Opti wrote: ↑Tue Dec 10, 2019 4:11 pm
Does anyone here seriously think that a Corbyn-led government would be worse for the UK than a Johnson-led government?
In some ways it would be. There would be genuine long-lasting damage to the economy if corporation tax was significantly raised and if £Bns were spent on botched nationalisations that ended up locking-in inefficiency.
The underlying problem is that there is a significant amount of "if we spend on things society needs we'll automatically get a payback, therefore it's money well spent" which doesn't take into account the inefficiencies associated with command-economy spending.
Labour's spending plans are enormously ambitious, accelerating at a crazy rate from a standing start, and I just can't see how they'll manage this process effectively.
The other thing is that Labour's Brexit deal would be sh.t, locking us in to some weird dependent relationship.
Johnson is dreadful in many ways, but so is Corbyn.