'Securing the recovery' - bollocks

Could it hurt if Labour just stopped lying? Stopped stealing from future generations to make themselves appear attractive to a very deluded electorate? Stopped 'helping' people?

One of their bullshit pledges is to 'secure the recovery', which they are doing by the worst possible methods, stealing from future generations to make themselves appear more attractive to the electorate of today. I fear that too many people are seriously misled by Labour's attitude to recessions.

Faced with a global recession and the worst financial crisis in 60 years, Britain was not prepared to let the recession take its course – and neither were we.

Is that so? Because what this reveals is that Labour are a bunch of extremely short-sighted imbeciles who care not a jot for the economy, only for the next election, and the precious expenses and perks that they get as MP's. No government has ever cared about truth, but this Labour government is a particularly bad case. Does anyone acknowledge why the economy was in a recession in the first place? Of course, the cause was 'malinvestment', primarily in housing. Labour claims the recession was just a spontaneous event, that just magically came from the United States with no warning, without mentioning the enormous increase in house prices that occurred in Britain during the boom. As well as cheap credit from central banks, lets not forget the influence on house prices that excessive planning regulations causes, explained here by the Adam Smith Institute.

The action we took together cost money, but it is working - the rate of unemployment, business failures and home repossessions have been a lot lower than in the Tory recession of the 1990s.

The low rate of unemployment can be explained by

1) The number of people in completely useless non-jobs in the public sector which the increasingly squeezed private sector is being coerced to pay. And to add insult to injury, jobs which have very large pensions and salaries compared with the private sector, and jobs that people are almost never fired from.

2) Employees in the private sector willing to take a certain pay cut rather than a possible job cut.

No. 1 must be stopped immediately, and the civil servants forced to find another job in the private sector, which should definitely boom with all the money that can be used by business to increase profits rather than on the burdensome and unnecessary public sector. And no. 2 has only been made possible by Labour leaving the private sector alone (mostly) as far as wages are concerned (except in the case of the minimum wage, of course). Because if government raises the price of labour, business can only afford to pay fewer employees than they had before. And this results in high levels of unemployment - the Great Depression is the best example of government price fixing gone wrong.

And why are lower rates of business failures necessarily a good thing? Bankruptcy is an indispensable part of a market economy that kills off the weakest enterprises and clears out all of the bad investments. If a bad company goes bankrupt, better companies that serve the needs of the masses better will come into existence. But the profit/loss system also serves another necessary purpose - it provides a disincentive for companies to make risky decisions, thereby providing the economy with a measure of stability. When you fuck up the profit/loss system, as Labour have done with the bank bailouts, it gives banks the signal that nothing will happen if they rack up unsustainable debt or run their business badly - they shall continue receiving their extravagantly high salaries, all on the bill of the taxpayer, of course. This puts the economy in grave danger and proves a point that classical economists make - that when government tries to stabilize the economy, it will always lead to more instability. This sort of interventionist policy is pure insanity!

The VAT cut and the tax cut for 22 million people helped families and businesses at a tough time

This tax cut is beneficial to consumers, as they can save more money, to be spent on other consumer goods. So why not make it permanent? Hello, Darling? Darling? Are you ther... fuck it. No Labour tax rise is temporary, and no Labour tax cut is permanent.

The car scrappage scheme helped to sell over 300,000 cars and kept the car industry on its feet

This is another attempt by Labour to fuck up the free economy. People were not buying cars during the recession, because cars are not the most important need of the consumer. A free market decides what goods to make, and in what quantity to do so, to best serve the needs of the masses. But the sight of a traditional sector of the economy doing badly made Labour feel that something must be done. So what did they do? They paid people to buy cars, using money collected in the form of tax from sectors of the economy that actually did sufficiently well to exist under a free market. The money wasn't even used to buy primarily British cars, which I imagine was their intention! The scrappage scheme also revealed hypocracy from the Labour party regarding their belief in global warming and things environmental, because it is more polluting to scrap an old car and buy a new one than it is to continue using the old one.Lets not forget what can happen if the state favours one particular industry over all others, rather that leave it to the market to work out what shall be produced.

We will continue supporting families and businesses, strengthening the recovery and promoting jobs. When growth is secured, we will halve the deficit over four years and we will do it fairly.

How will they know whether growth is secured? What if growth is never truly secured, like in Japan during it's lost decade? And what is 'fair'? Is it a discriminatory progressive taxation system, or a flat tax which takes an equal amount, as a percentage of income, from everybody? And how will government cut £83.5 billion in four years? Where will the cuts lie? Not a word.

Wait just a second, there are two words...

Tough decisions

Two of the most annoying words in existence. A convenient euphemism for the dreaded c word, Labour politicians talk out of their arses constantly about 'tough decisions'. Just shut the fuck up and tell the truth.

But they never will, because the truth is that all the actions taken by the government: preventing the private sector from bankruptcy, racking up debt, lowering the BofE interest rate to 0.5%, quantitative easing, have all sowed the seeds of yet another downturn. After nearly a year of rising house prices, they have fallen again, and the scam of this stimulus will soon be revealed for what it truly is. Another boom, turning into bust.There will be cries for more government. No lessons will be learnt.

No mainstream politician knows how to get a country out of recession. And with an education system that preaches that the government is the kind, omni-benevolent institution that is going to cure us of our problems, lord help us in the coming decades...