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Tory false panaceas

David Cameron was at it again yesterday, repeating the mantra that his regime’s “long-term economic plan” is succeeding.

It’s his stock reply to accusations that the Tory-Lib Dem coalition is presiding over a Britain of mass unemployment, bedroom tax evictions, zero-hours contracts and booming foodbanks.

Yet few pundits and politicians have pointed out that the pompous emperor and his smug little Chancellor have no clothes.

What is this “long-term economic plan” (LTEP) which supposedly is delivering economic growth, more jobs and higher wages?

The text can’t be found on the Lib Dems’ website, which nevertheless claims the plan as the party’s own.

Lib Dem Business Secretary Vince Cable finds the term LTEP “a bit Soviet” for his taste, whereas Treasury Secretary Danny Alexander happily echoes the mantra of his Tory-Soviet masters.

The Tories’ central website identifies the plan clearly as the property of the Conservative Party and sets out its five aims — reducing the public-sector deficit; cutting income tax and freezing fuel duty; creating more jobs; capping welfare and reducing immigration; and “delivering the best schools and skills for young people.”

That’s it. Some associated policies are specified such as reducing national insurance contributions, cutting corporation tax, getting rid of “red tape” and investing in infrastructure — rail, roads and broadband — all explicitly for the benefit of employers.

There’s the claptrap about halting “benefits and health tourism,” inculcating immigrants with “British values” and restoring discipline in schools.

But there are no proposals to rebalance the British economy away from financial services to engineering and manufacturing, ensure that corporate tax cuts go into productive investment, stimulate housebuilding or develop energy and transport strategies to cut our carbon emissions.

It’s a short-term scheme to transfer yet more wealth to the rich and big business, while the rest of us fund the services essential to any capitalist economy.

The tragedy is that Eds Miliband and Balls parrot the same false panaceas about cutting business taxes, capping welfare spending and clamping down on immigration. Where is Labour’s bold, coherent alternative economic strategy?

SNP and Trident

The SNP could hold the balance at Westminster after May’s general election and might well demand the eviction of Trident from Scotland or a new referendum on independence as the price for sustaining a minority Labour government.

The nationalists would be under pressure to fulfil their anti-Trident pledge to the majority of Scots who want the nuclear subs out of their country.

For the British ruling class and its establishment in the armed forces, Civil Service and politics, on the other hand, nuclear arms guarantee a top seat at the United Nations, Nato and the European Union.

It would therefore be surprising were the Ministry of Defence not drawing up contingency plans to transfer the Trident base from Faslane to somewhere like Milford Haven in south-west Wales.

That might explain why, alone of all the Welsh Labour MPs, only Paul Flynn voted with Plaid Cymru, SNP and Green MPs last week to abolish Trident.

Now would be the ideal time for Welsh First Minister Carwyn Jones to atone for his witless remarks in June 2012 that Trident would be “more than welcome” in Wales.

He and his government should declare that Wales wants no part in hosting weapons designed to murder millions of civilians.

Above all, we need a united struggle across all the nations of Britain to rid us all of this grotesquely immoral and expensive capability altogether.

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