Over the past few weeks we have been bombarde with 'facts' about the economic crisis by the pres television, Labour politicians and trade union leac ers. 'Facts' which are aimed at bludgeoning the workers movement into accepting an even tough er wages policy than the one that has already cut living standards by five percent over the last year Every time a union conference blows cold over the three per cent plus tax cuts fraud, the pound drops another cent. But who is behind the run o the pound?
When tougher wage controls are demanded we are told that this is necessary to beat inflation. Varley and Healey tell May Day demos that in eighteen months shopping will no longer be a nightmare of ever escalating prices. But is it wages that cause inflation?
At the same time huge cuts in social spending are implemented, destroying thousands of jobs in the name of helping to save jobs elsewhere.
In these pages we take apart the lies being ped dled by the Labour leaders and the capitalist pres The arguments developed should be used by mili