Posts under ‘Macroeconomics’

Labour would do better being anti-austery, anti-war and anti-corporate says poll

by Jon Lansman.

According to new polling evidence from YouGov, not just Labour voters but also the party’s swing voters prefer “a leftist Labour Party than a Blairite one” as Stephan Shakespeare, YouGov’s CEO puts it, adding: “People are not as attracted to the mushy centre as they were five years ago“. The poll shows big majorities for an agenda […]

Why doesn’t Labour take on the Tories over the economy?

by Michael Meacher.

It is bizarre that Osborne continues to preen himself that the economy is such a strong card for the Tories at the election when in fact every aspect of the UK’s economic performance is looking bad and getting worse. Yesterday it was reported that the growth rate in the final quarter of 2014 was down […]

Syriza’s shows Labour how to prevent vote haemorrhage to Greens, SNP & UKIP

by Michael Meacher.

It would be idle to pretend that Britain’s economic problems resemble those of Greece when the latter has suffered a 25% reduction in its national income and where three out of every five young adults are now out of work. But there is one parallel between them which is shared by both countries, as well […]

Syriza’s victory: turning hope into reality

by Michael Burke and John Ross.

The Greek people have inspired every progressive force in Europe, and beyond, by electing the first anti-austerity government in Europe. Syriza has similarly inspired every progressive person with the great political skill with which it outmanoeuvred the forces in Greece and Europe who attempted to scare the Greek people into not voting for it. As […]

As Syriza win on an anti-austerity platform in Greece, Labour MPs seek a change in direction here

by Jon Lansman.

As Syriza wins a remarkable victory in Greece on a platform of ending austerity and greater state intervention in the economy, fifteen Labour MPs have today expressed concerns about elements of Labour’s policy agenda, and proposed a change of course in three key areas. They have issued a statement calling for an alternative to austerity, for public […]

Tory own goal on debt and the deficit pledges

by Michael Burke.

The Tory Party has decided to make public finances a key battleground for the election. Key supporters of austerity such as the FT’s economics editor Chris Giles have echoed that, arguing that the “defining battle of the 2015 general election [is] over borrowing and public spending“. It is only possible to stake out political ground on […]

Greece needs debts cancelled and growth

by Newsdesk.

Greece goes to the polls this Sunday (25 January) and the anti-austerity party SYRIZA has been consistently ahead in the opinion polls for a number of months. A SYRIZA win would be a boost for all those opposed to austerity in Europe and beyond. The Greek economy has seen a devastating collapse, brought on by […]

The economy should be Labour’s turf, not the Tories’

by Michael Meacher.

It is astonishing that the Tories have opted to fight the coming election on their economic record (maybe because fighting on any other issue would be even worse?) – and equally astonishing that Labour has made such a poor fist of retaliation. The simple truth is, there is nothing at all about the Tory economic […]

The light dawns … on the failure of austerity to overcome recession

by Bryan Gould.

A complete understanding of great events will often have to wait until well after the shouting and the tumult die away and a longer perspective permits a more objective assessment of what really happened. Even then, though, greater elucidation proceeds at a glacial pace. Today, we may well find ourselves again at the beginning of […]

Osborne learns to his cost that private markets don’t oblige

by Michael Meacher.

It’s really rich that Osborne has tweeted: “Vital this (drop in the oil price) is passed on to families at petrol pumps, through utility bills and air fares”. He’s spent the last 5 years lambasting Labour in support of the Tory free market mantra that the State should get out of the way and leave […]

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