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Monday, 3 June 2013

What’s that Labour would make cuts too?

Yes as predicted the labour party have to start to come clean and admit softly that they too will make cuts if elected in 2015. This comes as no surprise to Marxists and those who have any sort of long term perspectives on the situation currently unfolding around the world. Labour as we know has wedded itself to the dictatorship of the market and thus will bow down to its mantra of austerity. So today’s news that labour will end universal welfare on winter fuel allowance comes as no surprise to me at all. As we know all labour controlled councils have also passed on huge tory cuts so this should have been a signal too. • ovary' Labour would cut winter fuel payments for the UK's richer older people if they won the next general election, Ed Balls is due to say. It would affect about 600,000 people over 61 who pay higher and top income tax rates - saving about £100m. But one pensioners' pressure group said it would undermine the principle that those who paid into the system were entitled to something in return. The shadow chancellor will also promise an "iron discipline on spending". Mr Balls is due to tell an audience at Thomson Reuters headquarters in London that Chancellor George Osborne's economic policies have "failed catastrophically" on growth, jobs and deficit reduction. 'Symbolic' He will say the policies will leave a future Labour government with "a very difficult inheritance", and will promise a "tough deficit reduction plan", coupled with more action to strengthen the economy. "The situation we will inherit will require a very different kind of Labour government to those which have gone before," he is due to say. "We will inherit a substantial deficit. We will have to govern with much less money around. We will need to show an iron discipline . Also there we have it what do those who preach to us Owen Jones and all that we need a labour government? Should we not be building an alternative instead of wasting our time trying to reclaim a party which in all fairness was never even ours? With references to the BBC http://www.bbc.co.uk/news/business-22748914

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