The Tories and the Economy – Failure after Failure

Anne Marie Waters

Tuesday October 6th 2020

 

In recent weeks, I’ve been covering the work and ideas of American economist Thomas Sowell by reviewing his book Economic Facts and Fallacies.  I will continue this review in the coming weeks,  but for now, a look at the current economic situation in Britain is warranted.  Once again, it is not good news.

The Conservative Party conference is currently taking place online and the speeches are enlightening.  Boris Johnson spoke about the ‘green economy’ and how post-COVID he intends to rebuild in this fashion.  In his speech, he promised greater investment in wind farms, pledging £160 million to upgrade current infrastructure to build turbines.  His target is to use wind “to produce enough electricity to power the equivalent of every UK home by 2030”.

Johnson doesn’t appear to have got the memo that wind farms just don’t work.  They don’t produce the electricity we need and their construction uses up about as much energy as they’ll ever produce themselves.  According to Forbes, “wind is providing only 0.1% of the electricity demand of the country today”.  Despite this, Johnson believes “offshore wind will be powering every home in the country” in 10 years’ time.

It’s hard to know if Johnson has switched allegiance to the Green Party, but this is pure nonsense from him.  He is singing from the globalist hymn sheet; no facts, no science, no evidence, just narrative.

Next up is the Chancellor of the Exchequer.  Rishi Sunak has been handing out billions since the coronavirus crisis began, and now he is promising to ‘balance the books’.  Here is the relevant section of his speech, see if you notice anything…

And we will protect the public finances – over the medium term, getting our borrowing and debt back under control.  We have a sacred responsibility to future generations to leave the public finances strong.  If instead we argue there is no limit on what we can spend, that we can simply borrow our way out of any hole, what is the point in us?  I have never pretended there is some easy cost-free answer.  Hard choices are everywhere.  I will not give up, no matter how difficult it is. 

We share the same values, the Conservative party and the country. And these values are not devoid of meaning to people. They are about protecting that which is meaningful to them. Their family, their home, their job, their ability to choose for themselves what is best for them and those they love.  To create second chances, to see potential met, and to extend the awesome power of opportunity to all who seek it. To answer questions of character with action not rhetoric. To put the people first, their hopes and their aspirations. And above all, to be worthy of the great trust they have placed in us.

Do you see what I see?  It’s just flannel.  Only words, no content.  Rather typical of the Tories if I may say so.  Sunak is full of flashy promises but with nothing to back them up.  Throughout this crisis, it has been the same story again and again.  Sunak throws money, but doesn’t inform us of how he intends to get it back.  Now, he is telling us he will balance the books, but nothing about how or when.

Is this governance?  Is this leadership?

Perhaps the plan is to work us all to death.  Our pension age has now risen to 66 and will increase further.  It is set to rise to 68, and then who knows where?  One thing is clear, it is the British taxpayer who will suffer the consequences as usual.  This in a country that still insists on giving billions to African warlords while its veterans sleep rough.

Finally, the BBC has reported this morning that British employers have planned almost half a million redundancies since COVID-19 entered our lives.  That’s half a million more people depending on the state, that’s half a million people added to the benefits bill, and half a million people no longer financially independent.

Big government is here, and it was brought to us by the Conservative Party.  Years of financial hardship are ahead, brought to us by the Conservative Party.  A nonsensical unscientific policy for “climate change” will leave us with enormous energy deficiencies – will the lights go out in the UK?  If so, this was brought to you by the Conservative Party.

Enough!

This crisis (not to mention Brexit) have shown the public once again that we cannot rely on the current crop.  That is because they are complacent.  Both parties have shared power for so long that they no longer care about using that power in the interests of the people.

The globalist narrative, that’s all that is on offer, and for as long as they take our votes for granted, that offer will be the only one on the table.

 

Anne Marie Waters 

Leader 

For Britain 

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