Friday, 17 August 2018

Praise for New Statesman

Many New Statesman readers like myself will have been delighted with last week`s edition. Notwithstanding the Leader column giving encouragement for a "red Ukip" party, the article on Faiza Shaheen was seriously uplifting (The Chingford Corbynite, 10th August, 2018). Not only is she aiming to defeat the Johnson apologist and personification of "the cruelty and harshness" of Tory austerity, Iain Duncan Smith, she stands for the values and principles which appeared lost to the Labour party until recently.
    Then Grace Blakeley offered a detailed explanation of not only how the financial institutions caused the 2008 crisis, but why "reining in finance" is necessary to fund the country`s current account deficit ("Bargain basement" Britain isn`t working"). Her substantiated support for "tougher regulation" allied with "more and better taxation" and increased government investment shows how Labour`s economic policies, when explained and argued properly, can win them the next election. Further clarification on how the proposed increases in taxation will only affect the wealthy, ie people earning over three times the national average, is needed, and, of course, more sensible analysis of policies in the press. Hopefully the New Statesman will show the way!

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