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    Andrew Marr: Could Tory tax cuts hurt the poorest?

    enJune 11, 2024

    Podcast Summary

    • Dental crisis in UKLabour promises 100,000 extra dental appointments for children, while Conservatives face scrutiny over funding for tax cuts and potential impact on welfare

      Learning from this podcast episode is the significance of the dental crisis in the UK and Labour's modest announcement to address it, as well as the Conservative Party's focus on the manifesto with tax cuts and potential welfare reforms. The dental issue was highlighted as a personal and visceral concern, and Labour's announcement of 100,000 extra dental appointments for children was described as a good retail policy. The Conservatives, on the other hand, are under scrutiny to explain how their tax cuts will be funded, with concerns about potential cuts to civil service jobs and the impact on welfare payments. The episode also touched upon the housing crisis and the Conservative Party's efforts to help young people get on the housing ladder, but the overall focus was on the parties' tax policies and their implications.

    • Housing crisis policiesBoth Conservative and Labour parties have announced housing policies, but critics argue they don't address root causes and may not be enough for young people to afford independent living. Increasing housing supply and affordability remains complex.

      Both the Conservative and Labour parties have announced housing policies in their manifestos, with the Conservatives focusing on helping first-time buyers with a new help to buy scheme and tax cuts for landlors selling to tenants, while Labour is expected to propose new towns and increasing housing supply. However, some critics argue that these measures do not address the root causes of the housing crisis and are not enough to help young people afford to live independently. The Conservative Party is under pressure to come up with a more dramatic policy to change the terms of the debate, but some believe that there is no "rabbit out of a hat" left. Labour, on the other hand, is accused of presenting a Corbyn-style manifesto with uncosted promises. Ultimately, increasing housing supply and making it more affordable remains a complex issue that requires a comprehensive solution.

    • Labour's economic and European policiesLabour has the opportunity to be bolder with their policies if they win the upcoming election with a large majority, addressing economic needs and potential European implications.

      The potential consequences of the Conservative Party's tax and spend policies should be thoroughly scrutinized if they come to power, as the impact on jobs and income for certain groups is not clearly defined. Labour MP Pat McFadden has criticized Labour for not making a stronger case for increased spending on welfare, hospitals, and schools. If Labour were to win the upcoming election with a large majority, there is an opportunity for them to be bolder and more courageous with their policies, both economically and in relation to Europe. The recent European Parliament elections have highlighted the rise of the far right, which could have implications for British politics. In my recent essay for the New Statesman, I argue that a Labour government with a large majority could push for significant changes, and I discuss the potential directions they could take on economic and European issues.

    • Labour government policiesThe new Labour government, with a large parliamentary majority, can make significant changes through bold policies, such as altering council tax, taxes on wealth, and finding alternative funding methods for infrastructure spending, including changing the Bank of England's interest rates for commercial banks.

      The new Labour government, led by Keir Starmer, is expected to be bold and radical in its policies due to a large parliamentary majority. This means they have the opportunity to make significant changes without facing strong opposition. However, there is a risk in being too timid or failing to deliver on promises. Some of the potential policies include changes to council tax, taxes on wealth, and finding alternative ways to fund infrastructure spending without raising taxes or borrowing excessively. One such method is changing the amount of interest the Bank of England charges commercial banks on the money it lends them overnight. This idea, while not new, could provide an additional £20 to £30 billion for infrastructure spending. The success of this approach depends on the Bank of England's willingness to support it and the potential impact on commercial banks' balance sheets. Overall, the Labour government's boldness will be crucial in demonstrating real change and gaining public trust.

    • UK-EU RelationshipDespite nationalist and far-right advancement in Europe, a new Labor government in the UK could explore a looser relationship with the EU, focusing on strong economic, security, and environmental agreements.

      The political landscape of Europe and the UK could create opportunities for a new Labor government in the UK, despite the advance of nationalist and far-right parties in Europe. The potential for a looser relationship between the UK and the EU, with strong economic, security, and environmental agreements, could be beneficial for both parties. However, the public's perception of Brexit and the Conservative Party's handling of it could create an opening for a serious reconsideration of the UK's relationship with the EU. The country's dissatisfaction with the current form of Brexit could pave the way for a more thoughtful and nuanced approach. The optimistic outlook is that the political instability in Europe could lead to a more flexible and interconnected Europe, which would be advantageous for the UK.

    • European political shift towards rightThe political landscape in Europe is shifting towards the right, with figures like Nigel Farage potentially holding significant influence, and the presence of extreme views among seemingly acceptable politicians, like Jordan Bardella, who has been linked to neo-fascist groups.

      The political landscape in Europe, particularly in the UK, is shifting towards the right, with figures like Nigel Farage potentially holding significant influence. This reshaping of relationships with Europe raises questions about the nature of the hard right in Britain and the presence of extreme views, some of which can be found even among seemingly acceptable politicians. For instance, Jordan Bardella, a young French politician, has been linked to neo-fascist groups with extremist views. The discussion also highlights the contrast between the perception of Europe as a liberal safe haven and the recent lurch towards right-wing and populist politics in the UK and other parts of Europe. It's a reminder that the political spectrum is vast, and the far right encompasses a wide range of views, from relatively acceptable to completely disgraceful.

    • UK's desirability in global climateThe UK is seen as a more open and inclusive society compared to Europe's reactionary phase, but there's optimism for the future despite political turbulence.

      The UK might be a desirable place to be in the current global climate, as society becomes more open and inclusive, while Europe experiences a reactionary phase. This was hinted at during a conversation about the changing political landscape, where the importance of tearing down elites was discussed, and the possibility of a European revolution was mentioned, but dismissed by Marine Le Pen in favor of a global revolution. Amidst this turbulence, optimism remains for the future. Listeners are encouraged to submit questions for future podcast discussions at newstatesman.com/youaskus. This podcast is produced by Catherine Hughes and edited by Chris Stone.

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