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By John Redwood's Diary
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Labour makes bad policies worse and undermines good ones.

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The government says it brings change. It wants national renewal without describing what this looks like or how it happens.

They promised to stop the small boats by appointing a new Border Commander. Conservatives had already done that. The Labour one will be the boss of the Conservative one, but as yet there is no legislation to give them any new powers.Meanwhile numbers arriving have gone up

They said they will set up Great British Energy and a National Wealth Fund to boost investment in renewable power. The Conservatives had set up U.K. Infrastructure Ltd and the British Business bank to do that. Ironically as they have a corporate structure and powers they have to implement the same Labour policy until the government manages to set up the renamed bodies.

They think regulating landlords more will help the housing problems. They have decided to take over the bad Conservative bill and make it worse. Their Bill will cut the supply of homes by more.

They say they are ending austerity. Instead they do the opposite, cutting pensioner benefits and threatening many with tax rises. They claim Conservatives starved public service of money when Conservatives put through huge money and real increases in NHS spending. The issue is how do you boost productivity and quality and manage the money better.

They say they inherited £22 bn of unfunded spending but refuse to itemise the bill or provide any evidence. They have increased public sector wages by £10 bn which is unfunded.

They carry on with creeping full rail nationalisation with no plan to boost fare revenue and cut the huge losses. They grant a big pay award to well paid drivers without negotiating any productivity gain.

They sound like an Opposition with a majority. They criticise what government is doing and blame past Ministers. They criticise the economy and then seem surprised when confidence falls. They criticise the public for our behaviours.

When will they show how they will stop illegal migration, slash NHS waiting lists and get the economy  back to being the fastest growing of the G 7 as it was in the first half of 2024 after a slow patch.


Source: http://johnredwoodsdiary.com/2024/09/25/labour-makes-bad-policies-worse-and-undermines-good-ones/


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