Jeremy Corbyn’s economic plans WON’T work claims Labour MP launching own ‘entrepreneurial socialism’ plans – Mirror Online

Jeremy Corbyn

Jeremy Corbyn (Photo credit: Wikipedia)

The left-leaning UK Mirror reports that Liam Byrne will spark a new bout of party infighting by rejecting his leader’s economic plans.

Source: Jeremy Corbyn’s economic plans WON’T work claims Labour MP launching own ‘entrepreneurial socialism’ plans – Mirror Online

Although I have more conservative political views, for me Liam Byrne’s proposals are more economically and politically viable than Jeremy Corbyn’s. He reminds me of the story of the Pied Piper of Hamelin. I remember well when Tony Blair walked on water with masive political support and look at him now?



One response

  1. Jeremy Corbyn’s economic policies are completely unaffordable because, as the man has admitted several times, he intends to pay for his programs by recovering £140 billion GBP in taxes which multinationals have avoided.

    Taxes have been avoided by multinationals using offshore special purpose vehicles and different jurisdictional strategies for hundreds of years through different administrations.

    Thus Corbyn would have to achieve something that no Labour governments have ever achieved before, and given his lack of track record and of running anything, he will fail and would be unable to fund his programs.

    Dr Alf as a former Chartered Accountant and highly numerate interim strategist could no doubt calculate the odds more precisely than most but for me Corbyn has less Than a “snowballs chance in hell”.

    Liam Byrne is a failed Treasury Official, a failed politician, and a little more sane than Corbyn.
    His economic policies might be better than Corbyn’s but not by a sufficient margin to allow him to experiment even if the public were, in a moment of lunacy, to vote for the Labour Party and this latest version of “Voodoo economics”.

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