Comments on: Osborne and Cameron’s promised rebalancing of the economy is long gone https://leftfootforward.org/2015/01/osborne-and-camerons-promised-rebalancing-of-the-economy-is-long-gone/ Left Foot Forward is the home for UK progressives. We provide evidence-based analysis on British politics, news and policy. Mon, 05 Jan 2015 02:49:00 +0000 hourly 1 https://wordpress.org/?v=6.9.5 By: Leon Wolfeson https://leftfootforward.org/2015/01/osborne-and-camerons-promised-rebalancing-of-the-economy-is-long-gone/#comment-690365 Mon, 05 Jan 2015 02:49:00 +0000 https://leftfootforward.org/?p=92088#comment-690365 Eh. It’s more likely that they see the City as the “Makers”, and people just misunderstood what they meant.

It’s like “We (the Coalition) are all in to together (and stuff the 99%).”
You have to look for the sub-text.

Labour are using the same economics, though, so can’t credibly try and discredit the Tories on this. Moreover, manufacturing as-talked-about by successive governments means low-wage factory jobs, not the small to medium workshops which actually form the backbone of UK manufacturing – and where technologies like 3d printing have the chance to revolutionise things.

(Not to mention we should also be focusing on other areas we have a comparative advantage like creative media – not only VFX, but films as a whole, games, etc.)

Also, why the **** are you believing ING, no offence? Wages are still dropping, there’s no real growth seen in the economy outside the city, etc. – people are borrowing for food and rent; Consumer sales didn’t do that well this Christmas, and yet debt still rises..

]]> By: Guest https://leftfootforward.org/2015/01/osborne-and-camerons-promised-rebalancing-of-the-economy-is-long-gone/#comment-690345 Mon, 05 Jan 2015 02:14:00 +0000 https://leftfootforward.org/?p=92088#comment-690345 In reply to swat.

So basically ever-more low-pay jobs in factories. Right.

]]> By: swat https://leftfootforward.org/2015/01/osborne-and-camerons-promised-rebalancing-of-the-economy-is-long-gone/#comment-690109 Sun, 04 Jan 2015 14:52:00 +0000 https://leftfootforward.org/?p=92088#comment-690109 What matters is keepin people in gainful employment so that they have little time or interest to think about anything else. Labour must be committed to full employment, and be focused on industrial growth, and finding and creating the new markets to sell Britains goods.

]]> By: littleoddsandpieces https://leftfootforward.org/2015/01/osborne-and-camerons-promised-rebalancing-of-the-economy-is-long-gone/#comment-690073 Sun, 04 Jan 2015 12:57:00 +0000 https://leftfootforward.org/?p=92088#comment-690073 The over 60s are unlikely to escape the working poor.

TUC agree that over 60s disabled / chronic sick are unlikely to gain re-employment, after being early retired under the massive austerity job cuts on an average works pensions of merely 4 per cent lowest income.

The denied state pension payout since 2013 within a ring fenced and full National Insurance Fund wrongly being called a surplus since 2013, that denies a couple 7 years payout from then, could have helped generate youth employment on the high street, as it is the over 60s who shop in town centres.

So it would cost nothing for Labour to do a u-turn and bring into Labour’s 2015 manifesto repealing the Coalition’s Pension Bills 2010-2014 that will leave the over 60s working poor / unemployed to a 50 per cent rate with NIL STATE PENSION FOR LIFE and bulk of rest with LESS NOT MORE state pension,
after paying an extra 7 years of 12 per cent per year off wages
compulsory NI deductions, only to get less or nothing at all.

https://you.38degrees.org.uk/petitions/state-pension-at-60-now

Labour could not only win big in 2015 and be able to form a majority government without any need of any coalition partner, but be able to gain the 326 MP seats in mostly England and Wales, more than making up for all the Labour MPs being lost in Scotland.

Labour could also win the Lib Dem seats in England and Wales, few that are left.

Especially the Lib Dems Pensions Minister Steve Webb’s seat and Lib Dems’ Leader Nick Clegg’s seat.

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