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DIANE ABBOT, LABOUR’S DREAM CHANCELLOR

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DIANE ABBOT, LABOUR’S DREAM CHANCELLOR

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Yes, you may think I have taken leave of my senses but in the event of a future Labour Government ever coming about, the person in charge of the purse-strings of the Nation will need extraordinary, if not superhuman skills, to achieve that which Corbyn has promised to his army of fact free zealots. Before getting to the lovely Diane, just consider for a moment some of the things that Labour have promised to bring about;

  1. Corporate Tax on business will be increased from 19% to 26%. This would be a historic and punitive assault on British business. The Adam Smith Institute has calculated such a policy will reduce tax revenues by around £12billion and result in the loss of around 500,000 jobs.
  2. Labour has pledged to scrap PFI and nationalise existing contracts. The estimated cost of this is £176billion.
  3. Labour has promised to erase Tuition fees. The estimated cost of this is £9.5bn.
  4. Labour has promised to increase the National Wage to £10/hour. The estimated cost of this to UK business is around an extra £1billion.

Now in the normal world of economics, you might wonder how all these things can possibly work without poleaxing the economy. But in the world of Abbotnomics things are different.

You will recall Diane’s remarkable grasp of numbers as demonstrated time after time.

Clearly Labour need someone like her, who has such unique Mathematical skills, to ensure that the demented economic plans of Corbyn can be implemented. Diane, like Corbyn and McDonnell, also has held Venezuela up as a template for what the UK could become.

DIANE ABBOT, LABOUR'S DREAM CHANCELLOR

That’s the same Venezuela where people now compete with dogs to eat what they can find in garbage bins or as Diane calls it “a major legacy”.

We should be under NO illusions. Labour will cripple the UK economy if they get anywhere near the levers of power. They have a Marxist vision that will devastate our Private sector whilst boosting the gross inefficiences in the Public Sector. Abbott would be a perfect totem to preside over all of this.

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David Vance

David Vance used to be disgusted but now he tries to be amused! Editor of BiasedBBC.org and ATangledWeb.org, he has appeared on all forms of legacy media but has had enough of that! In the battle for truth and liberty, he prefers the front line. Join our fight back here on AltNewsMedia and subscribe to the platform.

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