Unity!
The Midlands needs an alternative by Graham Stevenson The Institute for Fiscal Studies says that the 2012 budget cuts are ‘twice as big’ as those inflicted between 1975 and 1982. Continuing this course will mean ‘the longest sustained cuts in public spending since the Second World War’. From when the ConDem government took office to just December 2011, 232,000 jobs were lost in local government alone. And this is only the beginning. Osborne’s cuts will carry on at a rate of 3.7& annually for five more years. The only gainers are Tory backers in the City who want state cash to bail them out. Britain’s economy is now over 4% smaller than it was in 2007 and is still contracting. Here in the Midlands we know that all too well. There are 25,000 fewer jobs in local councils in the West Midlands since 2010. Whilst much of Britain’s hopes for a vibrant
and growing manufacturing sector will rest on the Midlands Alternative economic policies, based on active state intervention, are needed. The last couple of years have seen a transformation in attitudes to such intervention. In 2010 the TUC backed the People’s Charter. In 2011 it called for alternative economic policies based on expanding the public sector. Now, what we need now are specific demands that can unite trade unions and communities to campaign politically and add up to a coherent strategy for a way forward. The first demand is obvious: stop the cuts. This is the quickest way of restoring consumer demand. Also reverse the benefit cuts and end a wage freeze that is currently cutting real incomes by up to 3% a year. The second need is for the creation of real, well-paid jobs. This will boost state income as well as the demand for goods feeding into manufacturing job creation. It has not helped that manufacturing in the region has already
voice of the Midlands communists
taken a big hit, dropping from 575,500 in 1996 to 285,500 in 2010. There is desperate need to rebuild our stock of council housing. The private sector has failed – house building has collapsed from 180,000 in 2006 to 120,000 last year, the lowest since the 1920s. Building houses under local democratic control also makes it possible to introduce comprehensive energy saving with green technology – another key area for investment. Equally essential is the demand to take water, energy and transport back into public ownership, end extortionate pricing and stop the state subsidies to monopolist owners. Can this be paid for? Yes, easily – by imposing a tax on the City’s financial transactions, reclaiming the £100 billion lost through tax evasion, closing down Britain’s many tax havens and reversing Osborne’s tax cuts for the rich and on company profits. What’s needed is a mass movement that can remove this government of financial speculators and ensure the adoption of alternative policies needed save our productive economy – in the interests of the vast majority of the population. Graham Stevenson is secretary of the Communist Party Midlands district and a former national trade union leader