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From The Socialist newspaper, 6 September 2017

Magic money tree

No

No "magic money tree" - unless you're a boss or capitalist politician, that is, photo TaxRebate.org.uk (Creative Commons)   (Click to enlarge)

Carl Harper

It was during a BBC Question Time election special that the public was first informed of the fact that a "magic money tree" did not exist by Theresa May.

The PM was responding to a member of the audience who naively believed that the fact her "wage slips from 2009 reflect exactly what I'm earning today" was down to political ideologies and not to horticultural developments.

Yes, there was 130 million to spend on a failed general election designed to give her a landslide victory. Granted, the government then found 1 billion down the back of the sofa to buy back that lost support to give May a majority. Agreed, there is money to give the Queen an 8% pay rise.

But there is no magic money tree!

In fact, those who think one exists are just "selfish" according to David Cameron, a man who spent 25,000 on a shed.

So those workers can just explain to their landlords that although they haven't got this month's rent, the PM values them. And Tesco is bound to accept the PM's value in payment for food, right? If not, there's always those food banks the Tories are "really pleased" exist.

Some experts in horticulture, such as Chancellor Phillip Hammond, recognising the absence of money trees, say that MPs need to be "brave" and resist the urge to pay workers enough to feed themselves.

However, some Tory ministers have now flirted with the idea of ending parts of austerity, clearly concerned about the terrible hardships suffered by their poll numbers.

Boris Johnson is one such compassionate MP, calling for end to the pay cap. He said he wants this done in a "responsible way." We therefore shouldn't expect to see him anywhere near this issue.

The majority of Tory MPs, however, are still wedded to the idea of austerity and 'saving' money. Every penny counts.

Yes, it would have cost the same as just five pairs of Theresa May's leather trousers to make Grenfell Tower's cladding non-combustible, for example. But as we know, there is no magic money tree.

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In The Socialist 6 September 2017:


Socialist Party news and analysis

Fight council cuts - back the Brum bin strikers!

Historic McStrike: if we don't get it, shut it down!

Problem gambling soars by 33%

UN slams Tories for disabled rights ruin

Them & Us


What we think

Tories weak: time for the TUC to act


Schools and teaching

Schools and teaching: A perfect storm of cuts, underfunding, excessive workloads and low pay


Socialist Party workplace news

Strike together for better pay

RMT fighting for passenger safety, accessibility and security

Merseyrail strike over safety: Labour mayor and councillors must reverse their decision

Three week Argos strike ends

Fawley refinery canteen strikers tell their employer: "pay up"

College workers ballot for action in Nottingham


International socialist news and analysis

Hurricane Harvey: A tragedy made far worse by capitalism

Extreme weather events and global warming


Socialist Party reports and campaigns

Determined protest against Chatsworth Ward closure

Young people are searching for an alternative - find it at Socialism 2017

Huddersfield A&E closure goes to judicial review

Three thousand attend Burston strike commemoration rally

Bristol's Labour mayor calls anti-austerity march - now stop making cuts!

Demonstrators see off far-right in Keighley

Anti-fracking campaigners' legal fight


Socialist Party comments and reviews

How the Single Market blocks socialist policies

Bosses' pensions robbery

Magic money tree

Warts-and-all account of class war and the struggle for LGBT+ rights

'Let the producers of wealth unite - and what can withstand them?'


 

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Related links:

Theresa May:

triangleTories in chaos - general election now!

triangleWhat we heard

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triangleBlairites go on saving Tories - boot them all out!

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MPs:

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Food:

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Election:

triangleSweden: left and far right gain as establishment parties falter

Austerity:

triangle10 years since the financial crash - the socialist answer to capitalist crisis

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Grenfell Tower:

triangleTories fear housing anger... but offer no solutions

General election:

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