Osborne – Economic Incompetent Or Dangerous Neoliberalist?

Osborne’s economic incompetence is becoming clearer by the day, as economists have warned that if he is to achieve his general election pledge to reduce taxes for middle and low income earners he will either have to make even deeper austerity cuts or impose tax increases elsewhere. Perhaps this is, in fact, a deliberate political move to justify cuts and keep pay down?

The Institute for Fiscal Studies has said that if tax revenues rise by just 1% less than forecast by 2019/20 then the Exchequer would lose around £5 billion in income tax and national insurance. In addition the fall in share prices could cost a further £2 billion by 2020.

Osborne’s election bribe of raising the personal allowance for the 40 pence threshold has always been unfunded and is estimated to cost £8 billion per annum and is now in tatters. In other words he lied to the electorate when he claimed to be competent and made promises that he knew he had little chance of keeping.

Much of Osborne’s spending plans are based on restricting pay in the public sector which are at 25 year low when compared to workers in the private sector – an unsustainable position.

As trade unionists we need to mount an all-out campaign to ensure workers in the public sector do not suffer any longer at Osborne’s hands. The policy of austerity has to stop and it has to stop now. We need an economic plan that brings prosperity to all workers not simply the 1%; we need Osborne to go and for his rag bag neoliberalist ideology to become a thing of the past.

The Workers’ Party Twitter Feed

As the world responds to the Covid 19 virus we see that only collective social action, science based government decisions & publicly funded Research & Deveopment in conjunction with public health services, can marshal a defence and cure.
https://theworker.org.uk

The "special" relationship between Britain & US? Refusal by authorities to allow entry to British cruise ship. Instead Cuba, in the spirit of international solidarity have allowed the ship to dock & are providing treatment to Covid positive passengers.
http://www.radioreloj.cu/en/international-news/british-newspaper-highlights-solidarity-of-cuba/

This is the EU scorched earth policy. When health professionals & public health bodies across Europe & the world are working together, the EU is resorting to siege tactics and denying UK's access to coronavirus vaccine. https://www.google.com/amp/s/www.independent.co.uk/news/uk/politics/brexit-coronavirus-vaccine-update-uk-news-symptoms-a9402976.html%3famp

Uyghur separatists in China are pan-Turkic racists, have historic links with Turkish fascist, terrorist group the Gray Wolves & long-standing support from the CIA. Pro-Islamic Uyghur militias are present in Syria with invading forces.
https://thegrayzone.com/2020/03/05/world-uyghur-congress-us-far-right-regime-change-network-fall-china/ via @TheGrayzoneNews

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