Posted: 7/13/2016 Updated: 12/31/2016
Update Of 12/31/2016
That the United Kingdom voted for the terrible U.N. resolution 2334 (I blogged here about it) on December 23, 2016 is another sign that Prime Minister May is dubious. It was reported that president-elect Trump contacted Egypt’s president just before the vote on this resolution. I wonder whether he also attempted to contact PM May and what ventured.
Trigger
Over the past few days, I have read a few articles indicating that the new British prime minister Theresa May is not going to be anywhere near or similar to Margaret Thatcher. I have to admit that I did not know about this lady very much before she became prime minister.
Experiments With Socialism
The British, unfortunately, have also implemented way too many socialist policies latest since the end of 1945. Only with Margaret Thatcher were some of these reversed, but very incomplete.
Wrongheaded
The Prime Minister’s very questionable analysis of the current situation reads as follows (emphasis added, comments inserted):
“Because right now, if you’re born poor, you will die on average nine years earlier than others. [Does she not know that there is an awful nationalised health care in the UK?]
If you’re black, you’re treated more harshly by the criminal justice system than if you’re white.
If you’re a white, working-class boy, you’re less likely than anybody else to go to university.
If you’re at a state school, you’re less likely to reach the top professions than if you’re educated privately.
If you’re a woman, you still earn less than a man. [To hear this unequal pay nonsense from her is very disappointing]
If you suffer from mental health problems, there’s too often not enough help to hand. If you’re young, you’ll find it harder than ever before to own your own home. [Does she not know that there is an awful nationalised health care in the UK?]
But, as I have said before, fighting these injustices is not enough.
If you’re from an ordinary, working-class family, life is just much harder than many people in politics realise. You have a job, but you don’t always have job security. [To hear this job security nonsense from her is very disappointing]
… There isn’t much job security out there. Some find themselves exploited by unscrupulous bosses.
… The divide between those who inherit wealth and those who don’t will become more pronounced.
… The fourth way in which I want to make our economy work for everyone is by getting tough on irresponsible behaviour in big business. … that does not mean we should be prepared to accept that “anything goes”.
The FTSE, for example, is trading at about the same level as it was eighteen years ago and it is nearly ten per cent below its high peak. Yet in the same time period executive pay has more than trebled and there is an irrational, unhealthy and growing gap between what these companies pay their workers and what they pay their bosses.”
Ms. May regurgitates here a lot of lefty distortions and demagoguery! She is openly promoting class divisions.
“These are the reasons why, under my leadership, the Conservative Party will put itself – completely, absolutely, unequivocally – at the service of ordinary, working people.”
“So if I’m Prime Minister, we’re going to change that system – and we’re going to have not just consumers represented on company boards [of big businesses?], but employees as well.”
This is clearly socialist expropriation! We can only hope that the British parliament will veto this nonsense!
“I want to see more transparency, including the full disclosure of bonus targets and the publication of “pay multiple” data: that is, the ratio between the CEO’s pay and the average company worker’s pay. And I want to simplify the way bonuses are paid so that the bosses’ incentives are better aligned with the long-term interests of the company and its shareholders.”
She is advocating government price and wage controls.
“I also want us to be prepared to use – and reform – competition law so that markets work better for people. If there is evidence that the big utility firms and the retail banks are abusing their roles in highly-consolidated markets, we shouldn't just complain about it, we shouldn’t say it’s too difficult, we should do something about it.”
This is not reforming competition law. This is industrial management under government control and power.
“No individual and no business, however rich, has succeeded all on their own. Their goods are transported by road, their workers are educated in schools, their customers are part of sophisticated networks taking in the private sector, the public sector and charities. It doesn’t matter to me whether you’re Amazon, Google or Starbucks, you have a duty to put something back, you have a debt to your fellow citizens, you have a responsibility to pay your taxes. So as Prime Minister, I will crack down on individual and corporate tax avoidance and evasion. ”
This sounds a whole lot like Obama! Yes, socialists are obsessed with big businesses. Either they want to nationalize them or bring under their control somehow or at least punish them.
“It is not anti-business to suggest that big business needs to change.”
An incredible statement!
“This is a different kind of Conservatism, I know. It marks a break with the past. But it is in fact completely consistent with Conservative principles. Because we don’t just believe in markets, but in communities. We don’t just believe in individualism, but in society.”
To use hyperbole, she sounds like a fascist to me!
Conclusion
Prime Minister May is clearly an economic illiterate and a populist! She is obsessed with socialist slogans and remedies!
