Posts Tagged ‘voodoo economics’

UKIP and the Greens are united by one thing: voodoo economics

17/03/2015, 09:55:30 AM

by Callum Anderson

Just a few weeks remain of the 2010-2015 UK Parliament. On Wednesday, the coalition government rolls its dice one last time, in an attempt to woo undecided voters.

Meanwhile last weekend, Ed Miliband unveiled Labour’s election pledge card at Birmingham’s ICC. The first two pledges – building a strong economic foundation and raising the higher living standards for working families – have sought to serve as indicators of Labour’s simultaneous commitments to fiscal prudence and growing the economy.

Indeed, it is the economy that will decide this election, with Mr Miliband’s Labour set to ask the electorate that famous question: “are you better off than you were five years ago?”

Whilst much of the scrutiny has rightly been reserved for the main three Westminster parties, it is the economic policies of the two most significant ‘insurgent’ parties – UKIP and the Green Party – that serve as the most unknown factor of the election.

So, where do UKIP and the Greens stand on economic policy?

Traditionally, UKIP has positioned itself as a libertarian party. However over the last year, in pursuit of widening its appeal, the party has drifted leftwards on economics, if not in social affairs. The UKIP of 2010 offering a flat income tax is a distant memory. But the result has been the same: economic illiteracy.


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