This is a good read. Having called an election to increase her majority and her personal mandate heading into Brexit talks, May’s plan backfired spectacularly last week and now inflation numbers show why Tories do not want another election
Let’s recap on the strategic highlights of the Cameron/May years:
The pain of austerity in the earlier years impacted the working and middle classes. Now because of the Brexit referendum, Sterling has fallen and inflation increased. So austerity and rising costs are impacting all bar the wealthy, viz. it’s the wealthy who are sponsoring the right-wing of the Conservative Party, pushing Theresa May for a hard Brexit.
BUT ordinary people have been duped and had the wool pulled over their eyes. If it’s painful now, post Brexit will be much, much worse, with job losses, lower incomes, higher costs, collapsing social services and worse, as downside risks materialize.
Some of us still think that common sense will prevail. There are two elephants in the room, austerity and Brexit.
As highlighted in this blog many time, radical reform is preferable to austerity but it takes strong leadership. With regard to Brexit, the public attitude has softened considerable – people are frightened and hostile to the Far Right – and an interim solution towards a soft Brexit makes sound sense.