To me -
He isnt addressing the deficit. Massive increase in public spending - which he says is costed by corporation tax increases. All fine and dandy - BUT he is making the classic mistake of spending it before he has got it. He presumes that large Corps will just roll over and cough up - they wont. There were countless other massive spending pledges - each time he used corporation tax as the source of the money.
Can we all agree that tax and spend doesnt work.
His ideas are fine in principal
- bring in less competition, nationalise everything......
- I just dont think in the current climate - business will go for that. We need to be encouraging business here - not putting them off. If any chancellor wants to tinker a few percentage points with corp tax / vat - fine. That gives them some money to spend - not spend it 10 times over before it comes in.
Far better to encourage growth / exports than penalise them, which I fear an openly Marxist chancellor would do to further his public sector spending
Having said all that - maybe the country is in need of a change - let them feck it up again and teach us all a lesson - again. Then the conservatives get in - and go too far the other way !!!
UK politics has always been about the centre ground - move away from that - and your days are numbered.
Railways in Wales will be a good test, I dont mind Rail ownership being taken back by the WAG - BUT I dont think the WAG could run a bath let alone a rail company, we'll see what happens there then.
Thats me done for the day on here - too much politics for one morning