The "fully costed" Labour manifesto costings don't include a single penny for nationalising energy, rail, water and Royal Mail. Not a penny.
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Replying to @wallaceme
Guaranteed the savings from not having to pay a private company for utilities will offset the amount to borrow anyway.
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Replying to @Locke4MP @wallaceme
Lets nationalise the entire economy then. Think of all the savings.
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Replying to @_Capilano_ @wallaceme
https://en.wikipedia.org/wiki/Straw_man I advocate nationalisation of basic utilities for which there is a universal need. i.e. Health, Transport, Utilities
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Replying to @Locke4MP @wallaceme
But when the cost of government borrowing is lower than business return on capital, the more we nationalise the more we save. Right?
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Replying to @_Capilano_ @wallaceme
£3Bill in profit was generated by energy companies. I can't imagine it'll take long to recoup the amount borrowedhttp://www.mirror.co.uk/news/uk-news/energy-companies-make-record-profits-7110015 …
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If there is a universal need for a basic utility, there's no reason why costs should be passed on to consumer for profits to go to the top.
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Replying to @Locke4MP @wallaceme
Saying state ownership is cheaper because there's no profits is naive and totally contradicted by history.
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Instead of telling me it's naive, try explaining *how* you think my policy initiatives can't work if you disagree #LazyNeoLiberalism
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