David Vance SubstackRead More
Let’s catch up with how the UK economy is doing under Labour, shall we?
Today brings the news that the unemployment rate has risen, once again. If you take a look at this chart you can see that we are back to “Pandemic” levels of unemployment.
You can also see that UK unemployment rates FELL post Brexit, soared during Covid, dropped down and are now soaring again. This time, the hazard is Labour. Did you now that because of Labour’s hikes to the minimum wage, creating a new job costs the employer £26,000 + NIC costs? Throw in the imminent costs contained in Rayner’s “Worker’s Rights Bill” and you are guaranteeing a major problem. In fact, if we look at a different but important measure, the number of new jobs vacancies, it has also fallen.
So the economy is cratering and were THAT not bad enough, we get the shocking news that the US has just suspended the technology deal with the UK. This is hardly a surprise given Starmer’s continued duplicity with the US and his cosying up to the EU.
However, what if this economic chaos is by design, not by accident? What is Labour are happy to destroy the UK economy in order to to create something very different? Newly released data for the past 12 months shows that wage growth in the STATE sector is +7% and in the PRIVATE sector, just over 3%. With soaring energy costs, hi-tech investment here is going to be limited. And I think Labour is good with that.
These fabian fascists who are removing jury trials, bringing in assisted killing and triangulating our way back into the EU don’t care about the chaos so long as they deliver on the 2030 WEF agenda. That simple. We are in the grip of an elected tyranny that is a job destroyer, a welfare enabler and an existential tyranny.
Let that sink in.
