How bad will Trussonomics be?

13th September 2022 shoreditchadmin2 0

The economic project of the Truss government overall has no prospects at all of meeting its stated aim of increasing the trend rate of growth in the economy.
The sole important obstacle to severe further damage to living standards, public services and wider society that are central to the project is the resistance being mounted by many trade unions and their members.

Two very different strikes

21st July 2022 shoreditchadmin2 0

Socialists support the striking rail workers and any others who enter the fray.
At the same, the Business Investment strike must be broken for any realistic possibility of a sustained rise in living standards.

Austerity isn’t back. It never went away

15th December 2021 shoreditchadmin2 0

NEF analysis shows a fall in living standards for the lowest paid half of the population, and a big increase in incomes for the top 5% of earners. On this evidence, the point that austerity has never gone away is irrefutable. The government clearly has an interest in misleading the population on this point.