All the political parties in the UK are hosting their annual conferences around now. Yesterday, Labour, New Labour had center stage with Tony Blair, Prime Minister giving a stern, aggressive and demanding speech to his party. He was saying he is here to stay for a full term of government, he has lots to do, a self declared 'change maker'.
I didn't hear the whole speech but the most significant words I heard was his statement that in the UK the most important factor to affect your opportunities in life is still the wealth of your parents. Therefore, I assume his whole political agenda is to change this? And if I understand right, this means Education, Education, Education? No doubt education is crucial but our economy is a mixed one. Not far off, 50% State, 50% Government. Is this too much crowding out of opportunity? I would like to know what the number one opportunity factor in the US is? My guess it is the culture of its society.
Changing a culture would be my goal and with that, the level of government spending percentage will head south regardless of your economic school of thought.
Should just say that the Liberal democrats had their conference last week. If their has been a silent master plan (or brain) behind their positioning that has given them many new seats in parliament then I feel we can expect a good tussle in future elections. However, if they are getting votes just due to circumstances in the current political landscape then their meandering through political wilderness is set to continue. Next week has the Conservative Party taking to the stage.