My view is that Bernard Hickey is a truly independent journalist, giving praise and criticism when due. I think he has a strong point against Labour in this article. We know not everything can be done at once (see Jane Clifton in pn769) but Labour must choose between "transformational change" to reduce poverty and social and inequalities, or cruise on, maintaining low debt levels, while incrementally"tickering" with these issues —which surely should be at the root of action by a truly Labour party government. -- ACW
Bernard Hickey writes:
We all knew the housing supply and winter power crunch for poor renters was awful, but the latest revelations emphasise the need for even more massive new supply of housing and a root and branch restructure of the electricity market.
It is a scandal that the Government is not building many, many more homes — or at least signalling hundreds of thousands in the years to come — while at the same time prioritising ‘keeping a lid on debt’ in its spending plans. And all at a time when real interest rates on Government debt are negative, and going lower.
It is also a scandal that state-controlled power companies are allowing an independent power retailer specialising in helping poor families needing power in winter to shut its doors while selling cheap power to a smelter. More on that below.
No comments:
Post a Comment