:52:51

Taxation has never paid for everything in the national budget. That is a complete fallacy. Did anyone notice taxes increasing to 'pay for it' when the Bank of England injected some £200+ billion into the economy by way of 'quantitative easing'? There isn't a 'magic money tree,' but a country with a sovereign currency can issue as much money as it likes so long as there are resources available to purchase. They can use taxation to dampen down inflation

If we can just conjure up money from thin air (with apparently no guarantors) . Why on earth are we paying taxes. Why not quantitive ease all of the country's social needs?

Anniebach Mon 23-Sep-19 17:52:56

trisher can you explain why you think a four day week will
mean more jobs for younger people ?

trisher Mon 23-Sep-19 18:01:01

The week will still have 7 days Annie so things that are open all week will need extra staff for 3 days. Given an extra day at the weekend there will also be the need for more people working in the leisure industry and associated businesses.

GrannyGravy13 Mon 23-Sep-19 18:03:32

Anniebach, a 4 day week in our business would mean Mr.Gravy and I probably returning to work for one day as we definitely would not employ a "youngster".

Our AC would spend less time with their families as they like us would have to make up for the hours not worked by the workforce.

varian Mon 23-Sep-19 18:08:31

The Labour Party Conference has voted to endorse Jeremy Corbyn's very muddled brexit policy.

This must give a huge opportunity to the Liberal Democrats to enter a general election campaign as the strongest party for Remain.

Anniebach Mon 23-Sep-19 18:08:33

Our firm employs qualified carpenters, bricklayers, plasterers etc, five day week, how will one day provide jobs for young people?

Joelsnan Mon 23-Sep-19 18:08:39

MaizieD
Why did the conservatives bring in austerity measures if it was not to mitigate the 2008 financial crash and reduce the budget deficit inherited from Labour.

Independant 30/06/2018
The then chancellor of the exchequer, George Osborne, said that the coalition government had inherited from its predecessor “the largest budget deficit of any economy in Europe with the single exception of Ireland

BTW I am neither a Labour or Conservative or for that matter I have no strong political leanings. I do not approve of many of the austerity measures applied which have left our social infrastructure on its last gasp.