LABOUR MANIFESTO HORROR !

So now we begin to see the true horror that would result from a Corbyn victory in the forthcoming General Election.

Although it's not supposed to be published until next week, the draft Labour Party Manifesto has been leaked to the press and it makes a frightening read. In short, nationalisation of assorted industries, a return to Trades Union domination, abolition of tuition fees for all, increased minimum wage and much more that will cost a fortune. At the same time, 'Brexit' would only happen if an 'acceptable' deal can be achieved, our armed forces would be emasculated and our nuclear deterrent would be nothing but an expensive white elephant. Corbyn is also promising to extend the franchise to children of 16 and 17 years, something clearly designed to win the votes of the handful who have any understanding or interest in politics.

While these policies, and others, will undoubtedly appeal to some, they would be the foundation of total economic collapse. Anyone who remembers the dark days of the 1960s and 1970s will recall the weeks, months and even years of industrial turmoil as the trades unions manufactured strike after strike; the devaluation of the pound, the energy crisis and 3-day week of 1973-74, Denis Healey going to the IMF for emergency funding, coal strikes, rail strikes, the demise of the ship building industry, the 'winter of discontent' and piles of rotting rubbish in the streets, and so much else that characterised that awful period of extreme left wing domination of our government. Corbyn would bring all of this back.

To pay for this unprecedented 'back to the past' adventure, Corbyn would pick the pockets of every single one of us. Nationalising Royal Mail, the railways and parts of the energy industry would cost many billions and leave the government to pick up the bill for all future investment, while placing the management of these enterprises in the hands of politicians and civil servants who have no appropriate experience or ability. Throwing billions of pounds at students may buy the votes of many of them but will also cost billions, and Corbyn's other plans would similarly call for vast additional funding. Some of this would come directly from our pockets while much would be funded by enormous borrowings; these incur interest which has to be paid, again out of our pockets, and repayment of the capital itself also comes from our pockets in due course.

All-in-all, Corbyn's plans are a recipe for disaster. He would effectively mortgage the future, placing huge burdens on our children, grandchildren, and further future generations for the rest of this century. The huge borrowings would cause a collapse in the value of the pound and would push interest rates up to unsustainable levels; at the same time, our public services and remaining industries would stagnate before suffering all of the ills of the past.

Corbyn and his Marxist ally, John McDonnell, would destroy our country with their fanatical adherence to policies of the past. Don't be fooled, don't be conned. Don't vote for them.