DARLING'S LAST CHANCE

Budget 22 April 2009

22 April 2009 is Alistair Darling's last chance to:

(i) end the recession and drastically reduce unemployment;

(ii) take major steps to create economic and social equality;

(iii)convince people to vote Labour when the general election comes.

Ignore the reactionaries

Reactionaries, who are determined to defend the unequal society, are advising the government not to spend to ease the recession. It is notable that the most vocal opponents of government expenditure are in well-paid (mostly very well-paid)jobs.

They must be ignored. The unemployed, poor families, pensioners, the disabled are the priority.

£100 Billion To B oast The Economy

£100 Billion is the minimum expenditure necessary to:

(i) create jobs to get people back to work;

(ii) increase pensions and allowances for families, the unemployed,the disabled;

(iii) build houses and flats for the homeless,schools, colleges, hospitals.


Borrowing and Repayment

The government is nervous about borrowing because it is reluctant to take the appropriate steps for repayment.

These steps, as I have argued in earlier Blogs, are to:

(i introduce progressively higher income tax rates on incomes over £80,000;

(ii) tax excessive company profits;

(iii) slash expenditure on defence, especially by abandoning Trident.

Without these bold moves, in the budget 22 April, the recession will not end, we shall remain a grossly unequal society, Labour will not be elected.