Susan Thomas, Oxford

Wednesday, 13 May 2015

January 2014 Oxford Mail
Sir
the leader Ed Miliband is starting to sound like a scratched record with his endless repetitions of  "the cost of living crisis".
The fact is that some of Labour`s policies are responsible for the  financial hardship felt by families.
Firstly, Labour thought it was a good idea to deregulate the banks.
The resultant banking crisis cost each and every family in the UK the princely sum of £40 000 to bailout the banks via their taxes according to the Audit Office.
The gaffe prone  Ed Miliband recently wiped £500 million off taxpayer owned banks with his promise to break up the banks.. 
 When the inept Ed Miliband tried to win over the electorate by freezing utillty bills , the investor lead energy market responded  immediately by raising fuel bills.
 This rise could not have helped hard pressed families.
 Recently Ed Miliband trumpeted a policy to reverse the 10p tax rate.
 This unfair tax rate was  a policy he had once endorsed in 2007.
So he now has reversed his own economic  policy!!!
One might fairly conclude that the Labour leader may not be a wise choice for our economic security.
SUSAN THOMAS
OXFORD
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