Brexit: Labour Party - Tom Watson

Brexit: Labour Party - Tom Watson

The disintegration of the Labour Party in favour of a more extreme version of the Labour Party is all too apparent with the resignation of the Deputy Leader Tom Watson and statements made by former Labour MPs asking voters to suport the Conservative Party to prevent an unfit Jeremy Corbyn from generating a disaster.

In 2010, Britain was on its knees with massive indebtedness generated by the Labour government. Now, Labour is promised that it will borrow hundreds of billions of Pound if it becomes government. When we see companies going down under the burden of debt, you can imagine what could happen if a Labour government were to engage in uncontrolled borrowing.

As it very often happens, Tom Watson explained that he wanted to spend more time with his family and sought to minimize the danage his resignation will cause to the Labour Party. The fact remains that many Labour politicians no longer want to be associated with the present Labour Party. Jeremy Corbyn has promised that he will abolish private ownership of the utilities and eliminate private education in the UK. The prospect is that party aparatchiks will be running public companies bought with borrowed monies. In the end, we would end up with paradoxical labour strikes against Labour Party managers of public services. Ideologically driven individuals with no sense of reality can seriously undermine Britain. When you ask how they will pay for what they borrow and they are unable to come up with a rational explanation they say that you are unfair.