It is difficult to disagree with either Rafael
Behr`s description of Labour "hammering" the Tories being like "an occasional
prodding with a foam mallet", or his suggestion that Miliband`s assessment of
the so-called economic recovery which "by-passes the majority" may just be
correct. (A Tory nightmare:what if "red Ed is right on wages? 29/10/14) What is
surprising, however, is Behr`s decision to omit the two most obvious criticisms
of the Tories` economic plan: their idea for a "low wage economy" is meant to
facilitate a regime where lower taxes are paid, especially by corporations and
the wealthy. This has backfired spectacularly, despite record employment, as
workers on low wages or those recently self-employed, pay little or no income
tax, and consequently coalition tax targets will not be met, and borrowing will
increase even further, adding more to a deficit the Tories promised to
reduce.
Secondly, of course, paying low wages does not
benefit an already unbalanced economy; company profits may rise and incomes at
the top may reach even more obscene levels, but much of that money does not
return to the economy. Paying higher wages immediately would be much more
sensible, as spending would increase along with demand, giving the economy a
much needed boost. In addition, there would be less need for housing and other
benefits for which the taxpayer currently pays, rather than the greedy
bosses.
Voters certainly "aren`t stupid", and they realise
that Labour` pledge to have a minimum wage by 2020 of £8 an hour smacks of a
party that is dogged by cowardice, and too firmly in cahoots with business
and the City`s financial chicanery!
So Paul Mason thinks that if Labour fails to win
the election next May, the party can either turn "blue", or, deserting any
working class pretensions it might have, become the party of the "liberal
salariat and the public sector workforce". (Mainstream politics is imploding; is
discontent with globalisation the cause?27/10/14) He clearly views current
Labour policies as being largely orientated towards the working people, but on
what grounds?
The pledge for an £8 an hour minimum wage is a
very moderate one, not to be achieved until 2020, and will do little if anything
to curb the growing inequality, which already places the UK in 28th out of 34 in
the equality league table. Housing policies let the greedy landlords off the
hook, with only promises to cap further rises in rents which already reach
exploitative levels. Proposals to end the employment of unqualified teachers
will have no effect on the decreasing social mobility.
As for remaining the party of the "public sector
workforce", the idea would perhaps have more feasibility if Labour was actually
now demanding an end to their pay freeze and pension reforms, and supporting
them in their industrial action. There is a real danger that many in the public
sector will desert them in May, and who can blame them when Labour`s leaders
appear more concerned about cosying up to business and the City, promising
nothing to limit obscene pay at the top, or anything which might offend the
CBI?
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