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The Labour Party. All discussion here please


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36 minutes ago, Anna B said:

If Corbyn doesn't win this election, I think he will go. Then there will be another battle for the heart and soul of the Labour party. This is possibly the last chance for people to have a government 'for the many, not the few.' I really don't want to see it revert to Blairite LabourLite. 

You mean when it actually won elections.   How odd.  

Edited by ECCOnoob
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17 minutes ago, banjodeano said:

Its not really  odd if they are not offering anything different from before

Like the number of new schools to replace ones that had being falling down over the years...............

Increased spending on health.

 

https://www.telegraph.co.uk/news/general-election-2015/11576801/Did-New-Labour-spend-too-much-in-government.html

 

In the homeless sector where I used to work, national spending went up at least fivefold.

Edited by Longcol
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8 minutes ago, Longcol said:

Like the number of new schools to replace ones that had being falling down over the years...............

Increased spending on health.

 

https://www.telegraph.co.uk/news/general-election-2015/11576801/Did-New-Labour-spend-too-much-in-government.html

 

In the homeless sector where I used to work, national spending went up at least fivefold.

Built using PFI which has caused more problems than it's solved, which is what happens when you outsource and privatise things.

Edited by Anna B
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2 minutes ago, Anna B said:

Built using PFI which has caused more problems than it's solved, which is what happens when you outsource and privatise things.

The amount both the Tories and Labour are talking about spending makes PFI look like peanuts - and PFI largely reflected if you borrow money you will pay a substantial amount of interest - like a mortgage works.

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33 minutes ago, Longcol said:

The amount both the Tories and Labour are talking about spending makes PFI look like peanuts - and PFI largely reflected if you borrow money you will pay a substantial amount of interest - like a mortgage works.

Unless you have your own National Bank. Please see my post 9301

Edited by Anna B
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28 minutes ago, Anna B said:

Unless you have your own National Bank. Please see my post 9301

Who will be buying the government bonds to fund the National Bank - and how much interest will HMG be paying on the bonds? 

 

https://www.ig.com/uk/bonds/what-are-government-bonds

 

You do realise that government bonds are bought by individuals, banks, insurance companies, hedge funds, overseas countries, Russian Oligarchs etc etc?

Edited by Longcol
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The difference is the government will not be at the mercy of the big banks that caused the financial crash with their greed in the first place. Any institution which can bring down the finances of the world has to be challenged, their power curbed, and an alternative sought.

As for Labour's plans, they are fully costed, and we will still be spending less than many other countries including Germany and the Scandinavia where such plans are commonplace. Our country has been starved of investment for too long, with disastrous consequences.

Edited by Anna B
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