Newspaper article The Journal (Newcastle, England)

Heading to Olympics with a Government That Holds Us Back; Columnist

Newspaper article The Journal (Newcastle, England)

Heading to Olympics with a Government That Holds Us Back; Columnist

Article excerpt

Byline: Dave Anderson

THIS year we should be striding confidently towards the Olympics but I fear that we are sleep-walking towards a second recession and more gloom on jobs, living standards and growth as well as an ever wider gap between the north and the south.

Yet David Cameron, a wolf in sheep's clothing if ever there was one, and his party are even-stevens or sometimes ahead in national opinion polls although, to be fair, Labour won several real elections last year.

A general election is not due for three years and that will be the real test but some pundits say that Labour should abandon its principled opposition to government policies or face years in the wilderness.

The great economist John Maynard Keynes once rightly said that when the facts change, he changed his mind. There is no merit in stubbornness for its own sake and denial.

But it remains crystal clear to me and many others that the government's economic We have a strategy is failing on a huge scale.

people on the children in benefits for children being It is based on false premises that the public sector crowds out a more dynamic private sector and that cuts in the first can unleash growth and jobs in the second as well as curbing borrowing.

and rampant Part of my job as an MP is to support smaller private companies that employ most people. But the evidence is also clear that state spending helps create trading opportunities through big ticket items such as new schools, roads and rail projects.

Yet these were savagely culled when the coalition came to office which then caused a dangerous dip in the construction industry. For all their bluster of staying the course, they have somewhat retreated by giving a small boost to such investment in infrastructure.

They began by cutting the deficit too far and too fast and they have now done this too little and too late. The amounts of money being used now are dwarfed by the original cuts. …

Search by... Author
Show... All Results Primary Sources Peer-reviewed

Oops!

An unknown error has occurred. Please click the button below to reload the page. If the problem persists, please try again in a little while.