Labour donor says the Conservatives have the best Economic Policy

The Telegraph reports here that Dr Assem Allam, who has given £400,000 to the Labour party, nevertheless believes that David Cameron has the best economic policies.

He added that the Labour leader needed to stop demonising the wealthy and entrepreneurial.

Speaking to The Telegraph, Dr Allam said that Mr Miliband's plans to re-introduce the 50p rate and bring in a mansion tax risk "alienating" middle-class voters. He also said that Mr Miliband should take “lessons” from Margaret Thatcher in confronting the unions and supporting entrepreneurs.

Dr Allam, who owns Hull City football club, said that he likes the Conservatives economic policy and Mr Cameron, but compared some of Labour's flagship economic policies to those of a dictator.

He said that a recent threat by Len McCluskey, the head of the Unite union, to carry out illegal strikes under a future Conservative government should act as “wake up call” to Labour and Britain.

Dr Allam said:

“The only way to make everyone rich is to support the rich to be richer. If we carry on talking this language it is not in my opinion good for the future of the party.

“We need to stop saying tax the wealthy, do this, do that, mansion tax, we need something different. Can someone convince me that without wealth creators we will do better as a nation? No.

“The Conservatives have got a point, a strong point, which is their ability to manage the economy.

"I think this is in the genes of the Conservative Party, their ability to get the economy of the country on the right track. In actual fact I believe they are the best party in Europe in managing the economy."

Comments

Jim said…
"The conservatives have the best economic policy."

well that is true, and I can not deny that, but then look at the competitions policies. I mean although it is the best economic policy of the parties, that hardly lines it up to be nominated for a Nobel Prize does it?
9:26 pm
Jim said…
As a further example I would bet that UKIP have a better economic policy than Labour do, and I am not convinced that UKIP even have one.

But i still stick to my guns on the ground that having no economic policy at all is a better economic policy than that of the Labour party
9:41 pm
Chris Whiteside said…
To be fair, some of the things he said about Conservatives economic policies were a more complementary than merely being better than the Labour party's.

And I agree with you that was hardly saying much - I suspect the Monster Raving Looney party's economic policy makes more sense than Labour's.

But he said that the Conservative economic policy was the best of any party in Europe and that is a rather more challenging target than just beating Labour.
10:46 pm
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