@ LucilleI’m afraid your suggestion that Labour will bankrupt Britain is an opinion promoted by the Tory party supporters from The Sun, the Daily Telegraph, Daily Express and Daily Mail. It is untrue. Without going into the numerous examples when we have borrowed more than is being suggested in the Labour manifesto, such as in the early 1950s, the damage done by continuing to believe in the value of under-investment and austerity which will continue if Boris Johnson’s supporter Will Sweet in Putney.I would point you to the letter from 163 economists published today in the Financial Times. It is summarised as follows in The Independent:Labour has received the firm backing of 163 prominent economists who say the party understands the nation's deep-seated problems and has devised a "serious programme" for dealing with them.In a letter published in the Financial Times, the group said Labour's plans to invest in homes, schools and infrastructure make "basic economic sense" because borrowing costs are at a historic low.They called for a Labour government to urgently reform Britain's economy which has, for too long, prioritised consumption over investment, short-term financial returns over long-term innovation, rising asset values over rising wages, and deficit reduction over the quality of public services.The group, which includes professor David Blanchflower, a former member of the Bank of England's Monetary Policy Committee, and Victoria Chick, emeritus professor of economics at University College London, savaged the record of the Conservative and coalition governments."We have had 10 years of near-zero productivity growth," they wrote. "Corporate investment has stagnated. Average earnings are still lower than in 2008. A gulf has arisen between London and the South East and the rest of the country. And public services are under intolerable strain - which the economic costs of a hard Brexit would only make worse."Nick
Nicholas Evans ● 2542d