Dyno-Rod Cameron and Iain de Torquemada Duncan Smith – when all else fails, tell ’em “God told me to do it!”
As ever, an excellent piece of writing. If you’re not reading her blog, why not?
Of course Raab knew he was misquoting the Trussell Trust (aka lying). It’s a pity there’s never anyone on the panel (including the presenter) with either the knowledge or the guts to challenge him and his ilk when they spout rubbish. I’ve given up on watching Question Time or listening to Any Questions on R4 now, both given me an unwanted increase in blood pressure and put me in a bad temper.
This morning the lead story in the i was that Cameron had been told by the Tories that he had to stop the gap between North and South widening any further. Further to this story, Osborne had been preparing a ‘Worker’s Budget’ for next week. Quite how far Cameron is from anyone, who could remotely be described as working class is explained in detail in Owen Jones’ Chavs: The Demonization of the Working Class (London: Verso 2012).
Cameron’s father, grandfather and great-grandfather were all stockbrokers. His primary school was Heatherdown Preparatory School in Berkshire, whose old schoolboys include Princes Andrew and Edward. When he was eleven he flew across the Atlantic with a group of his school chums to go to the birthday party of Peter Getty, the grandson of the oil billionaire, John Paul Getty. He was, of course, like all good snobs, educated at Eton. Before he went…
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(edited and expanded from my original response to http://www.taxresearch.org.uk/Blog/2013/02/23/on-aaa-and-what-might-happen/comment-page-1/#comment-631503)
I believe the simplest way to stimulate the economy is not found by faffing about with banks & big business but by increasing the net income received by the middle & lower strata of society – the people who will actually spend the extra income – starting the very necessary cycle. It’s like an engine, and ours has stalled.
– people have excess income
– they spend it
– increasing income for business
– increased income allows business to expand/employ extra staff (with the extra bonus of shifting more people off JSA)
– this means more people who have excess income
– rinse & repeat
Yes, I know it’s simplistic, I never claimed to have studied economics (ok, one unit in 1st semester 1st year > 25 years ago). But it makes sense.
If no-one has excess income (except the very rich, who don’t spend in the same way at all), they can’t spend anything, the businesses cannot expand as no-one is using them or buying from them, so everything either stagnates or gets worse over time. Every small, especially rural, town watches local business after business shutdown as no-one has any money to spend on anything but the absolute basics necessary to live. Cheap supermarkets & discount online sellers thrive, everyone else declines. Small towns end up with a High Street of empty premises, a few charity shops, banks, sometimes a pub &/or coffee shop and a never-ending cycle of hopeful businesses opening and closing shops every couple of weeks, with a large supermarket or “retail park” on the edge of town.
Oh, and surely boosting the economy (by increasing the income of more people again) would be done if we started with a bloody council house building program to replace the ones council tenants, like my grandparents, bought in the ’80s. As I said, I’m not an economist, but surely building your way out of a recession is more viable than austerity when all of your possible trading partners are in the same or worse state than you.
I look at our so-called leaders, their opposite numbers & those in the rest of the world and think they could all do with damned good talking to and a stint in the Naughty Corner (I’d say a smacked bottom but I’m afraid that too many of them would enjoy it). Rip off their blinkers and force them to take part in the real world for a year, with no outside help, before they are allowed to make policy that affects lives – make them live the life of those they would destroy & demonise before they do so. A friend said I’d make a good “World Mum” – I think I’d need a huge naughty step and a very big wooden spoon.