RIP Labour: The day the Labour Party finally died

I'm not the only one who noticed but today marks the end of any useful life that the Labour Party had left in it. I've posted about the impending demise of the Labour Party before but now its finally arrived. The Party's had its problems for a long time but the rot really set in with the advent of Tony Blair and New Labour in the 1990s, followed by the black farce of the premiership of Gordon 'end of boom and bust' Brown. Since then the Party has been on life support and it looks like the feeble efforts of Ed Miliband to resuscitate it have finally failed, for today Chris Leslie, who is apparently the shadow chief secretary to the treasury, will announce that:

"We won't be able to undo the cuts that have been felt in recent years, and I know that this will be disappointing for many people. A more limited pot of money will have to be spent on a smaller number of priorities. Lower priorities will get less."

f this is what Labour has to offer no wonder so many people do not vote. Labour is offering the politics of despair and not hope. It is the politics and economics of reckless irresponsibility. And it is the economics  of those without the courage to deliver change, most especially for those who are dependent upon that change happening in this country. - See more at: http://www.taxresearch.org.uk/Blog/2014/05/30/why-vote-labour-when-their-economic-policy-is-based-on-cuts-and-appeasing-bankers/#sthash.pSmFECAZ.U3EKrhD4.dpuf

So that's it. Labour has completely capitulated to the 'free' market. It is the party of the corporations and bankers. Labour can no longer make even the vaguest claim to be a party of labour and the people. Many of us knew that but this statement makes it official. Labour are finally committed to permanent austerity and even a "budget surplus". 

RIP Labour: The rot set in long ago with New Labour

Whats really sad about this is not just the end of a once great party but that its demise is through its own doing - its suicide because there is absolutely no need to do this - its political and economic nonsense. The cuts can be undone and spending can be raised. As Richard Murphy has pointed out on his blog today there is no need for a budget surplus and, as a nation, we can afford debt. Murphy hits the nail on the head when he says:

"If this is what Labour have to offer no wonder so many people do not vote. Labour is offering the politics of despair and not hope. It is the politics and economics of reckless irresponsibility."

If this is what Labour has to offer no wonder so many people do not vote. Labour is offering the politics of despair and not hope. - See more at: http://www.taxresearch.org.uk/Blog/2014/05/30/why-vote-labour-when-their-economic-policy-is-based-on-cuts-and-appeasing-bankers/#sthash.pSmFECAZ.U3EKrhD4.dpuft as Richard Murphy has pointed out on his blog there is no need for a budget surplus and, as a nation, we can afford debt. Murphy hit the nail on the head when he said:

 I agree with every word of that but there's more - it is the politics of a party which no longer has a useful purpose or anything to offer the British people and has reached the end of the line.

If this is what Labour has to offer no wonder so many people do not vote. Labour is offering the politics of despair and not hope. It is the politics and economics of reckless irresponsibility. And it is the economics  of those without the courage to deliver change, most especially for those who are dependent upon that change happening in this country. - See more at: http://www.taxresearch.org.uk/Blog/2014/05/30/why-vote-labour-when-their-economic-policy-is-based-on-cuts-and-appeasing-bankers/#sthash.pSmFECAZ.U3EKrhD4.dpuf

f this is what Labour has to offer no wonder so many people do not vote. Labour is offering the politics of despair and not hope. It is the politics and economics of reckless irresponsibility. And it is the economics  of those without the courage to deliver change, most especially for those who are dependent upon that change happening in this country. - See more at: http://www.taxresearch.org.uk/Blog/2014/05/30/why-vote-labour-when-their-economic-policy-is-based-on-cuts-and-appeasing-bankers/#sthash.pSmFECAZ.U3EKrhD4.dpuf

If this is what Labour has to offer no wonder so many people do not vote. Labour is offering the politics of despair and not hope. It is the politics and economics of reckless irresponsibility. And it is the economics  of those without the courage to deliver change, most especially for those who are dependent upon that change happening in this country. - See more at: http://www.taxresearch.org.uk/Blog/2014/05/30/why-vote-labour-when-their-economic-policy-is-based-on-cuts-and-appeasing-bankers/#sthash.pSmFECAZ.U3EKrhD4.dpuf

If this is what Labour has to offer no wonder so many people do not vote. Labour is offering the politics of despair and not hope. It is the politics and economics of reckless irresponsibility. And it is the economics  of those without the courage to deliver change, most especially for those who are dependent upon that change happening in this country. - See more at: http://www.taxresearch.org.uk/Blog/2014/05/30/why-vote-labour-when-their-economic-policy-is-based-on-cuts-and-appeasing-bankers/#sthash.pSmFECAZ.U3EKrhD4.dpuf

If this is what Labour has to offer no wonder so many people do not vote. Labour is offering the politics of despair and not hope. It is the politics and economics of reckless irresponsibility. And it is the economics  of those without the courage to deliver change, most especially for those who are dependent upon that change happening in this country. - See more at: http://www.taxresearch.org.uk/Blog/2014/05/30/why-vote-labour-when-their-economic-policy-is-based-on-cuts-and-appeasing-bankers/#sthash.pSmFECAZ.U3EKrhD4.dpu