Hamish McCrae rather spoilt the validity of his
argument by stragely stating that the "Coalition has been quite anti-business in
office", using the examples of oil companies` North Sea revenues, and regulation
of small businesses.(Voices: Can Britain learn to love its richest citizens?
29/04/15) An opinion ignoring so many instances of Tory-dominated coalition
policies, which have shown both leniency and favouritism to the corporate
sector, has to be seen as disingenuous. What about the lowering of corporation
tax to a level eighteen percentage points lower than in the USA, or doing next
to nothing about tax avoidance, with the latest device, the so-called Google
tax, only estimated to collect around £600m, and not until 2019? Does that
really qualify as anti-business? Profits have been allowed to soar, whilst many
firms have been found guilty of refusing to pay their workers the paltry minimum
wage, but only punished with small fines. Has the government clamped down on
zero-hours contracts, used by many businesses to force down costs? No, of course
not, with one result being the taxpayers annually having to fork out £9.2bn in
housing benefit to help the low-paid meet the cost of exorbitant rents charged
by largely-unregulated, profiteering private landlords.
As for business bosses, don`t the latest
figures suggest CEOs of the top firms are now paid something like 170 times the
pay of their average worker, with the government`s only response being to lower
their tax rate to 45%?
Your editorial (Salt shaker,29/04/15) reminded us
how Andrew Lansley ended the "costly regulation" of the food industry, leading
to wholesale reductions in the role of the Food Standards Industry and numerous
food scares, and with so little regulation, the banking culture of greed,
profit-at-all-costs and ensuing scams has continued unabated. Then there `s the
refusal to participate in the EU`s financial transaction tax, and Osborne`s
frequent trips to Brussels to protect bankers` bonuses!
"Anti-business", Mr McCrae? The contrary is
much nearer the truth, and the UK`s position of 28th out of 34 in the equality
league table of developed countries supports the point!
It`s hard to believe I was watching the same
election special programme as John Rentoul.(Question Time Special,01/05/15) For
a start he thought the audience was "packed with truculent northern lefties"
when, judging by the applause and general reaction to the leaders` answers,
there seemed to be a majority, albeit small, of conservative supporters, anxious
about making profits from their businesses!
Then there`s the comparison between the
performances of Cameron and Miliband: no prizes for guessing who was described
as "fluent", "impressive", "polished", "fresh" and even "persuasive", whilst
Miliband, with his "Blairite mannerisms" received the "Like as if" treatment,
and was viewed as "disingenuous". This biased approach to reviewing an election
programme is disappointing in such a respected newspaper.
The fact that Cameron was still peddling the old
nonsense about Labour`s over-spending, even to the extent of resorting to his
party trick of producing Liam Byrne`s note, seems to have gone completely
unnoticed by your reviewer. Just to do a spot of re-balancing, it seems
particularly relevant at this stage of the election campaign, to remind voters
that in the thirteen years of Labour government, £142.7bn was borrowed, compared
to the £157.5bn borrowed by the current Tory-led coaltion in its five
years.
I am sure Mr Rentoul would not agree, but it seems
to me that the whole austerity business has simply been a confidence trick to
enable the Tory-dominated coalition to shrink the state and carry out its long
term plan for a low-wage economy; comparing the country`s economic woes to those
of Greece was nonsense, when we have our own currency, and have quantitative
easing at our disposal, Raising wages to increase spending back in 2010 would
have led to economic growth and, through increased taxation revenues, enabled
improvements to take place in the NHS, education and general infrastructure.
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