Good to see some genuine debate at yesterday’s Prime Minister’s Questions.
Cameron repeatedly falls back on the idea that we need a strong growing economy, and that only he and the Tories can ensure this.
I take issue with the kind of economic growth the Tories are promoting for a number of reasons –
– Because they are signally failing to address systemic structural issues of the kind that caused the 2008 crisis, necessitating bailing out the banks – a massive transfer of wealth from public funds to the private sector which created the deficit.
– Because the rewards of the kind of economic growth the Tories are promoting aren’t shared equally. Austerity measures mean that for the first time since the industrial revolution, most people aren’t getting any better off. Meanwhile a small economic elite are claiming obscene levels of pay.
Labour need to find ways to challenge the Tories on this.