On 19th November 2012 the Prime Minister David Cameron offered a nauseating talk at the CBI annual conference. For all those that don’t know, the CBI is a robust right-wing business lobby group that state to signify “British business” and boast about having 240,000 associates. In essence they are a sort or kind of trade union for business owners, corporate executives, and so on.
Even if the Tories hadn’t pushed 100,000s of individuals into economically illiterate mandatory unpaid labor schemes, the theory that work can be produced to pay through attacks on welfare entitlements by itself is still transparently wrong. Another declares that I’ve designated for attention is nothing short of an egregious lie. Cameron stated that the federal government has “protected the research budget”. No matter how much Cameron is situated concerning this one, the data will there be that the Tory led government have been ruthlessly slashing investment in science. Even the extremely right-wing Daily Telegraph has mentioned that cuts to the science budget will have devastating results on the economy.
Next he wheeled out the timeworn “our fiscal polices are working because interest rates are in record lows” fallacy, which is an apparent conflation of fiscal policy with monetary final results. I’ve already torpedoed this lame fallacy in this article about Tory financial illiteracy. Cameron’s next boast was about exports being “up dramatically”. Again, this is a sensational bit of revisionism that people at the CBI really should be with the capacity of spotting. In June 2012 …