The Government needs a major economic rethink for 2025 – this plan isn’t working
Hard growing
NET Zero is meant to be Labour’s aspiration for the environment, not economic growth.
But zero it is — the sum total so far under a Government supposedly laser-focused on putting Britain at the top of the G7’s growth table.
The fact we WERE top when they took over in July, and are now joint bottom and potentially facing a self-inflicted recession, tells its own grim story.
For all their faults, the Tories engineered a healthy recovery post-Covid and post-Truss. But families and firms were already on the brink under a crushing tax burden.
The fatal error in Labour’s Budget was to tip them over the edge with yet more tax hikes . . . after weeks of gloomily talking down our prospects, terrifying businesses and deterring investment.
Labour’s only growth so far has been to the vast public sector payroll, the bank balances of militant union members . . . and the dole queues.
The forecast is stagnation, or worse, since the Budget’s most damaging measures do not even take effect until April.
Chancellor Rachel Reeves claims fixing the economy is a “huge challenge”.
It certainly is if you’re constrained by left-wing ideology — higher taxes, more union power, a permanently expanding State and the entire bill footed by the wealth-creating private sector.
The Government needs a major economic rethink for 2025.
This plan isn’t working.
Poll chancers
VOTES for children is a shameful Labour ruse to rig elections in its favour.
There is no serious case for handing 16-year-olds, who have never paid a bill and are not trusted to drive, buy booze or watch an 18 movie, the power to pick a Government.
Nor is some noble principle at stake. The sole aim is to expand the numbers likely to vote Labour. Teenagers traditionally lean Left. If it were otherwise Labour wouldn’t touch the idea with a barge-pole and they know it.
The irony is it could backfire disastrously.
If, by 2029, we have a young generation even less able to earn a decent wage, or rent or buy property, they may seek alternative politicians, probably not on the Left.
Across the Channel it’s already happening.
Labour meddles with our precious election system at its peril.
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