|The Bank of England's QE plan is not the answer|
In today's Observer there is a call by 'leading' economists for the government to adopt a Plan B approach which would include many of the measures we have been talking about for the past few years. Bizarrely enough, in the article, Tory MP Jesse Norman is given the credit for getting the Plan B ball rolling by stimulating Neal Lawson of Compass to act. According to the Observer:
For all the constant griping about the government's policies, and a despondency over the perceived flaws of Osborne's austerity prescription, Neal Lawson, chair of the centre-left pressure group Compass, had to admit to himself that they were nowhere.Of course if Lawson had bothered to pick up our manifesto he wouldn't have needed Norman or his group of economists to formulate his Plan B. But the good news is that he and his centre-left colleagues are now beginning to catch up with Green Party policy.
"When Jesse said that I just thought, yep, we need to stop just talking about this stuff and get down to sorting out an alternative plan," Lawson said.
Such are the perils of being a minority party. It would have been nice if a few journalists could have been bothered to listen to what we were saying at the last election, and also to Caroline's recent views on green QE. At least now it is beginning to look like the non-green left is moving in the right direction. If we can work together with others on the left, the anti-cuts groups, such as UKuncut, and the trade unions we may be able to put enough pressure on this government to make it change course. The November 30th pensions action is the next big event, lets help to make that a day of action to stop the government's austerity programme and bring about positive change.