Government has no money of its own, yet successive governments have spent taxpayers’ money on failed projects with impunity – and immunity!
When considering one of the recent less than helpful policy choices foisted on us by Labour, putting up National Insurance on employers’ contributions – which has in practice stopped many companies from taking on new employees despite Labour pinning everything on growth! – it got me thinking about how poor policy decision-making often is at the top. Presented with the key facts, almost anyone could have told Keir Starmer and Rachel Reeves (and they did) that this NI hike on employers was a poor idea, yet the decision was made by top politicians earning six-figure salaries!
Let’s think about some of the other poor and costly policy decisions of recent years. It’s actually hard to know where to start!
Most Lib Dems would struggle to approve of any of the measures enacted by the Thatcher Government, but selling off council housing, a deeply ideological move, was perhaps one of their most reckless ideas. The lost pool of social housing was never replaced so, decades later, we have many less well-off families permanently locked out of affordable housing and, tragically, more homeless people than ever on our streets.
And what about the Iraq War? There never were any weapons of mass destruction and Tony Blair only really agreed to stand shoulder to shoulder with President Bush on the War because of the questionable ‘special relationship’. Think what this cost the UK in terms of lost lives and billions wasted on military combat. The 2016 Chilcot Enquiry concluded, “The consequences of the invasion and of the conflict within Iraq which followed are still being felt in Iraq and the wider Middle East, as well as in the UK”. Yet somehow only the Lib Dems could see in advance that this War was deeply wrong.