The Labour Party has produced a bold manifesto. Already there is a queue of pundits telling the media it can't be afforded. The reality though is different. We cannot afford not to do this. It is a significant investment to ensure we tackle poverty, fund the health and care services, building houses hard-working families can afford while ensuring we have the right kind of investment in critical infrastructure and the skills businesses need. The IFS has already produced its own costings. It is a balance sheet of how much the immediate costs are and where the revenue would come from. It doesn't give the entire picture. Over time investment in bringing people out of poverty and investment in health and green jobs will itself increase tax revenue. It will begin to pay for itself over time. I suppose voters might say, pull the other one, but history demonstrates that when governments made similar spending in the 1950s, 60s, and 70s, the nation...
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