The Terrible Tory Week


A9Wu8ycCMAI-acu
“No amount of cajolery, and no attempts at ethical or social seduction, can eradicate from my heart a deep burning hatred for the Tory Party.”
– Aneurin Bevan

It’s an odd feeling, to not be shocked when seeing the Prime Minister and the Chancellor of the United Kingdom, bursting into fits of laughter over the fact that the Shadow Chancellor has a stammer. It doesn’t shock me. My initial reaction when watching, was one of “typical”. Their lack of compassion is not only repulsive when it appears on the surface, but it is even more so when reflected in their policies. I expect insensitivity, racism, sexism, homophobic, anti-disabled rhetoric and policy from them. They represent, in so many ways, the problem that – in the words of Glen from The Thick of It – the born-to-rule-pony-fuckers are to this country; evidenced further by today’s Autumn Statement.

Screams of joy reverberated throughout the Tory back benches today as the Chancellor announced that certain benefits would rise way below the rate of inflation over the next three years, amounting to a real terms cut. The idea of a single mum struggling to put food on the table is what keeps these bastards going, much like the idea of laughing at someone with a handicap. The cut pays for their tax breaks.

The Autumn Statement can be summed up quite simply; the rich don’t have enough money and should be given more…. the poor have too much money and should have it taken away. Actually, it can be summed up with even fewer words; the Tory extreme economic agenda has failed. Miserably.

Jobseeker’s Allowance,
Employment and support allowance,
Income support,
Maternity,
Paternity
Adoption pay,
Child Benefit….
Will all rise by just 1% over the next four years. That is effectively a massive cut. But that’s not all. The link to inflation will be broken with a new ‘Welfare Uprating Bill’ to be introduced shortly. The reason for this is that current legislation means certain benefits, by law, much rise in line with prices. By effectively abolishing this, using new legislation, it means that any future link between benefits and inflation, must be introduced through new legislation, four years from now, in 2016. I cannot imagine a future Tory government agreeing to that idea. The link between welfare and inflation may now be lost forever. A massive change to the welfare system. A system of protection for the most vulnerable, destroyed in one sentence of an Autumn Statement, by far-right economic agenda that did not gain a mandate in 2010.

Further, the link to inflation using the CPI instead of the far more generous RPI was reason enough for the Institute For Fiscal Studies to claim responsible for a projected rise in child poverty. Osborne has removed it entirely. For child poverty, the removal of the link to inflation at all, is a massive blow.

Osbourne used the predictably right winged example of scroungers, or “people in bed, whilst hard workers are out earning” to justify the cut. I’m not sure how that justifies a cut in maternity allowance. Child benefit affects ‘hard working’ people as well as the unemployed. And the unemployed is not simply another word for scrounger. They are unemployed, because the most incompetent government in living memory actively sought to plunge the country into a double dip recession, followed by a stagnant economy. They are the pawns in the Tory game. And they are being punished for it. Meanwhile, whilst Starbucks are in the news for both aggressively avoiding tax, and punishing their workers with contract changes…….. corporation tax is slashed by a further 1%. Welcome to Corporate England. Apparently having the lowest Corporate tax rate in the G7 was not enough. It needs to be lower. Much lower….. a quarter lower since they came to power, just two Make no mistake, the Autumn Statement was a huge hand out to the wealthiest, and a huge grab from the most vulnerable. By 2016, the annual loss per family with two children, will be £315.40 a year.

George Osborne stood up to the dispatch box to announce that his plan has not worked. But to fix the plan that has not worked, he announced more of the same failed policies. Austerity will now last until 2017-2018. A year longer than previously stated. In March the OBR predicted that the UK economy would grow by 0.8% this year. The Chancellor today announced that the OBR had revised that, and the economy will have infact shrunk by 0.1% this year.
In fact, the OBR is excellent at getting figures widely wrong. Here, OBR forecasts for 2012 over the past two years:

  • June 2010 – 2.8% growth for 2012.
  • November 2010 – 2.6% growth for 2012.
  • March 2011 – 2.5% growth for 2012.
  • November 2011 – 0.7% growth for 2012.
  • March 2012 – 0.8% growth in 2012.
  • December 2012 – -0.1% growth in 2012.
    How are the OBR taken seriously? Why do the media insist on quoting them, they are simply adding to the horrendous incompetencies of perhaps the most delusional and incompetent Chancellor in history.

    Further, GDP growth has now been downgraded every year until 2018.
    Unemployment is set to rise alongside.
    In fact, here are the Governments own stats on unemployment (downgraded, like every thing else Osborne has predicted).

    Unemployment-500x91

    What this shows is unemployment will not be down to 2011 levels until 2016. This cannot be blamed on Labour any more, nor is it natural. It is by design.
    And here is the evidence that the highest burden, will be placed on the

    We must also point out that whilst the Tory benches cheered with delight at the £5bn promised for infrastructure programs (an admittance that government investment CAN work), they appear to have ignored that two years ago, £22bn cut in investment projects, and has just announced a further 1% cut in departmental budgets.

    Here is how the OBR predicts the changes through the Autumn Statement will fall.
    121204tax-1
    – It shows a horribly regressive pattern, with the bottom 10th of Britain losing 1.75% of their net income. The bottom 3 deciles, getting just horrendously hit by Osborne’s destructive and failing policies. Whilst the middle income bracket also tend to lose out, they lose out far less…… those be the swing voters. The lowest 10th, have actually seen their net income fall over the entire past decade. Now, it will fall again. This, Osborne claims is Britain “on the right track”. According to Poverty UK the “income of the richest tenth is more than the income of all those on below-average incomes (i.e. the bottom five tenths) combined.”

    When 2015 comes around, we can expect Tory supporters of economic neoliberalism to vote Tory regardless of the fact that their agenda has led to a rise in the National debt, a rise in borrowing, a rise in unemployment, and, well, no positives whatsoever. But those on the centre and centre-left politically should never forget that none of this would be possible without the Liberal Democrats. They should be destroyed at the next election.

    Advertisements
  • Leave a Reply

    Fill in your details below or click an icon to log in:

    WordPress.com Logo

    You are commenting using your WordPress.com account. Log Out / Change )

    Twitter picture

    You are commenting using your Twitter account. Log Out / Change )

    Facebook photo

    You are commenting using your Facebook account. Log Out / Change )

    Google+ photo

    You are commenting using your Google+ account. Log Out / Change )

    Connecting to %s

    %d bloggers like this: