Robert Griffiths, general secretary of the Communist Party today (23 November 2016) said:
The Tory attack on low paid workers, benefit claimants and people with disabilities will continue for years to come unless we get rid of this government.
Most of the cuts planned by ex-Chancellor Osborne are going ahead as planned through freezing in-work benefits, rolling out Universal Credit and slashing disability payments.
At the same time there are yet more tax cuts for business and extra public subsidies for capitalist free markets in housing, transport and technical innovation that have failed so miserably up to now.
Instead of pumping £8bn more into the private housing sector and accelerating the forced sell-off of Housing Association properties, that money could build 140,000 new homes – almost four times more than Chancellor Hammond unveiled today.
Another £8bn of public money is to be invested in private sector transport, telecoms and R & D, where companies have utterly failed to invest their huge savings in corporation tax over the past decade. Only the renationalisation of rail and telecoms as well as energy will ensure that Britain’s infrastructure is fully modernised and many more hi-tech jobs created.
The puny benefit concessions and a 14 pence an hour increase in the statutory minimum wage are far outweighed by a thumping £4bn rise in insurance premium taxes.
This is a government whose education priority in this Autumn Statement is to find extra funds for the reintroduction of grammar and secondary modern schools.
But the statement will be welcomed by the City bankers and speculators, who prefer to see public spending funded by ballooning government debt rather than a serious clamp-down on corporate fraud and tax-dodging