BATTERED! That's the state of the Tory government after week's disastrous budget.
Howe's package will standards higher taxes, and further plunge the economy into gloom.
Even inside the cabinet it's becoming obvious that Tory monetarism has been a disaster.
Through deflationary policies which deliberately put up unemployment, the Fories hoped to smash workers militanc create a pliant and submassive worktorce At the same time the *lame CUCK companies would go to the wall. British capitalism would emerge strengthened and the workers would be battered.
But neither has happened.
The disastrous slump is hitting both profitable and unprofitable firms. In the TIrst two monuns or unis year, 3,000 firms went bust. Over the past year industrial production has declined by 1½ per cent.
Despite the outcry the budget, ThatCHel and Howe Have signalied their determination to plunge ahead with their disaster policies.
Like cornered animals, the Tories will continue to lash out at working people while they stay in power.
The Tory crisis is an opportunity home the fight to finish them off.
April the TUC's week action will MODHISe thousands trade against audeness.
May the LiverpoolLondon lobs march will end in a monster protest in London. remove the furs he tables on the Tore cass cuts strategy it will difficult for much- more Heseltine to force cuts on local It Labour After of turmoil in the Tory Party, including the almost precedented defection of a Tory MP, the task for us is evident.
The Tories' crisis is our opportunity provided we organise now to capitalise on it.
ARMS RACE
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