No posts for a bit, been busy apologies to both my readers.
Our coalition government has now been running things for a few months now, and when I get round to it there will be a post about that, but it's not what I'm going to talk about today.
There are two untruths that are being repeated by the government, one is by both parties in the coalition and one is by the Tories principally. Untruths is perhaps a harsh word but it has the feeling of repeating an interpretation of events enough to make people believe it. So far at least question time audiences aren't convinced.
First, what I call The Mantra
Every time cuts, economic uncertainty and recession are mentioned, particularly when the con-dems are coming under fire for enacting the Tory dream of small state under the auspices of austerity measures they repeat the same thing. We're in this mess because Labour spent all the money on an unweildly large state. Keep an ear out, you'll hear it next time cuts are mentioned within earshot of one of the coalition.
I might be remembering wrong, but isn't our current economic state due to a global financial collapse caused by investment banks trading in toxic debt and making very risky investments for short-term gain, resulting in the treasury having to pay billions to bail out banks? Now, I grant if Labour had properly adhered to the Keynesian plan we should have had a surplus to deal with the inevitable recession and their state was getting pretty big, but the cause, no that was bad banking practice. In fact it was bad banking practice that has largely gone unchanged. The pain has not been felt in investment, due to that fun sub-myth that all our bankers will run off to more relaxed governments if we make things too hard for them. this is rubbish too, lets face it, they're not keen to leave London unless it's for somewhere like Switzerland or the nicer tax havens. And anyone who can go there was offered during the times of plenty, these places are not short on bankers.
Labour is getting it from the coalition for two reasons, the first is simple, The Tories and lib-dems stand to be really unpopular for some of the measures that need to be taken, trying to pass some of that buck to the previous administration is just politics. The other is far more Tory. Many Tories are bankers, or heavily linked to banks. Quite frankly it suits them to cover for their mates, after all favours and tips not to mention cushy jobs post government will be harder to come by if you pointed out your benefactors as the cause of all our woes. It also fits the Tory line that "Big State" caused all the problems not private enterprise. We'll see if this little bit of misinformation takes root.
Second, The Tories have a Mandate from the people.
We hear this a lot, the Tories are still trying to claim some sort of Victory from the Election (An Election that no-one one, let's make that clear) because their guy is in No 10. The only policies the Tories can claim a mandate from are the ones they shared in election manifestos with the Lib Dems, anything else over 60% of the population actually said they didn't want. So, massive cuts, nope,. Big society, no, repeal of fox-hunting, think not, Dismantling the BBC, was that in anyone's manifesto? Youd o hear Tories occasionally trying to claim victory, seemingly in the hope that we'll believe it and assume someone voted for this pap, or indeed that they're allowed to do this because they're in charge. Its worth reminding them this si not the case, more importantly, if your MP is an apologist, sorry Lib-Dem, make a noise, remind them that you and 60% of the population voted against this.
There are other little falsehoods being planted with the hope that they become accepted fact. I'm keeping an eye out for them and will try to blog about them when I can.
You've three followers now! and more readers!!!
ReplyDeleteI agree that before making all these cuts we should be asking why the banks shouldn't be making up more of the shortfall. And I agree that bankers should the same proportion in tax as the poorest in our society. Scare stories about a mass exodus is just that. making money thro' banking is easy - it's because we all need finance.So if the clever guys go I'm sure there'll be loads to pick up the baton.
But... Labour ended up believing its own propaganda. The end of boom and bust to quote Herr Brown. And for that self delusion they deserved the boot.
Good grief, more readers, I should improve the quality.
ReplyDeleteOh, I would never absolve Labour of their part in teh recession, rather I was saying the Con-Dems are trying to put the full blame on to labour and let teh banks off the hook. The mass exodus thing is probably worth a post on its own as it seems to me just a way of scaring those in charge into compliance, and it works.
Dianne Abbot probably said the most honest thing about Labour's economic record, I paraphrase but she said they didn't really understand Banking and so were pretty much believeing anything a banker told them. I Do think Brown was over rated as a chancellor, he was fortunate to be in charge during a boom, and yes, they believed their own rubbish about ending boom and bust (WHich is as inevitable as the seasons) and failed to prepare for the bust. I don't miss Labour, but I'm less happy with what we've got now.