Wednesday, 25 May 2022
To Cap It All?
In what sense is there any energy cap, if it keeps going up? A cap on what, exactly? We are preparing for an emergency Budget, to be called something else to save face, and for that to include a windfall tax on the energy companies, again to be called something else to save face, and in the week after the governing party's MPs had been whipped to vote against such a measure. Hugely popular both in general and among Red Wall voters, the case for public ownership is unanswerable.
That is also true of the rail service, where the forthcoming strike is to be for a pay rise in line with inflation. That is not some wildly militant demand. Wildly militant demands do not inspire 89 per cent votes for strike action on 79 per cent turnouts. The assault on civil liberties in general and on trade union rights in particular is not distinct from the cost of living crisis. There has never been any bread or butter unless we have fought for them, and there never will be. Anger against 1970s-style stagflation will find an outlet. The Government will come to wish that that were still 1970s-style trade unionism.