Maggie's Right to Buy is Back with a Twist

Margaret Thatcher, former Prime Minister of th...

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35,000 trade union protestors are marching near to where the Tories are holding their annual rally in Manchester, which starts today, (Sunday), – in protest over painful spending cuts.


The peaceful but passionate protests come as yesterday, a prominent Tory MP Andrew Tyrie, chair of the treasury select committee attacked the government over their lack of a credible growth strategy alongside their intensive spending cuts plan A.


Other Tories are also worried that David Cameron is making too many concessions to the Liberal Democrats.


Tyrie claims the government has no credible or coherent growth plan – but David Cameron and his Chancellor George Osborne say they do.


They have announced a huge building programme, which, they say would create 100,000 jobs and create 200,000 new homes by 2015.


Margaret Thatcher’s Right to Buy policy is back with a twist.


Housing minister Grant Shapps tweeted: “Labour killed Right To Buy by lowering discounts. We will raise them. We intend to help at least 100,000 council tenants buy their homes.”


He added: “Proceeds from every sale will be used to build ANOTHER home for affordable rent. No reduction in stock.”


Labour have jumped on Tyrie’s economy comments, as last week Ed Balls the shadow Chancellor announced Labour’s plans for boosting growth in the economy – which included a temporary VAT cut for one year.


The coalition could also end up being at loggerheads over Human Rights, as the Home secretary Theresa May told a national newspaper that she wanted it scrapped.


But a couple of weeks ago at the Lib Dem conference Nick Clegg starkly warned to his coalition partners that the Human Rights Act was “here to stay.”


A YouGov/Sunday Times poll has revealed that Labour’s last week’s conference has given them a boost. They are polling 42% to the Tories 36%.


That poll comes as last Sunday, Ed Miliband had a dire day – with just 9% of Labour supporters thinking he was fit to be Labour leader.


Normally, when it’s conference season, polls are up and down. Parties often have a boost directly afterwards.


There’s a few points to raise about what’s happened over the last couple of days. They are:


1)     The coalition, so far, have made one major mistake when it comes to the economy. When the coalition was formed, they said it would take one parliament to effectively get the economy kick-started again. They will be wrong, I fear. It will take more than one parliament for there to be “real” growth in the uK economy. They should have never even made a deadline. Too much is riding on the coalition to deliver something that is so unpredictable.

2)     David Cameron has fallen into the classic trap that Prime minister’s do. He has been bullied into making a “headline grabbing” pledge to stave off fears in his own party, and wider public, that he has a growth strategy. There is no magic spell to stimulate growth. Governments can’t be expected to pull Rabbits out of hats. It takes time. This is no time for PR gimmicks on economy – even though social housing is a major problem in the UK.

3)     Heads of committees often think they are mini PM’s in the making? Could they do a better job?

4)     One question to ask the union marchers would be, what other alternative is there to managing the debt crisis?

5)     One protestor commented on Sky News that they were making people retire later at the age of 66. How else will we be able to pay off the debt – and to give people better pensions and a better standard of living? if there is no money in the kitty, someone somewhere has to pay for it.

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