Prime Minister Rishi Sunak has outlined his intentions to pick your pockets to accomplish his 5 objectives which include tackling Inflation. Sunak and the Bank of England are intent upon driving us into a recession to deal with Inflation. How ridiculous is this policy? Well it amounts to crashing the bus to make it stop even though the bus has working breaks. It’s like crashing an aeroplane in order to land. This is the ridiculous strategy being pursued by this Tory government and Andrew Bailey the so called governor of the Bank of England.
Surely creating a recession is not the only strategy available to tackle Inflation. This is economics made stupid. Surely a set of qualified economics advisors and experts could devise a better plan. Or is it just that economics has been taught incorrectly for years in schools and universities and this has resulted in a set of so called experts that are unable to apply true creative thought free from the shackles of dogma. Why not look for what has caused this Inflation. Ignore Putin, he is not the root cause: it’s the energy and utilities market that has driven this Cost of Living Crisis. This is what needs to be done to tackle Inflation. Rishi Sunak and these Tories simply don’t get it or they are basically still supportive of the Thatcherite privatisations that have marred Britain since their inception. Britain needs to rid itself once and for all from the legacy of Thatcherism. As I mentioned in my articles dealing with this issue. The biggest obstruction that stops Britain moving forward is the awful legacy of these Thatcherite policies that continue to hold Britain back. We need a government with the courage to actually deal with these real issues. The Tories won’t do it. Blair didn’t do it either and even perhaps Kier Starmer’s Labour vision ( when we actually know what it is ) probably won’t tackle these issues either. In the meantime, as we head towards the next recession, Prime Minister Rishi Sunak will be picking your pocket in an attempt to meet the demands of his 5 point plan for Britain. You will be the ones paying for this with interest rate rises and possibly job losses.