Wednesday 21 January 2015

“It’s the economy stupid!”

The number of those on zero hours is estimated in the guardian to be 1.4 million as of may 2014, with many in a more recent issue stating  the government  has no clue how many agencies there are let alone how many are employed under these terms and conditions from  an underestimate from the ONS of 583,000 .Furthermore there has been a real fall in wages since 2008 (http://www.theguardian.com/uk-news/2014/may/01/huge-increase-workers-zero-hours-contracts , http://www.theguardian.com/business/2014/oct/15/uk-unemployment-falls-6-percent-lowest-lehman-brothers ).

In addition since 2013 there has been much made of the recent recovery of employment figures  much of it around London ,south east and east of England .(22nd of January 2014, dailytelegraph; http://www.telegraph.co.uk/news/politics/10589129/Unemployment-in-the-UK-regional-breakdown.html) . However much of this is self employment rising fifteen percentage from its low 13 percent in 2008 and largely concentrated ,away from the more sluggish regions of the north and north west (http://www.theguardian.com/society/2014/jun/17/uk-growing-army-self-employed) .
What does this tell us that growth is greatly unequal  geographically , that it has in fact lead to widening divides of rich and poor in the country and largely illusory.

what  has been promised so far is according to george osbourne more austerity by cutting the deficet by 75 bn by 2018 however this does not factor in his populist attempt to change taxation in order one believes to garner votes. Mr Balls on the other other hand seems to be singing from the same hymn sheet trying to exorcise the idea of labour as the "tax and spend party" as his predecessors Blair and Brown tried to in the 1990s in their election campaigns (http://www.economist.com/news/britain/21621934-labour-and-conservatives-have-laid-out-their-plans-help-squeezed-britons-trust-me).

Yet apart from house building and the like there is little of substance with each part locked in the prisoners dilemma of hoping each party stays silent so as not to spend their precious ammunition prior to the election campaign.

One would hope for more capital expenditure as seen in the last year or two of mr osbournes budgets. Or of something for the north given the north east and north west have been hit hard by the lack of growth in the regions.

Or perhaps something beyond merely ending the exclusivity clause for zero hours workers effectively tying them to the whims of unscrupulous employers and what of mr millibands proposals to end the capricious nature of privately rented housing thereby ending high rents ,revenge evictions and poor living conditions for many families presumably with considerable voting potential especially in the south east and London.

Indeed for all their talk of improving living standards little has been promised by labour and indeed is conspicuous by its absence in conservative party policies.

With the conservatives committed to more austerity and labour committed to a lesser but simular agenda  this hardly seems like we are spoiled for choice , the only alternative offered seems  radical fringe parties with policies unlikely to implemented such as the greens or the likes of ukip with their reactionary right wing agenda which seems to be only libertarianism , anti immigrant hysteria and a  backward revisionist ideal of Britain somewhat separate from the eu yet capable of sound economic and political governance as a sovereign independent state in a world of globalisation .
With this it seems that with no choice but radicalism or technocratic bureaucrats drumming to the same beat of neoliberal worship of the market this years election and politics is going to be business as usual(http://www.telegraph.co.uk/news/politics/ukip/11239826/Legalise-handguns-and-repatriate-migrants-Ukips-7-most-controversial-policies.html) .