Well if you look at the demographics, Tory voters are typically more educated than labour voters. Over 50% of labour voters have limited qualifications so surely they don't really have a knowledge of the economy?
Labour is a very nice idea. Yay, more spending on education, more benefits, better healthcare, whoopee! But where is all this money going to come from?
. Raise taxes on the rich I hear you say? How? Would you like to lower the HR tax band to include more of the squeezed middle? Raise the HR to 70%? Do tell me how much tax you think that will raise, because as a higher rate tax payer if the higher band went up much more I'd seriously consider leaving the country, as would a lot of my colleagues. Tax businesses? So they move head offices overseas to avoid it and take jobs away from the country? Inheritance tax? People will find ways to avoid it as they do now. So come on labour voters, I'm all ears!!
Let's just put this into perspective for those screaming for the bankers bonuses to be taxed more heavily. Say you tax the big bankers (top 100) more heavily and get 1 million more in tax from each (a very very optimistic viewpoint because if I had to pay a extra 1m in tax a year, I know I'd leave the bloody country!). That's 100m more tax a year. Probably half that when you take into account those leaving.
Now, (and I'm not saying this should be done, merely giving examples), if you don't increase JSA in line with inflation, so the real terms cut is £1 per week per person (£52 per year), you have already saved 130 million, 30m more than by taxing big bankers.
What I'm trying to illustrate is that taxing the "big earners" at stupid rates just doesn't work.
Also, anyone with a basic knowledge of economics knows that boom and bust is the way things go? GBH was mind blowingly arrogant to try and suggest he'd fixed it.
I'm not a rich, greedy, selfish cunt, I just believe that fairness cannot be built on the back of a weak economy. See others comments on the national debt for reasons why I think labour are certainly unable to do this. The ethos of the party is generally blinded.
I am dying for a socialist to properly explain to me how left wing ideals wil help the economy. You can't help the poor if there is no money, simple as, I think you're pretty thick if you can't see that.