The latest polls show Labour on course for such a thumping majority (with less than 50% of the vote – how rubbish is first-past-the-post?) that it will be able to do what it likes. There is scope for a lot of invasive government. Despite Starmer’s purges, and his clear intention to present Labour as centre-left, there is still a socialist mindset within the party that does not respect personal property. It feels entitled to it. So today I want to explore what Labour might do, especially if the socialist-leaning instincts in the party come to the fore, and consider ways you can protect yourself.
The party intends to produce “500,000 new, skilled jobs in the industries of the future” as part of its energy plan and put “13,000 more police on the streets”. It hopes to pay “doctors and nurses overtime to work evenings and weekends” and give the NHS “the staff and technology it needs”. Labour’s plans have one thing in common: they require spending. Yet taxes as a percentage of GDP are already at an 80-year high and debt as a percentage of GDP is close to 100%.
Where’s the money going to come from? About that Labour has been vague, which makes sense:
