How to win and lose elections.

Modern Monetary Theory: Real Economics

At the risk of the accusation of being  pretentious, I’ve never won or lost an election ever, I thought I’d deviate from my usual economic commentary and have a try at explaining why Labour did so badly in the recent UK elections and what needs to happen for them to do better in future. There  are are an awful lot of disappointed Labour supporters around, who might be looking for some answers as to why an expected Labour small win suddenly turned into quite a large Conservative win.  There’s probably many Liberal Democrat supporters feeling somewhat depressed too, but they don’t need any similar explanation!  Something went obviously very  wrong for Labour on polling day. Either those potential Labour voters who had indicated to the pollsters they would be voting Labour did not show up on the day, or they changed their minds at the last moment and voted for someone else. The pollsters sampling methods cannot…

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