The main political parties are all in the business of frightening voters about the dire consequences in post election Britain which will result from a vote for another party.
If the Tories form the government they will continue their ideological mission to downsize the public sector and allow the private sector free reign to milk the public finances. They are the party of neo-lib policies based on the free market model of the Chicago School of Economics as highlighted by Naomi Klein in her book, The Shock Doctrine (2007). Ann Pettifor in Just Money refers to our present financial elite as “robber barons” and they are the ones manipulating the finger puppets within the Tory party. They are however really worried by the SNP and the effect they are having on the campaign, hence the several headless chicken scenarios going on.
If Labour forms a minority administration on a “confidence and supply” basis with the smaller parties one would hope for an orderly conduct of business over the next five years. Trident should be at least maintained with Conservative assistance while a budget compromise with some slackening of austerity is on the cards. The UK debt and deficit is being blown up as a scare tactic. National good housekeeping is not the same as your average family’s. Tweeter @buddy_hell explains the fallacy well. So whether we have a small continuing deficit or a small surplus at the end of the parliament is neither here not there in terms of a trillion pound total debt. Better economic management of money could well reduce the percentage deficit faster than the austerity model of deficit management.
However I fear the worst. The present Tories will stop at nothing to get back into power. They will never support a Labour government vote even to save Trident but will pursue every means fair or foul to bring down the government at the earliest opportunity. In this they will have the whole of the right wing press to help. The blatant scaremongering in the election campaign will be as nothing. If it damages the country’s credit rating so much the better; the quicker the Labour government will collapse. Why do this? Because in the immediate aftermath of the election only the Tories will have the money to fight another election and they will do anything to seize that chance.
And what of the Union? Pushed into another referendum with that sort of turmoil in Westminster, the Scots will almost certainly vote for independence. So much for all the smarm pre last year’s Independence vote about how much Scotland means to Tory hearts. Not as much as the riches of Croesus.