Yesterday I pointed out that borrowing too much, spending too much and nationalising too much had wrecked the current day Venezuelan economy. Some wrote in to say it would be different in the UK if a Labour government tried the same here.
By Steve Parkhurst, Senior Editor, USDR.
Looking at the news and opinion out of London each day.
Boris Johnson today reveals that every Conservative parliamentary candidate has personally pledged to vote his Brexit deal through the House of Commons if he wins a majority.
John McDonnell today explained that the broadband nationalisation plans are perfectly affordable – upkeep costs would just be £230m a year. This was based on a report from the National Infrastructure Commission.
This week has brought good news that unemployment is at a 45 year low. Although slowing, the economy is still generating additional new full time jobs. Pay is rising at 3.6%, usefully faster than price rises at 1.5%.
Over the last four years evidence of Labour’s institutional racism has been overwhelming.
Some contributors seem to think the public sector cannot add to national output or incomes. This is not true in either accounting or real terms.
– – – – – –
Across The Pond is edited daily by Steve Parkhurst. Steve is a political consultant, a baseball beat writer, a writer at his blog as well as a Senior Editor here at US Daily Review. Follow Steve on Twitter @SteveParkhurst