Matthew Lynn Matthew Lynn

Labour’s nonsense about the cost of the state

Less than the cost of a Spotify subscription. Less than Netflix charges you every month. True, you might not be able to get the latest Taylor Swift remix or episodes of Stranger Things, but the Labour Party is trying to reach out to the streaming generation with the claim that the state costs you less than either your music or TV fix. According to its Twitter feed, someone earning just £82,000 a year has to pay only £8.33 a month for ‘free healthcare, free education, properly funding the NHS, lifting children out of poverty, ending the climate crisis, and ending homelessness.’

Wow, that sure sounds like a bargain, although it would have been nice if they could have thrown in Amazon Prime membership and a couple of extra gigabytes of mobile data.

Matthew Lynn
Written by
Matthew Lynn
Matthew Lynn is a financial columnist and author of ‘Bust: Greece, The Euro and The Sovereign Debt Crisis’ and ‘The Long Depression: The Slump of 2008 to 2031’

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