Join the Socialist Party Join us today!

Printable version Printable version

Facebook   Twitter

Link to this page: http://www.socialistparty.org.uk/issue/688/12922

From The Socialist newspaper, 5 October 2011

Tory conference farce - Carry on cutting!

Sarah Sachs-Eldridge

A Guardian editorial summed up chancellor George Osborne's conference speech as: "while the basic facts have changed, his basic script has not". The "basic facts" include that the world economy is in dire straits and unemployment is soaring, among others. The "script" is the usual Tory fare - attacks on workers and cuts, blandly seasoned with a few minor skirmishes over Europe and tax.

While insisting that it is not a 'plan B' for the economy, Osborne has proposed 'credit easing' as a way of getting money to small businesses denied it by the banks. Many will ask why the banks, with 65 billion of shares in two of them owned by the government, cannot be made to lend money. That over half of Tory Party funding comes from the banks and the City sheds a little light on this.

Treasury minister Justine Greening flailed helplessly in her attempts to explain the complicated plans in a BBC interview. The complexity is borne out of 'Boy' George's attempts to address the 'credit desert' where small companies complain they cannot access cash, without adding to the deficit. The 'idea' is that the government borrows to buy bonds in small and medium companies (which at present do not exist).

But as Andrew Neil pointed out: "The bonds would have to be approved by credit rating agencies (that really worked with sub-prime!). The scheme would probably not touch the very small (where credit is scarcest)."

And, of course, on the issue of the negative effect of cuts and price rises on ordinary people's ability to spend they have no proposals.

Attacks

More concrete were Tory plans to ramp up anti-trade union legislation. John McDonnell, left Labour MP, tweeted: "Osborne's tackling unemployment by making it easier for companies to sack their workers. Is there no sense of irony left on the right?"

Plans floated in Manchester include charges for employment tribunals and doubling the time before a worker has rights at work from one to two years.

Eric Pickles attacked council trade unions for paid facility time, claiming spending on this had "got out of hand". But it's estimated that MPs made 'voluntary repayments' following the expenses scandal valued at double the amount Pickles accuses the unions of costing.

And, as the Unison public sector union explains: "Research commissioned by the Department for Business in 2007 suggested that effective and engaged union representation saves the public purse between 170 million and 400 million a year by improving retention, training take-up, health and safety, and dispute resolution."

In September a leaked document revealed Tory fears that their cuts had exposed the lie in their claim to be the most family-friendly and they were losing support among women. The council tax freeze costing the guts of a billion quid was described as a 'family-friendly' move.

But according to the PCS union, lifting the public sector pay freeze would give the average civil servant's household 16 times more than the saving under Osborne's rehashed council tax freeze announcement.

Also facing the axe are pledges to be "the greenest government ever", as Osborne backtracks on policies to cut carbon emissions rapidly - and the Human Rights Act, as home secretary Theresa May gets it in her cross hairs.

Francis Maude told unions they should "be in no doubt' that the government will reform public sector pensions. But his bluster was answered on 30 June when three quarters of a million teachers, lecturers and civil servants took strike action to defend their pensions. And it will be again.

It's little wonder the Tories want to attack the unions. The strike on 30 November, which could involve four times that number of public sector workers, with enormous public support in opposition to the cuts, has the potential to help unseat this government.

Why not click here to join the Socialist Party, or click here to donate to the Socialist Party.


In The Socialist 5 October 2011:


Socialist Party news and analysis

As BAE threatens cuts... Fight for Jobs!

Miliband's fruitless dreams of a 'better capitalism'

Labour Party conference - No way forward given by 'reclaim Labour' speakers

Tory conference farce - Carry on cutting!

Fast news


Socialist Party reports and campaigns

Manchester: Thousands say no to cuts

Glasgow: Prepare for 30 November strike

London union leaders call for electoral challenge

Poplar and Liverpool: 'If you fight, you can win'


Socialist Party feature

Right to protest under attack


Socialist Party workplace news

North-west construction electricians meet

Construction electricians invade Kings Cross station

Fighting library closures


Socialist Party youth and students

Extract from Jarrow Marchers Blog: Day 1 & 2

Danger: young people's futures at risk

Campaigners learn the ropes

Students join the socialists as fury grows over cuts and fees


Socialist Party review

'Chav hate is class hate'


International socialist news and analysis

USA: Occupy Wall Street struggle spreads

Irish trade unionists meet to launch Activists Network

Chilean students in fifth month of protests


Socialist Party events

Join the fightback: come to Socialism 2011!


 

Home   |   The Socialist 5 October 2011   |   Join the Socialist Party

Subscribe   |   Donate  




Related links:

Cuts:

triangle5,000 march against plans to cut teachers

triangleLabour council's threat to children's care centre

triangleWorkplace news in brief

triangleBlackpool deserves better - anti-austerity rally

triangle31,000 more kids at risk of abuse or neglect

Unions:

triangleKick out the Tories: For a Corbyn-led government

triangleJeremy Corbyn's workers' charter

triangleStrikes can end nurses' poverty pay

Public sector:

triangleWork doesn't pay: Tory policies have meant another wages cut

triangleSupport Corbyn's call to renationalise Royal Mail

triangleTories out! Corbyn can win with socialist policies

Banks:

triangleCapitalism condemned

triangleMcDonnell promises reversal of Tories' tax cuts for the super-rich

Economy:

triangleCapitalist journal's warning to the bosses: Marx was right, watch out!

Tory party:

triangleTory oil spoils v poisonous air

Tories:

triangleChesterfield Socialist Party: Tories Out! Corbyn can win with a socialist, anti-austerity programme

News and socialist analysis

News and socialist analysis

25/5/17

Socialist

Britain's election and the coming battle for Labour

24/5/17

Tuition Fees

Corbyn's pledge: free education - May's plan: hike fees

24/5/17

BBC

The media, May and the general election

24/5/17

Oil

Tory oil spoils v poisonous air

24/5/17

Pay

Work doesn't pay: Tory policies have meant another wages cut

24/5/17

Schools

Theresa 'Lunch Snatcher' May vs Jeremy 'free meals' Corbyn

24/5/17

Socialist

Corbyn in - Tories out

24/5/17

EU

Corbyn and Brexit: Why a socialist approach to the EU is needed

24/5/17

Labour

Obituary: Rhodri Morgan 1939-2017, architect of the 'Welsh Labour' brand

24/5/17

Ttip

Single market = TTIP

24/5/17

General election

May's 'dementia tax' wobble vs Corbyn's extra funds

23/5/17

Manchester

Manchester bombing: Unite against terror, war and racism

22/5/17

Capitalism

Capitalism condemned

17/5/17

Housing

One in three borrow for rent, Corbyn pledges housing revolution

17/5/17

General election

Corbyn's manifesto: An important step in the right direction

triangleMore News and socialist analysis articles...


Join the Socialist Party
Subscribe to Socialist Party publications
Donate to the Socialist Party
Socialism Today 209 cover

triangle25 May Britain's election and the coming battle for Labour

triangle25 May Human rights workers strike in support of sacked union members

triangle24 May The media, May and the general election

triangle24 May Corbyn and Brexit: Why a socialist approach to the EU is needed

triangle24 May Obituary: Rhodri Morgan 1939-2017, architect of the 'Welsh Labour'...

triangle24 May 5,000 march against plans to cut teachers

triangle23 May Manchester bombing: Unite against terror, war and racism

More ...

triangle27 May Southampton Socialist Party: Tories Out! Jeremy Corbyn can win with a socialist programme

triangle27 May Leicester Socialist Party: Tories Out! - How Labour's left can win

triangle30 May Birmingham South East Socialist Party: Education in crisis - the socialist answer

triangle30 May Manchester Socialist Party: Chechnya - Gay rights and the repressions

More ...

Socialist Party Facebook page
Socialist Party on Twitter
Visit us on Youtube

Archive

Archives:

May 2017

April 2017

March 2017

February 2017

January 2017

2016

2015

2014

2013

2012

2011

2010

2009

2008

2007

2006

2005

2004

2003

2002

2001

2000

1999

Legal

SP RSS feed RSS

Platform setting: = No platform choice