Thread: 1/ Labour's @JohnHealey_MP just set out a pretty comprehensive defence overview that is a) clearly anti-tory both in policy and principle b) stands a chance of reconnecting with the voters Labour needs to win...
2/ The key points were - as under Corbyn - support for NATO, for Trident renewal, multilateralism and rule of law, and UK-focused defence procurement strategy...
3/ Healey pointed out that all wings of Labour supported NATO at foundation - IIRC there were only 6 votes against it in parliament - 2x communists and 4x pro-CP ex-Labour MPs.... Bevan/Lee etc supported it and of course the Labour right designed it...
4/ What was striking in @JohnHealey_MP speech was the categoric opposition to the Tories on a) the "Indo-Pacific tilt" - ie hubristic world policeman delusions b) the spending cuts and personnel reductions being trailed...
5/ He was also highly critical of the Tories over Huawei, where commercial/elite self interest for years overrode national security priorities...
6/ Also a key point of difference, which clearly wound up some ex-MoD ppl in the audience, was Labour's insistence on protecting UK industrial capacity as a national security priority, and buying British, and not selling British to dictators...
7/ Defence and economic competence are the two major negatives among the voters Labour needs to win back. Healey, who represents a "Red Wall" constituency, was pretty frank about that...
8/ The stuff on NATO/nukes will not be welcomed by sections of the left, but in practice Labour's 2017/2019 manifestos said the same... but were badly undermined by the fiasco over Skripal. Today's speech was very tough on Russia over Skripal, by contrast...
9/ With @AnnelieseDodds speech on the budget, and @JohnHealey_MP on defence, in 24 hours, there's a clear theme emerging - Tories have undermined the foundations of UK society, economy and national security and Labour will fix them...
10/ As someone who argued from the get-go that Corbyn should combine a radical left economic policy with tradition soc-dem positions on security/defence (like Syriza), I'm glad the party has swung that way - though on economy it needs to go much further...
• • •
Missing some Tweet in this thread? You can try to
force a refresh
What would a left government do in next week's Budget? 1/ A massive pro-cyclical stimulus to put rocket boosters under those parts of the economy we want to recover fastest in H2 - ie start rebalancing away from low-value/low wage growth in the next phase...
2/ .... stimulus means a public spending hike, both on investment and day-to-day spend; that should be Labour's differentiator; there's no need for short-term tax rises *except* for rebalancing investment and behaviour...
3/ ... stimulus also means defect scrapping central bank independence. I don't care what you do de jury but independence is already a myth. Monetary sovereignty's gonna be a powerful tool against collapsonomics in the 2020s...
On Starmer's "reset" speech 1/ Tone better than content. He's genuinely indignant over the health inequalities Marmot points to, and with concrete language and examples - and policies - this will translate into an agenda for working class families...
2/ ... Roadmap to Yesterday a resonant phrase; inequality is economic stupidity likewise... and it was a "reset" in the sense of saying the phase of muted criticism during the pandemic is over... but...
3/ As I've said here: the case is clear for massive fiscal expansion now. Both Starmer speech and Dodds' Mais lecture frame permission for this - and he will be asked: how much is needed to build this new Britain... newstatesman.com/writers/315559
R is for Rosa: Reform or Revolution? Episode 1 of our series for @rosalux_global is out now. Please watch and RT, here's why.... 1/ She lived in an age of authoritarianism and war... so do we... rosalux.de/en/publication…
2/ .... Luxemburg realised the handed-down orthodoxy of the left was useless... so should we... rosalux.de/en/publication…
3/ ... she was a Marxist who realised truth should come from the masses... and that party bureaucracies were always pernicious... that's very relevant today... rosalux.de/en/publication…
UK GDP down 9.9% year on year - one of the worst Covid impacts in the world. 1/ But it would have been much worse without furlough, unlimited Bank QE and numerous yet-to-be quantified soft loans to businesses. The challenge now is recovery...
2/ Build Back Better is vacuous unless government prepared to go on a) borrowing and b) letting/telling the Bank to expand its balance sheet (I don't believe in the fiction of CB independence, and it's evaporated anyway)...
3/ This country is going to have a state-supported private sector for years to come. Better to recognise that and make the recovery state-led and substantially state owned...
Scotland is the key to the entire next 10 years of British politics... 1/ The SNP is approaching a decision point - if there's a pro indy majority at Holyrood in May, there's a clear legal justification for #Indyref2newstatesman.com/politics/scotl…
2/ ... but there comes a point where it's either a giant string-along, without any intent to go for independence, or you stop talking about it and do it... but get real about the actual route... newstatesman.com/politics/scotl…
3/ The White Paper and the Growth Commission are from a different era. With Debt/GDP at 100%, 17% deficit, even on v favourable terms you don't achieve NZ/Denmark style capitalism without *class struggle*... that's the grand illusion of nationalism newstatesman.com/politics/scotl…
Vaccine minister @nadhimzahawi "doesn't want to speculate" why Britain has one of the worst Covid death rates in the world... and wants to wait for an inquiry. I'd rather take action based on knowledge not ignorance 1/ what we know...
2/ Johnson resisted scientific lockdown advice from the beginning, determined not to let Covid get in the way of Brexit... see Greenwich speech 3/2/20...
3/ Privatised test and trace was a fiasco... PPE shortages were avoidable... ministers dumped the pandemic into the care home sector... and Tories kept the airports open while other countries shut them down...