An Economic Policy for the Many?

Despite the negative « Flat-lining Economy? mantra of the Shadow Chancellor Ed Balls and the opposition Labour party over the past three years, the British economy finally seems to be increasingly on the mend with the return to growth. This has also now been accepted by Labour which has been forced to reposition its attack on the government?s record, by focusing on the increased cost of living for the many not yet sharing the benefits of growth and suffering on incomes which, in real terms, have not kept pace with inflation.

As a result, a populist commitment by Ed Miliband the opposition leader to freeze consumer energy prices should he be elected Prime Minister in 2015, has received a favourable response from voters to which the government has responded to a degree by a proposed cap on rail fare increases.

Opinion polls suggest that while the public still trusts the Conservative party on its competence with the economy by a wide margin over Labour, the latter are still favoured by the many struggling with significant price increases in e.g. Council tax, food and energy bills. On energy bills, the response from one of the major suppliers is that ?wholesale energy, the delivery to homes, and government-imposed levies ? endorsed by all the major parties ? all cost more than last year. » A serious policy response to this is required from the government rather than a populist reaction.

Perhaps the real question is what policy message would the centre-left, swing voters like to hear in the must-win, marginal constituencies currently held by Labour or the Liberal Democrats and targetted by the 40:40 campaign to win in 2015?

David Cameron: Green taxes review to help struggling families
http://www.telegraph.co.uk/earth/energy/10372413/David-Cameron-Green-taxes-review-to-help-struggling-families.html
Ed Miliband : This is my vision for building a new future for Britain
http://www.express.co.uk/comment/expresscomment/435972/This-is-my-vision-for-building-a-new-future-for-Britain

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