Tory policies have caused Britain to run aground. Thatcherite policies and values have now backed Britain into a cul-de-sac. There is no route forward any longer and therefore no reason to cling to the values of Thatcherism. Britain has no income and longer is is also bankrupt of ideas. Now the only course of action available to the Tories is to raise levels of government income from taxation. This was inevitable as a result of privatisation of Britain’s assets. Recent Tory governments have relied upon borrowing as a way of shoring up the facade that everything was under control. Then along came Liz Truss who tore down the mirrors to reveal the true horror show that the Tories had created. Truss even managed to make matters worse and that takes some doing.
No level of tinkering about by Jeremy Hunt will make matters any better. He is about to reveal a new level of taxation and unleash that on the British Public. Taxes taxes and more taxes. As if the public weren’t already struggling with higher interests rates and mortgage repayments. As if they weren’t already struggling with paying the price Hikes in energy costs and the subsequent inflationary prices. It seems that at every new announcement or misguided policy or budget that the Tories impose on us, that matters actually get worse and worse.
It comes as no surprise that the Tories are viewing tax rises as their only option
Entering a General Election year we see a small drop in level of taxation by the Tories but this is only an election sweetner likely to be taken back again if the Tories are re-elected. In actual fact to avoid swathing cuts to public services in the future a level of highr taxation is needed. despite this reality Jeremy Hunt has seen fit to make small giveaway but if this isn’t reversed then will come the cuts to public services. The Tories have run out of ideas. Thatcherism has run it’s course and now it’s run out of steam. Trickle down economics is mis-trusted. WFrom water companies to Railways and Energy companies Thatcherism has been discredited mainly because of the greed of shareholders and bosses out to make fast big bucks for shareholders. These companies are all in trouble or selling their products at highly inflated prices all to the detriment of Britain and it’s infrastructure. Thatcherism was evaporation economics based on greed. Thatcher promised improved services but that never materialised. However Thatcherite values still prevailed in the values of the Conservative Party right up to the present day. Thatcherism is still evident everywhere in Britain even after 40 years and all political parties have to share some of the blame. The Railways, Electricity, Gas and Water still remain mostly in private sector. This is due in part to Blair who led the country and the Labour Party up the garden path. Blair remains a traitor to the Labour Party. An experiment in middle of the road politics that spawned a monster. Blair’s Labour Party did nothing to reverse the excesses of Thatcher and Major. By doing nothing it seemed to endorse them. Blair’s legacy was complete failure and is a period best forgotten by the Labour Party.
Britain needs socialism now to turn round our economy and open up new avenues to prosperity
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