Tuesday, January 19, 2016

Corbyn's version of "Cards against Humanity"

As City AM pointed out here there is a card game called Cards Against Humanity. The idea is simple: one card contains the fairly innocuous opening part of a sentence and a second card is then offered that completes the phrase in a particularly silly and amusing manner.

The concept has clearly proven popular with the Labour party, who now use the same approach in formulating policy. Someone lays the first card, which reads “Britain’s nuclear-armed Trident submarines...” and the line is completed by Corbyn who adds “needn’t actually carry any nukes".

Someone else, perhaps Labour’s new policy chief, Andrew Fisher (who supported the Class War party at the last election), lays a card saying “If a company isn’t paying its staff £10 per hour...” and quick as a flash Corbyn offers the conclusion “ban them from paying dividends to shareholders".

As City AM points out, dividend payments are a vital contribution to pensions and the prospect of such a payment ensures continued investment in British companies. There is nothing immoral in paying their share to people who have invested in a company and the idea of banning dividends is the kind of policy that could only be put forward by someone who has never really had cause to consider how businesses operate.

The Labour leader, and his London mayoral candidate, Sadiq Khan, want a Living Wage of £10 per hour. This is higher than the £7.20 that will come into effect from April, higher than the £8 that Miliband called for and higher than the £9 that Osborne is introducing from 2020.

Fail to pay the £10 rate under a Corbyn-led government and the heavy hand of the state will potentially wreck your company.

As the article concludes

"The idea that such an environment would be conducive to job creation is so insane it could only have come from a card game whose premise is random absurdity."

1 comment:

Jim said...

I have often had trouble trying to understand the Left. Its something I never have managed.

Though James Delingpole had a good go at explaining it in a speech to the Bruges Group

(there is some bad language in there, but its very mild.)