Labour: Endless wads of cash buried down in the sofa Nov 25, 2019 6:04:00 GMT -5 mouse likes this
Post by fretslider on Nov 25, 2019 6:04:00 GMT -5
It's easy to see why the left are more concerned about race/gender and identity politics in schools and universities than real education. Ie knowing things.
Rules, what rules? Confusion as Labour ‘drives cart and horses’ through manifesto promises
LABOUR'S £58 billion election bung for women pensioners “drives a cart and horses” through the party’s own spending limits and shreds its credibility, economists claimed.
The party did not include the costly plan to compensate women hit by state pension age changes in its £80 billion a year manifesto, which was unveiled last Thursday.
Prime Minister Boris Johnson was confronted by a voter on the issue during the BBC’s heated Question Time debate the next day.
Labour had hoped for a boost in support after setting out its manifesto giveaway but flatlined in the polls.
Unite boss Len McCluskey, a close ally of Jeremy Corbyn, admitted the party had scrambled to draw up the plan since its election policy document was released.
“In the last three days the team have come up with a way” to solve the issue, he told LBC.
Paul Johnson, director of the Institute of Fiscal Studies, said: “This drives a cart and horses immediately through the manifesto pledge to remain at current budget balance.
“This is another £12 billion a year of borrowing for the next five years.”
Julian Jessop, economics fellow at the Institute of Economic Affairs, said: "While there may well be a case for a targeted hardship fund, Labour's plan to splurge £58bn compensating women - regardless of need - for increases in the state pension age is a poor use of taxpayers' money and shreds any remaining fiscal credibility the party might have."
What puzzles me is why Labour didn't go for the obvious tag-line for this election.
Free Stuff For All - Even The Filthy Rich.
And I thought Gordon Brown and the financial crash were bad. This would be far worse.