As was the case only yesterday regarding Labour’s plans to pay for Police officers, which so embarrassed Diane Abbott the Shadow Home Secretary, the Labour need to be clear about where this money will come from. Tony Blair has consigned the Labour Party to awkward financial constraints by ditching a commitment to Clause IV of it’s constitution and indeed Tony Blair/Gordon Brown’s Governments can now be viewed as failures simply because they could not raise sufficient capital to implement plans to improve the social infrastructure because they were unable to raise the necessary capital without resorting to taxation rises. So now where does Corbyn plan to get his money from?
He needs to be clear on this if he is to mount a plausible challenge to Theresa May. People need to be re-assured that Labour can manage the economy and better than the Tories. Diane Abbott did very little to cultivate this notion amongst Voters with her poor planning.
My own thoughts would be that Public Ownership of the Railways would be the first step to finding this Capital which is desperately needed to improve public services and the social infrastructure of Great Britain. This would be a step in right direction again for Corbyn’s Labour Party and a step away from the legacy of Tony Blair’s influence upon the Labour Movement.
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