His job is to preside over the running of capitalism in Britain for the benefit of British capitalists. But they have turned out to be an ungrateful lot, lining up behind the Tories to avoid a minor tax on their profits.
They say the government's proposed increase in National Insurance contributions from next year will be a "tax on jobs". But they are not concerned about jobs. And what hypocrites to pretend they are. They are in business not to provide jobs but to make profits, and if the two clash then jobs will be sacrificed to protect profits, as they've been doing since the autumn of 2008 with more to come. The proposed increase in NI contributions will increase their labour costs and so cut into profits. That's why they are squealing, allowing the Tories to present themselves as a better party of the rich than Labour. And Labour had been trying so hard.
But what about the rest of us, the non-rich? In the boring TV debate last Monday between the main parties' economics spokesmen
all three agreed the future cuts would be worse than those under Margaret Thatcher. (see here, for instance)Sorry. but we have to ask this: Are you going to be one of the mugs that's going to vote for them?
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