Until Labour crafts and wows voters with a credible alternative to the Conservative Chancellor’s austerity conjuring tricks, the party will struggle to win another General Election.
The worst hit of any major economy with close on a tenth of national output lost during the pandemic, Rishi Sunak’s woeful record matches Boris Johnson on needlessly lost lives.
Labour’s failure to expose this Tory catastrophic financial failures reflected in a Deltapoll survey showing people still think by a 48 per cent to 34 per cent majority that Johnson and Sunak are better for the economy than Keir Starmer and Anneliese Dodds, the Labour leader and low-profile Shadow Chancellor.
Narrowing and ideally overcoming the economic deficit is vital if Tory overall leads of between 4 per cent and 7 per cent are to be overtaken to give Labour a whiff of Government.
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Politicians trusted to look after our money and spend taxes wisely discover it pays dividends at elections.
Speaking to Labour MPs and thinkers, the frustration was boiling over as their party’s leadership thrashes around instead of sustaining credible assaults which strike a chord with voters.
Sustained, higher spending for the NHS after Covid and banging the drum for many not the few – reminding voters how Dominic Cummings symbolised one law for the Tory few and another for the many – are just two missed opportunities.
Labour opposing now the corporation tax rises it justifiably and repeatedly demanded is politically illogical when increases would be paid only on profits of firms doing well from coronavirus, virus-stricken businesses avoiding the hikes.
Banker Chancellor Rishi Sunak’s itching to reduce living standards and cut public spending in pursuit of self-defeating traditional Tory austerity to curb his growing £2.1trillion debt mountain.
Last time he reduced spending away from Covid by £10billion and on Wednesday he’ll impose backdoor income tax rises behind flashes of cash.
Labour letting him appear competent or fair would see the party pay a high price.
Starmer and Dodds are facing intensifying pressure to detail what they’d do differently as well as what they wouldn’t do such as cut Universal Credit by £20.
Sunak hasn’t got the answers to build back better. Questions are being asked about why Labour isn’t persuading more people it would.