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What is Labour's Economic Policy?

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  • Generali
    Generali Posts: 36,411 Forumite
    10,000 Posts Combo Breaker
    Why not let them keep the full £100 in the first place?!

    Because that doesn't create a large client group that feel they are indebted to the Labour Government for their income.
  • kabayiri
    kabayiri Posts: 22,740 Forumite
    Part of the Furniture 10,000 Posts
    The only guaranteed Labour economic policy is that they will protect their own MP interests first.

    It's a natural byproduct of the career politician. Middle ground occupants of a political landscape devoid of inspiration.

    We are frequently told that the Chinese ruling party is a one party broken system. Perhaps we should examine their economic progress over recent times
    - they are pushing billions of dollars into R&D
    - they are trying to extend away from low value manufacturing into things like Nike town clones (marketing/design)
    - they are buying up precious mineral rights, to buffer against commodity shortages
    - they are now trying to encourage at least half a dozen more Lenovo type global enterprises; to compete with the Samsungs and Googles and Apples of this world.

    I can't think of a single inspirational thing to come from Labour in the last decade+. Oh yes, giving free laptops away to underprivileged, that really set the world alight didn't it.

    I'm not sure why they deserve a second chance in office.
  • nickj_2
    nickj_2 Posts: 7,052 Forumite
    labours 1 and only econiomic policy seems to consist of ed balls repeatedly saying that the govt is cutting too hard and too deep , aprt from that i've yet to hear anything that makes you feel like they have a clue what they could do apart from presumeably not cutting too hard and too deep
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Generali wrote: »
    You asked me what I would have done differently and I said.

    Some of those things are different to what the Tories did because I am not a slavish party ideologue, I can think freely.

    It's why it's pointless discussing stuff with ideologues such as yourself as you treat political parties like football teams. Labour yay Tories boo. It's boring and doesn't get us anywhere.

    I'm not a Tory. You are a blind Labourite or at least that's what you posts show you as.

    Another addition to my ignore list. :cool:
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Thrugelmir wrote: »
    Another addition to my ignore list. :cool:

    Why, what has Generali done?
    'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    StevieJ wrote: »
    Why, what has Generali done?

    Not Generali.

    LauraW10.
  • Wookster
    Wookster Posts: 3,795 Forumite
    Thrugelmir wrote: »
    Not Generali.

    LauraW10.

    She's on my ignore list as well
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Moby wrote: »
    Excellent post...a bit too perceptive for some of the plonkers on here though:)

    Seems someone has a dislike of many people......:beer:
  • Moby
    Moby Posts: 3,917 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Firstly, I very much doubt any Labour Govt will end up doing things differently
    in future. They have been inextricably linked to the idea of a large
    all-consuming State since they were founded; they also continue to be enthralled
    to the Unions.
    Don't you mean in thrall to the unions....I doubt if they are enthralled by them!;)
    Also that argument had credibility in the 70's but not so much now....and we wouldn't want to get into a discussion about who the tories are in thrall to would we?

    Secondly, it wasn't me who you initially engaged about Tax Credits. However,
    my point is, and I tried to make that clear in my earlier post, that we shoud
    amend the taxation system so that eventually there will be no NEED for Tax
    Credits. Drag the lowest earners out of tax altogether by dismantling the
    wasteful and unsustainable adminisitrative empire created soley for the purpose
    of spitting out less money than got put in.





    Basically, if you earn below a certain level you dont pay tax. If you earn
    above that, you do not get any tax credits (however you would be eligible to
    receive non-means tested benefits such as Child Benefit - again, up to a certain
    income).





    How can anyone defend a system whereby, for example, an individual/couple pay
    £100 in via tax, it gets mucked around by unnecessary pen pushers and then they
    are meant to be grateful to their benevolent political leaders for deigning to
    give them £30 back as tax credits to top up their income.





    Why not let them keep the full £100 in the first place?!
    Common sense...a Lib Dem policy I believe!
  • Wookster
    Wookster Posts: 3,795 Forumite
    Thrugelmir wrote: »
    Seems someone has a dislike of many people......:beer:

    Yeah Moby is now on my ignore list as well.
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