The Tory leadership debacle

How can we best create a compassionate and enterprising society, that functions for the benefit of all? That, surely, is a question we could all agree on as a reasonable starting point.

But not the Tory leadership candidates. All they talk about is a smaller state, alongside low taxes and their assumed natural concomitant, high growth. Compare Denmark, Sweden and Finland: all outperform the UK despite higher levels of taxation. And check out the Legatum Prosperity Index, with its wide-ranging criteria: the northern European countries come top, and we are thirteenth.

Only one candidate seems to recognise that there is a big price to pay for tax cuts. In an inflationary environment any stimulus, in the form of lower taxes, is more likely to lead to higher prices than higher incomes. Inflation pushes up interest rates… We have a growth crisis, that’s where we should be focused, and at its core is our low productivity, historically, and compared to other countries.

[‘Between 1995 and 2007 output per worker grew by around 2% a year, roughly matching the rate in the 25 richest members of the OECD. But during the next 12 years that figure for Britain was a dismal 0.4%, compared with an average of 0.9% among the rest.’ The Economist]

Moving on. You’d have thought arguing for an education system which reaches down to all levels, which achieves that balance between science, technology and culture, not just maths and English, on which a successful civilised country has to base itself – you’d have thought that might get a look in. Has anyone mentioned education? (We’ve had six education secretaries in the last six years, the longest in post a mere two years. Any good ideas come from the Civil Service, not from government.)

One benighted candidate has argued for 20% cuts across the board. NHS? That would be operating expenditure. Nurses, doctors, technicians, cleaning staff…

Or we avoid cuts, but still cut taxes, and build up deficits in the same gung-ho way that’s now argued on the Republican side in the USA. Civil service: reduce by 20%. That’s existing policy. But remotely deliverable while retaining efficiency in government? This old notion that cuts somehow generate efficiency. The ‘low-hanging fruit’ as it’s described (unless it’s the increased numbers of civil servants required to handle Brexit, no longer needed now that the damage is done) is long gone.

Climate change and conservation. The most important issues of all last autumn…. now hardly mentioned. Levelling up: of minor concern to most Tory members, so sidelined. Income redistribution: leave that to ‘grumblers’ like Thomas Piketty.

That wonderful word, ‘cakeism’. Having your cake and eating it. Small state, low taxes, and economic nirvana.

Two rallying points, both highly contentious. Brexit and immigration. Brexit: a ‘done deal’, yet half the nation still against it. Though accepting that up to a point it’s ’irreversible’. (We have a minister still seeking out those mythical mini-beasts known as ‘Brexit opportunities’.) EU cooperation: for the birds, if you believe Liz Truss, our over-promoted foreign secretary. Immigration: appalling policy, and a brutal Rwanda ‘solution’.

Arrogance, cakeism, scandal, self-interest (who really cares about levelling up?). They should guarantee that the Tories will lose the next election, if Labour and the Lib Dems (the one up north, the other down south) don’t mess up.

(The Economist reminds me of that famous quote from the Renaissance humanist, Erasmus. ‘In the country of the blind, the one-eyed man is king.’ We have to make very sure that we never inhabit the land of the blind, however much the right-wing press might seek to lead us there.)

Candidate selection procedures it seems automatically exclude the brighter, more socially committed, more hard-bitten real-world candidates. Would anyone of real ability want to put themselves forward? He or she, more likely than not, would have to deceive any selection panel should they have wider goals or a broader sense of our shared humanity – shared across all classes, all races, all countries.

So we’re back to that wider issue – our shared humanity. Who we are in the world. Not just as a nation, but individually. The financial crash, Brexit, Trump, Covid, Johnson. The old certainties challenged.

And now with Ukraine – under existential threat. Just 1,300 miles away.

Humility. A difficult concept for the Tory tight. A little would go a long way. We might then come up with serious answers as opposed to all this embarrassing braggadocio.

Political dream worlds – the case of Daniel Hannan

Tread softly because you tread on my dreams …

WB Yeats was writing about love… but I’m thinking here of shattered political dreams. Dreams of love, yes, they drive our lives, and they are, just occasionally, fulfilled. But they are personal, one to one. And we accept and expect the risk.

But do not transfer the world of dreams to politics. Aspirations, yes. Not dreams.

Why do some people who are trained as historians not act like them? Bring the rigour that history requires to argument? One reason is that they see history as story, they’re story-tellers, conjurers of dream worlds, they fit the realities to the story and they come to believe the story. Another is that they engage in hypotheses, and parade them as fact, without the rigour of peer-review that we get in scientific disciplines. Story and hypotheses can of course inspire each other.

Why would, for example, the arch-Brexiteer and free-trader Daniel Hannan (and Oxford-educated historian) miss the mark by such a margin? Brexit, he wrote on the Conservative Home website back in May, isn’t working out as he thought it would. I remember a piece he wrote in the Daily Telegraph before the referendum vote about how a post-Brexit Britain would look in ten years’ time. He imagined the future – or rather, a future, anticipated it as if truth and certainty were engrained within it, which no trained historian should do. He believed his own imaginings. Hope became a certain future reality.

He fooled himself, and he gave substance to the visions of others.

The past is full of accidents, wrong turnings, expectations which are never realised, impossible to realise, based on dreams and imaginings. We have no choice but to have radical ideas, our world requires it, on the way the world economy functions, disparities of wealth, population growth and movements, the poverty of much of mass-culture, climate change – Christ, yes! – be radical. But pursue change incrementally. Avoid the sudden turnings.

The NHS, which we are busy celebrating, came about and has survived over seventy years, because it was of its time, it was a logical and necessary step. It may seem to us, with our hindsights, like the fulfilment of a dream, but it was anything but.  It came out of the hard necessities of its time.

Fifty shades of folly

I thought I’d touch this morning on the many kinds of folly. Not fifty, I have to admit. But it makes a good title for this post.

Zenpolitics, born in the measured Obama era, in the first months, didn’t allow for folly. That was my big mistake. There’s much to criticise, much to be angry about, in the years 2009 to 2016, but the wheels just about stayed on track. We argued the parameters of austerity, whether they should be wider or narrower, about the boundaries of wealth and enterprise, and the constrictions of poverty and exclusion.

But I didn’t allow for folly. Which isn’t to say the follies I highlight below are in any way new. They are as ancient as the hills, in one form or another. But they now have become by twists of fate the dominant discourse.

Once folly take root, it shows up in many guises.  One of the most common, and damaging, is taking outlying incidents as the norm. Regaling us with incidents (I’m quoting a recent conversation of mine, typical maybe of half the nation, if polls are to be believed) involving Lithuanian criminals, and benefit scroungers, and over-crowded schools, as if these were the norm across the country.

Anecdote and emotion dictate the debate.

Taking sides is another variant of folly – you’re one one side or the other, no shades of grey inbetween, and that multitude who live on the other side of town from you, and claim benefits, they’re all shrinkers and shirkers.

Following the same line of thought, you’re a refugee, or you’re an economic migrant. The former good, the later bad. No shades of grey. And no recognition of the fact that all our forebears  were migrants once upon a time.

In dealing with mass movements of population, maybe the greatest issue of our time, it does no service to either argument or individual to stigmatise.

Brexit might in time, with a clear run, have learnt to speak truth, but with a siege mentality taking hold the old shibboleths are gaining new traction. The same mentality is feeding another kind of folly. Denial. Denial that it could all go wrong – has gone wrong. The comforting belief that Northern Ireland can be shunted forward forever as an issue. That we have a plethora of options other than a customs union with the EU.

Only last week the outgoing president of the CBI said that sections of UK industry faced extinction unless the UK stayed in the customs union.  And yet that is precisely what our prime minister has ruled out.

Denial invites rhetoric. Boris Johnson recently argued to Conservative donors that Britain is at risk of ending up in ‘a sort or anteroom of the EU’. He blamed this on insufficient resolve from the PM, and strong resistance from – the establishment. That old and easy target. (Who are Tory MPs, other than the establishment?) Keep the faith, and all will be well, I believe was the tenor of Johnson’s speech. Churchillian rhetoric may have a time and place. But it sounds foolish now.

That take us neatly on to another kind of folly – the strong leader. Oh, how we need one. Trump ‘would go in bloody hard’, argued Johnson. So we would be pugnacious toward the EU, and go cap-in-hand to a US president we can’t afford to offend… And we’re assuming that Trump will emerge triumphant from all his bombast.

And if he does, and the idea of strong leader triumphs, representative democracy will be the loser. It’s argued that American democracy is strong enough in its institutions to withstand Trump. Would our unwritten constitution stand up so well? It is folly to put it to the test – to attack the judiciary, to bandy words like traitor.

The folly of blame, and panic. Blaming the prime minister who ‘is a Remain voter who has sold out the Brexiteers at every possible opportunity’. (I’ve borrowed the paraphrase from the Economist.) Brexiteers are being stabbed in the back. Much could be said about the resolute incompetence our PM, but I’ll spare her that charge.

But I will level another – the curious pusillanimity of Remain-supporting Tory MPs who have lined up behind Brexit, mealy-mouthing their change of mind and heart, engaging in protracted acts of self-preservation, in the face of possible de-selection.

They may wish to row back from their conversion, but having changed their minds once would they dare do so again? They’re trapped. Maybe a few journalists out there, on the Telegraph, and the Spectator, find they’re in the same place. They’ve spoken out so strongly in the past – dare they turn their coats now?

The likes of Arron Banks have long sought to change the frame within which we see and understand our world – to something less liberal and more confrontational, the loner doing better than the pack, ideas backed by the Koch brothers in the USA, and realised after a fashion in Donald Trump. Folly lies in the failure of so many to realise that the frame has been manipulated, by money, Super-PACs in the USA, media owners in the US and UK, so they think they’re on the same song sheet they always were, but someone’s changed changed the words, and they haven’t noticed.

We haven’t reached that point here, but Trump’s caging of immigrant children, after separating them from their parents, should be simply inconceivable. Yet swathes of the American public went along with it. And Tory politicians here were slow to condemn, fearful of upsetting a government on whom they will depend to an unconscionable degree if a hard Brexit were ever to happen.

The frame becomes a cage. The folly of not reading and remembering your history.

Folly also lies in an increased propensity to lie as your position weakens. Brexit supporters always played fast and lose with the truth – promises come cheap and uncosted. The increase in NHS funding promised this week resurrected the idea of a Brexit dividend for the NHS, famously associated with the Brexit red bus. All serious commentators make it clear that the British economy will sustain significant damage as a result of Brexit. And even if that only applies to the short and medium term, and trade secretary Liam Fox is able to conjure trade deals further down the line that magic our GDP to new levels (an unlikely scenario) – that is the long term. The increases in NHS funding are for the period up to 2023-4. There can be no Brexit dividend over that period.

We have here a simple unvarnished untruth. Folly shades readily into untruth to protect itself. We’re engaged now in the most egregious and protracted act of folly in modern British history. When a pressure group surprised by power flounders. Historians will have a field day. Unless of course folly wins the day, and as in other countries historians come to toe a party line.

Wishful thinking

…..and its consequences.

How do you deal with half-truth or dissimulation, with hyperbole – or simple wishful thinking? Or simply two versions of the truth – see my last post on the subject of identity. I might disagree with Roger Scruton, but I’d never doubt his integrity.

Government isn’t about certainties. Most government policies don’t deliver on their original intentions. But if based on clear principle and sound argument then we can accept them, for good or ill, as part of the political process. Not so wishful thinking, which can have malign consequences.

Workforce planning in the NHS  From the Department of Health, last December: ‘Brexit will be a catalyst to get [workforce] planning right.’ [Source: The New European] This in the context of a steep rise in the number of nurses and midwives from the EU leaving the UK. And the answer, we’re told, is to train more of our own nurses.

Why Brexit should in any way be a catalyst for workplace planning in the NHS I can’t see. There is an ongoing need to train more nurses, Brexit or no Brexit. Desperation, as we find our health services understaffed, is hardly the way forward. And if anyone has seen cold, clear planning on the Brexit side over last few months, please let me know.

Trade deals and food standards  ‘Mr Gove has insisted that the UK will not compromise on food standards, even if that means a “narrower deal” with the US.’  Retaining access to EU markets, vital for many farmers, ‘will require continued adherence to EU standards’. That access could be hard to reconcile with US demands for the UK to import chicken washed in chlorine and hormone-treated beef, both of which are banned by the EU. But in a speech this month, Wilbur Ross, US commerce secretary, said that if Britain wanted a trade deal, it needed to accept US rules on precisely such issues.’ [Source: Financial Times 25/26 November]

Remember the context: 70% of the UK’s food exports last year went to the EU. 80% of our food exports come from the EU.

Obama warned how difficult a trade deal with the USA could be. Maybe under Trump we wouldn’t be at the back of the queue – but only, as Wilbur Ross makes clear, only if we accept American standards, and abandon the EU standards we ourselves have done so much to nurture over forty years. The first lessons of negotiation are to be sure of your argument, and negotiate from a position on strength: neither would true of any post-Brexit US trade deal.

Remember also that this is the USA of Donald Trump, busily posting anti-Muslim videos produced by the British extreme right. More than ever, we need to stand our ground, and know who our friends are, friends who share our values.

A new generation  There’s a breed of establishment liberals, all avowedly Remain voters, who may see Brexit as an economic mistake, but ‘put the blame for the mistake on liberal leaders rather than the benighted masses’. Robert Peston is one such: I’m quoting here from The Economist’s review of his new book, simply entitled ‘WTF’.

This isn’t to say that ‘the self-renewing elite’ Peston refers to shouldn’t be in the dock. And I’ll leave aside my thoughts on whether ‘establishment liberals’ are true liberals. My focus here is on wishful thinking, and I’ll let The Economist’s review of Peston’s book speak for itself:

And his conviction that ‘out of the current swamp a new generation of politicians with credible ideas will emerged primped and pristine on the shoreline of our ageing democracies’ looks delusional. There is little evidence that Britain’s elites are prepared to use Brexit as a spur to bright new policies. There is ample evidence, by contrast, that Brexit is being handled in the worst possible manner: dividing the country still further and distracting attention from what ails us.

That last sentence, and the last clause, ‘distracting attention’, is key. ‘Wishful thinking’ in everyday life may help keep us all afloat, but in politics the damage it can do is extreme.

 

 

Walking for charity with Melanie

We’ve been out walking, 10km (not miles, that’s the way it is these days), for ‘Walk the Wards’, a charity event to raise money for local hospitals in the Cheltenham area. (My partner, Hazel, is a volunteer on the oncology ward at Cheltenham Hospital.)

There’s something wonderfully positive about such events. I’ve run marathons for charity, but this was more laid-back, more focused – one charity, not many, and walking, so time to think, and no crowds to cheer you on, just mud (too much rain overnight) and a sense of common purpose.

The mood continues into the afternoon, this afternoon, Sunday afternoon. It’s drizzling outside.

It was drizzling – raining – at Woodstock in 1969, when the singer Melanie came on stage for her first-ever performance to a big crowd. The audience were lighting candles to beat back the rain. (We had imagination in those days!) She came away, as she said, a celebrity, and with the chorus of ‘(Lay Down) Candles in the Rain’ in her head. ‘I left that field with that song in my head, the anthemic part.’

Lay down, lay down, lay it all down…let your white birds smile/at the ones who stand and frown./Lay down, lay down, lay it all down…let your white birds smile/at the ones who stand and frown.

We were so close, there was no room, we bled inside each /other’s wounds.

We all had caught the same disease..and we all sang, the songs /of peace.

I wasn’t at Woodstock, but I listened and lived it back in 1969. Listening to Melanie singing Ruby Tuesday (in the bath, after the walk!), and that catch in her voice – something of the old optimism came back to me.

Today’s walk, ‘Walk the wards’, did a little bit of the same. Brought back the optimism.

In this overly negative, too often backward-looking era, with Barack Obama a memory (though still an inspiration), we have to hang on to the ‘can-do’, make it new, share it with our kids and their kids.

Another Melanie song, ‘Peace will Come’:

And my feet are swimming in all of the waters /All of the rivers are givers to the ocean /According to plan, according to man …

Oh there’s a chance peace will come /In your life

Each generation feels the push-back, each new generation has to push forward, all progress is slow, but if the older generations can find it in them to join with the younger, as I did with my two children, very grown-up children, last year, opposing Brexit in Trafalgar Square, then there is hope…

And yet… a mention of Brexit slips in. Many walking today will be Brexit supporters. Nothing is ever simple.

BBC: The World at One

Off to Cornwall and beyond the news, and truth and post-truth, for a few days. But before I go…

BBC news reporting has so often impressed me, but in these post-truth days it worries me – the standards of presentation, debate, argument, balance, integrity have to be so much higher.

Taking a World at One programme from a few days ago as an example.

Martha Kearney: trying to get an answer to her question, why had there been no increase in participation by young people 16-25 in sport as a result of the Olympics. The Sports England director of sport, Phil Smith, answered valiantly, pointed to an overall increase since 2005, made the point that there were increasing pressures – distractions if you will – for young people, against which sport has literally to compete. (Where would we have been without the Olympics? –  declining rates of participation a real likelihood.) She wanted a quote – an admission – a headline. In the best, and worst John Humphreys tradition. Instead of pursuing a wider knowledge, she was seeking a story.

A debate regarding statues in the post-Charlotteville (Alt-Right demonstration, and an anti-racist protestor’s death): the ‘debate’ disguised the story, and ambled round the David Aaronovitch’s argument in the Times that statues should remain but with explanations. The BBC treatment completely missed any shading in the argument – the dark shade, the statues out up in the 1920s as political Jim Crow-era statements – re-asserting the old slaveholding anti-bellum America: for every African-American passing by they are a reminder of a cruel and bitter world. Whereas the Cecil Rhodes statue in Oxford (my college, Oriel) is high on a wall, all but out of sight, a thank you to a benefactor – not a political statement. You can (indeed I can) argue the Rhodes statue shouldn’t be there, but explanation could be, and I think will be, the way forward in this case.

More recently, late night, BBC News, Professor Stephen Hawking has come out strongly arguing that the government has been selective in its use of evidence for the 7-day working week for hospitals. We then had the Secretary of State for Health’s strong denial – all right and proper. But they then quoted just the kind of selective evidence Hawking was referring to – and didn’t quote any of the other studies. The bare facts as portrayed by the government were even given display boards. ‘Labour-supporter Stephen Hawking’ – that was the final way of damning his argument. It was poor stuff. The arguments on both sides were never properly addressed.

Going back to the News at One I remember they ended with a Tory MP being given space to argue for entitlement cards for immigrants, which as Martha Kearney pointed out, implies identity cards for all of us. David Davis has strongly opposed these, I understand, but the Tory MP argued along the lines of ‘special measures for special times’. The vast inconsistencies in this as in most Brexit arguments was hardly touched on.

And there are other stories. I feel like the Mail – on BBC watch all the time. But the Mail belongs in the post-truth era, and has for many a year, long before post-truth. I am of course just the other side of the argument these days. It does make it so much harder to make a case…

Austerity versus stimulus

Don’t let anyone say I avoid the big subjects!

Whatever one’s instincts, where lies truth? Is there any definable ‘truth’ when it comes to this debate – stimulus versus austerity. A good starting-point is a book of that name, just published, a collection of essays edited by Robert Skidelsky and Nicolo Fraccaroli.

The question, as Robert Skidelsky and David Blanchflower argue, ‘is whether Britain should be compared to Greece… Britain could, the Keynesians argue, continue to expand its debt with no risk of lowering confidence in the economy, as long as that debt expansion was used to pay for growth expanding projects’. But does high government borrowing push up interest rates and inhibit private investment? – Friedrich Hayek’s argument.  Is there a danger that people will lose faith in the management of the economy? – Niall Ferguson.

The UK national debt will peak this year at 89% of GDP, the biggest since the 1960s and up 36% from a decade ago.  (Paul Wallace, Prospect, July 2017.) I’ve seen figures for the first quarter of 2015 indicating that the annual cost of servicing the debt was £43 billion, but a third of the interest in that debt is the government paying interest to itself – the result of quantitative easing. On the other hand interest rates are currently very low, and could rise, and in  Paul Wallace’s words, ‘The Treasury is right to worry about maintaining fiscal headroom to respond to a future downturn.’ But if we take out that one-third which the government is paying itself, then it doesn’t look quite so bad.

Comparisons with other countries are helpful, and confusing. My data isn’t up-to-date, but the USA debt was over 100% in 2011, and  Japan’s debt is approaching 200% of GDP. Paul Wallace quotes the IMF, which puts our public debt as the sixth highest of 26 advanced economies. The CIA World Factbook ranked us 18th internationally.

And what about total public spending, another key indicator? Down from 45% in 2009-10 to 39% now – which is its pre-crisis level of 2007-8.  Wallace points out that in the late 1980s Britain spent virtually the same on health and defence. Today we spend nearly four times as much on health.

What this tells me is that there’s a case to be argued on both sides. For stimulus and for austerity. But I’m a Keynesian at heart. Keynes understood that confidence is everything, investment and not retrenchment is the key, and that the private sector is the driver of all successful economies. At the same time there is nothing intrinsically wrong or to be frightened of when it comes to public expenditure.

I think the phrase I quote above is key, ‘as long as that debt expansion was used to pay for growth expanding projects’. So – just one example, but an easy one – scrap HS2. Any growth benefits will be miniscule compared to the benefits from investing the money elsewhere – not least in other infrastructure projects.

Where does this leave the NHS? Real spending on the NHS increased at a rate of 1.1% under the coalition, compared to 4.1% a year over the past few decades. In addition, much of social care is in crisis. Benefits will be pared back further in the coming years. Prisons are too often scary and ineffective places…. This where increases in current expenditure have to be focused. Not on re-nationalising energy supply or the railways, whether such goals are worthy or not. As for scrapping student loans – a contributory scheme, an adjustment to rather than a scrapping of the scheme, may be one way forward. Paying off existing loans would not be a sensible use of resources. And what of scrapping the 1% pay increase limit for public sector workers – a highly inequitable restriction, enforced for four years – and now the subject of very public bickering among cabinet members?

This takes us to current arguments about increased taxation, and how effective that might be. Could it be increases in VAT, and /or a mansion tax (highly controversial) – where revenue streams would be certain in a way that that increasing the top rates of tax or hiking corporation tax wouldn’t be.

With continuing impacts from globalisation, and automation, the future is massively unpredictable. My only sure conclusion at this time is that austerity, as currently enforced and anticipated, is unnecessary and counter-productive. But how we spend wisely – and at the same time promote investment and encourage business and international trade – that is another matter.

What is absolutely certain is that we don’t need the tomfoolery of Brexit. And we do desperately need a competent government.

UK election 8th June 2017 – where do we go from here?

I’ve resisted for a little while any comment on last week’s election. It was a seismic event, watching at 10pm on election night, and knowing by 10.01 that it looked likely we’d have a hung parliament. Then watching till 4, rejoicing in seats gained, sadness in one or two cases at seats lost, but a sense deep down that at least the terrible tide the referendum prompted, and the vote confirmed, was finally if not turned then stayed. For too long there’s been a sense that the tide had overwhelmed the liberal attitudes of old, and we against all better judgements were set on a catastrophic Brexit course.

London and other cities, and above all the young, spoke out. Some extraordinary vote registering had gone on below the radar, press and opinion polls were hardly aware. May was a disaster, and remains so, the Tory campaign and manifesto likewise, and Corbyn came out of a shell many of us thought was the real Corbyn to reveal a performer, yes, a performer, with a sure touch, and a degree of ordinary human sympathy, and humour, which struck a chord with me and many another.

Talk to the under 30s and most, almost to their surprise, were voting Labour. Not just the Corbynistas who took to the barricades two years ago. I could have voted Labour, voting tactically, living as I do in a constituency where the Lib Dems have little chance, but old loyalties held me back.

Let’s assume we can stay and even reverse the Tory tide. What will replace it?  The centre is recent times has not held, and there’s a pull of gravity to the left that could take us too far.

The gulf between the Corbynite left and the traditional liberal centre is a big one – a gap in practice, outlook, traditions, as well as pure politics. But, accepting all the risks, could a new devil (who may yet cast off a horn or two) be better than the old disastrous devil who has been calling the tune too long – and still of course aspires to. I’ll be returning to these words in coming months, and checking if they are wise, or foolish, or somewhere inbetween.

For my part I’ve little time for the old trade union connections, for industrial warfare which is a hangover from another age, for pseudo-socialist alternatives such as Hugh Chavez, which have over the years drawn Corbyn in. I’ve no principled objection to renationalising the railways, where the free market finds it hard to operate successfully, other than cost. Energy generation and distribution would be a lumbering giant in the hands of the state.

Student loans are a vexed question: I’ve supported the principle until recently (and indeed in an earlier version of this post), but it’s more than apparent that the system needs radical reform. Levels of debt are spiralling. The rate of interest, 3% above RPI, is now 6.1%, and average debt on graduation £44,000. To quote the Independent, based on a lower debt on graduation of £33,000, ‘a graduate on a salary of £55,000 at the end of the 30-year period (after which loans are written off) will have paid back just over £40,000 on £33,000 borrowed, with a remaining £58,000 unpaid.’ The debt is extraodinarily high when you’re starting out, and you carry it with for thirty years. Then any balance is cancelled.

The state will lose vast sums because many loans will simply be written off after thirty years. Graduate debt in the UK is higher than in any other country in the English-speaking world. Scrapping the whole damned system is one option. A contributory system, with lower levels of interest and repayment, is another.

What I don’t know is how Corbyn proposes to replace student loans. But I can see very clearly why it’s a major issue for young people.

As to Labour’s tax proposals, they transparently won’t bring in anything like the revenues the Labour manifesto suggests. Higher tax rates for the affluent have natural justice of their side, but aren’t likely to be effective in raising significant revenue, and taxing companies – increasing corporation tax – can easily be counter-productive. But I don’t for a moment share the Tory obsssion with tax reduction at all costs.

So why support Corbyn – albeit a tentative and watchful support ?

1] Relax the austerity obsession. Improved infrastructure (not including HS2) can only improve economic performance. And cuts to social welfare have to be pared back, and the NHS funded maybe on LibDem lines – an extra 1p in the pound on income tax. The national debt (approx 82% of GDP) looms large, fed each year by a budget deficit, the elimination of which keeps being postoned – Brexit being the latest culprit. Far better to prime the economy, and as a consequence increase the tax intake, than pursue the black hole of the May/Davis nexus.

2] Bring compassion back into politics – bring the poor, the unemployed and the disabled back into the heart of things. They have been stigmatised too long, though the fault is not with them. The dependency culture is in great part a right-wing figment, an excuse for putting them both out of both mind, and as far as possible, out of sight. The budget deficit has driven cuts in recent years – but a highly inequitable treatment of the less fortunate cannot be the answer.

3] Enlist and keep on board, as Corbyn has done, the young, to counter-balance all the caution and backward-looking disposition of the over-60s who to their shame have closed minds and ranks in support of a spurious UK – or English – identity.

4} Support the immigrant population, and allow future immigration to be dictated by the requirements of the economy – from Europe, from India, and elsewhere. Not least students coming to our universities. To be open to refugees, to be open instinctively – which doesn’t mean we open our ports, but it does mean our first response is to help and not to stigmatise.

5] Implicit in so much of the above, to maintain our close ties with Europe, with the EU, with EU institutions, maintain our trading links, and that wider humanity, concern for the individual, for rights, for equality, for the environment, which is so much the European tradition. We and Europe are so much more effective in a world of big power blocs (USA, China, Europe) if we speak with one voice.

6] Related to the above, maintain our influence in the world, which Brexit would, in the name of a spurious sovereignty, surrender: where better to exercise our sovereignty than within a continent where we’re listened to, where we share traditions. What chance when we argue our case on our own, a small island with an inflated idea of regaining glories which belong to vastly different world?

Corbyn is wary, more than wary, of globalisation, more than wary of big business. His old socialist instincts worry me. But it’s chance I’ll take. The Brexit route is guaranteed to bring disaster, and I don’t believe that the Labour right, or the wider country, would, come a future election, allow a luddite Corbynism to prevail.

But there is risk here. Under Corbyn we might find ourselves pursuing a new identity politics, where we close our minds to the impact of automation, try and hold on to old industrial practices, hold back the rise of new companies and new industries, and resist the changes in communication and trade that business, and big business, will inevitably take forward. Getting the balance right between the old and new will be vexed and require all our attention, and debate, and financial support for those who suffer. Likewise keeping our focus on the environment, and climate change, and the population and resource issues which have to be addressed.

The Trump and Le Pen agendas are there to remind us what could happen – and Corbyn will surely be well aware of the dangers of trimming in that direction.

But I have to trust that the young, the under 30s, the under 40s, will haul him back. It is their world, even more than mine, and we have to trust them to make it work. Who will lead when Corbyn is gone, and will she or he will retain their support – they are big questions. But a ball has been set rolling, and while I don’t trust all the routes that it might take, we do finally have a counter-course to stay the Brexit obsession.

Politics will never take the course we anticipate. Never has and never will. But we can work to set a direction, and argue both in political and practical terms to hold that direction as best we can.

No mention here of the Lib Dems, where I remain a member. They will pull strongly to sanity and to the centre, and will now be under a new leader. Their role is this regard will be similar to the Labour right, the new Labour rearguard. Just how the centre of British politics works out in the year, and years, to come is another of the great imponderables.

But to quote Nigel Farage, at least there are signs we might yet ‘get our country back’. Farage of course had never lost his – he’d conjured a country which simply didn’t exist.

Truth isn’t indivisible

…it’s in the eye of the beholder.

Truth, as seen in the context of the referendum.

It’s suspect, handed down from above, seen as establishment truth. People came to distrust all facts as ‘handed down’. False information, rumour, scandal came to have the same status as facts.

Deliberate manipulation of the news, by mis-statement (the NHS £350 million), or by presentation (the infamous UKIP refugee advertisement).

The Remain campaign tried to fight fantasy with fact, ‘but they quickly found that the the currency of fact had been badly debased’.  (Katharine Viner.) Facts were labelled as Project Fear and ‘quickly neutralised by opposing facts’.  ‘This is a disastrous mistake that ends up by obscuring truth, and echoes how some report climate change.’

The BBC were, sadly, a prime example of this tendency.

Viner also refers to the way that many news organisations have ‘steered themselves away from public-interest journalism and toward ‘junk-food news’. Chasing readers, chasing advertising, and for online readers chasing clicks. What is equally worrying is the mixing of the two, apparently hard news with sex and scandal.

Hard news has to function in the same way – as scandal. Minimise the effort required of the reader.

Truth isn’t sufficient unto itself. It needs a helping hand.

The anger is still there

Four mornings on and the anger is still there. Meeting a friend last night, I’m greeted by ‘hello’, followed by ‘I’m angry’. To take one instance.

Cameron gave a statement in the Commons yesterday. Questioned whether the infamous £350 million a week would all go the NHS, this was ‘a matter for his successor’ was the gist of his reply, and he sat down with a slight smile.

It was the slight smile that worried me, angered me. This was politics at its very worst, playing games at a time of crisis. In the absence of any plan from the Leave side we are heading into an abyss. The Tories would like to delay the negotiations until a new PM is in place. The EU on the other hand cannot afford to delay – uncertainty and contagion are their big concerns. Hollande and the Italian PM Mario Renzi have both emphasised that exit must be processed quickly so that the EU can focus on what should be the biggest issues – fighting terrorism and strengthening borders (and, I’m sure, the wider issues associated with the refugee crisis).

If our government delays the likelihood is that the EU will draw up its own terms and present them to the UK on a take-it-or-leave-it basis. In any negotiation, any normal negotiation, you put your case down, coherently and cogently – and early. Get in there first. Stake out the ground. The way this is playing out it is we who will get staked out.

What I would have thought (and hoped) is that Cameron, playing the statesman not the politician (and taking into account the legacy he’d like to leave), would realise that the only option open to him now is to announce to parliament that the UK will continue to be a member of the EU. Given the referendum result we, the UK, would be seeking further reforms (the referendum result  has given him a powerful mandate) but we would remain, not leave. He should remind the House, and the nation, that the result of the referendum is not legally binding, and parliament in all matters is sovereign. There will be an awful lot of flak, more like heavy shelling from some quarters, but the country would be spared a long-drawn-out disaster. All that we’d suffer would be loss of face.

His justification would be watertight: the Leave camp have no plan, economic indicators are dire, our reputation in the world is at serious risk of being terminally damaged, above all the welfare of each and every citizen, of all of us, is threatened if we continue as we are at present.

There have been arguments from the likes of Digby Jones (ex CBI chief) that we could manage very well in the world outside the EU. Up to a point, that could be true. We could function OK, at a lesser level than now, but we would function. But that issue is theoretical.

The real issue is where we are now, and the imperative of taking action now to avoid the chaos ahead.