{"id":257713,"date":"2025-03-26T11:00:20","date_gmt":"2025-03-26T11:00:20","guid":{"rendered":"https:\/\/www.worldsocialism.org\/spgb\/?post_type=snippet&#038;p=257713"},"modified":"2025-03-25T17:19:19","modified_gmt":"2025-03-25T17:19:19","slug":"growth-erm","status":"publish","type":"snippet","link":"https:\/\/www.worldsocialism.org\/spgb\/snippet\/growth-erm\/","title":{"rendered":"Growth? Erm\u2026"},"content":{"rendered":"<p>\u201cNow, however, Reeves\u2019s advisers openly admit that the high growth <em>implied<\/em> by Labour\u2019s manifesto is a pipe dream.\u201d (<em>The Times<\/em>, 21 March)<\/p>\n<p>Implied? No, <em>promised,<\/em> in fact proclaimed from the rooftops. If elected Labour would \u201cgrow\u201d the economy.<\/p>\n<p>Their excuse for failing (within a year!)?<\/p>\n<p>\u201c\u2018The world is changing,\u2019 one says. \u2018Global uncertainty means growth across the world \u2013 in the eurozone, the US and the UK &#8211; has been hit\u2019.\u201d<\/p>\n<p>The SPGB has said repeatedly (and experience shows) that capitalism runs to its own uncontrollable economic cycle, so election promises are likely to evaporate in double-quick time.<\/p>\n<p>The only surprise is how quickly it happened this time.<\/p>\n","protected":false},"template":"","class_list":["post-257713","snippet","type-snippet","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/www.worldsocialism.org\/spgb\/wp-json\/wp\/v2\/snippet\/257713","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.worldsocialism.org\/spgb\/wp-json\/wp\/v2\/snippet"}],"about":[{"href":"https:\/\/www.worldsocialism.org\/spgb\/wp-json\/wp\/v2\/types\/snippet"}],"wp:attachment":[{"href":"https:\/\/www.worldsocialism.org\/spgb\/wp-json\/wp\/v2\/media?parent=257713"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}