Impact of Tory policies

IN READING the letter from Horsham councillor Peter Burgess (County Times April 12), I can only conclude that he either suffers from selective amnesia or has spent too much time with his head in the clouds.

Whilst no apologist for any government, here are a few reminders about the impact of previous Conservative Government policies:

The ‘one club’ economic policy and mismanagement of the 1980s and 1990s that pushed interest rates to their highest ever levels of 15 per cent plus, seriously damaging the economy and adversely affecting all mortgage holders, resulting in the phenomenon of negative equity with thousands of families losing their homes.

The introduction of the right to buy scheme, eroding the stock of public housing and then their refusal to allow local authorities to spend the cash earned from the sales on building new low cost affordable housing.

The attempted introduction of the poll tax, causing rioting on the streets and yet, in parallel, giving a tax credit to owners of second homes.

The incompetence in foreign policy demonstrated with the announcement of the withdrawal of HMS Endurance that precipitated the war over the Falkland Islands and the associated tragic loss of life.

The policy of privatisation of former state enterprises with the consequence that in the case of rail services, UK passengers now pay 40 per cent more on average for their fares than those prevailing in the rest of Europe.

The deregulation of the City of London, establishing the ‘loads of money’ short-termism culture and laying the foundations for the current economic crisis, precipitating the increase in the division between rich and poor which is at the root of many of society’s current ills.

The concept of Private Finance Initiatives for infrastructure projects, a policy which mortgages the future and will be costing future generations millions.

This is certainly not a record about which I would be proud nor seek to berate others.

L.N. PRICE

Smithbarn

Horsham