Comrade Pooh?


I'm not entirely sure what is going on in British politics just at the moment, with the Tory government offering conference what on the face of it are largely socialist ideas. With the single exception of taxation, and that's moot, given the centrist nature of the current Labour Party; they are touting a high-wage, high-skilled, high-productivity economy. Quite how all this is to be paid for, save by raising taxes, is unclear.

Certainly, a high wage base would bring more movement of money, as more people are actively brought into the economy instead of lingering at its margins as at present. But the onus of all this falls squarely on the shoulders of business [as it should, in my book] and quite how this will sit with those whose margins and dividends will be hit remains to be seen.

I for one welcome any move towards a genuine 'levelling up', but I somehow can't bring myself to a) trust them to deliver in any meaningful way, and b) rid myself of the sneaking feeling that chicanery is afoot. Call me an old cynic if you like, but we've been here before so many times in my lifetime, and to be honest, one plank of their plan - the offer of a (stupidly modest) cash payment to relocate for work is kind of redolent of the appalling Tebbit exhortation to mount bicycles...Really? Time will tell, but I do think that Pooh is just spaffing off again in another vain attempt to emulate that other flawed hero of his: Churchill.

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