“…when the Labour party better represent their interests.”
Just concentrating on the current party and its manifesto, if Labour’s policies on spending are enacted, public finances will go into complete disarray with the deficit increasing alarmingly. This will affect the value of the pound, see an increase in inflation with a consequent increase in interest rates. The idea that this spending plan can be financed by getting the so-called rich to pay “a little bit more” (i.e. up to £23,000) tax is fanciful. They will change their habits (and their avoidance schemes) to minimise the damage. Increasing corporation tax will see companies do likewise with a loss of investment in the UK being the result.
This nonsense has been tried and it’s failed. The problem is, the people now cheering from the rooftops at Mr Corbyn’s plans were not around when it last failed and they were not taught at school that you cannot make the poor richer by making the rich poorer. As I read in one paper today, “it would be like Venezuela without the oil”.
So how such a plan is in the best interests of working class or lower middle class people is a little hard to fathom.
Why do the Tories get my vote? Purely a matter of (bitter) experience. Since I've been old enough to vote I've endured three spells of Labour government, three Tory (including the current one) and one Coalition. At the end of each of the Labour spells the country (and I) was left far worse off than when it began. As well as that the Labour Party (particularly the ultra-Left leaning examples such as the one bidding for government now) believed it could run essential services far better than the private sector and demonstrated that it was abjectly unable to do so. In short, been there, done that, got the T-Shirt, suffered the grief. And I don't want to do it again, thanks all the same.