British Party: Britain's future Prosperity
Economic Prosperity in Britain
The British economy needs to be redefined through a Constitution of Economy, a set of regulations that would ensure a prosperous future for our Country.
Free market decisions could be taken and free trade would be guaranteed, but within fair regulations upholding citizens' rights. Currently there are rules and regulations governing the economy, including trade and commerce, as well as taxes, so the idea is nothing new. But we do need a new book of rules, in the form of a Constitution, in order to avoid the catastrophic desolation to which our Country is heading.
At present there are thousands upon thousands of EU rules and regulations regarding economic matters, far too many, and the sheer number of regulations often leaves scope for loopholes that can be exploited to the detriment of our Society. One of the results of the current legislation is that many factories in Britain have closed down and transferred production abroad, while others have opted for employing almost exclusively non-British workers. This is generally known as exploitation of cheap foreign labour, the result of which is millions of people in Britain being consigned to unemployment.
In order to achieve Prosperity, we need a Constitution of Economy that would safe-guard our Country from the interference of Big-Government and from the interference of foreign parliaments, such as the European Union Parliament.
Local Administration and Accountability
One of the foundations of Prosperity consists in accountability, where an administrative authority has an overview of the economic situation within its own boundaries, has precise obligations towards its residents, and depends to an important extent on revenues from the economy present within these same administrative boundaries.
Central Government is not in a position to be accountable for all the unemployed people in the Country, whereas Local Government at County and District level is fully aware of all the general circumstances regarding unemployment within their area. For this reason, Local Government should have the legislative authority to ensure that its residents have the possibility to find employment.
Central Government should not pay unemployment or housing benefits, as these should be at the sole expense of the local community, such as the County or the District. This could only work if a percentage of income tax and corporation tax were paid directly to the councils. Once this percentage has been calculated, it would become the sole duty of Local Government to make sure that its incomes are sufficient to pay for all benefits relating to unemployment and low incomes.
Local administration would have the duty to require all employers registered within their administrative boundaries to comply with the constitutional laws. Employers who discriminate against British people by recruiting – out of principal – Eastern Europeans, as is the case in many minimum-wage factories in England, would be summoned to Court to respond to charges of ethnic discrimination against British citizens. They would be held accountable owing to the fact that the local community is responsible for paying unemployment and housing benefits to the unemployed.
Local Government would be able to reach the roots of unemployment by enforcing the Law that forbids ethnic discrimination, which is one of the main causes of unemployment among people in Britain. The councils would be encouraged, and indeed obliged, to run training courses for the resident citizens that would enable them to find work in factories and warehouses - or in any other sphere of the economy - present within the administrative boundaries.
Therefore, an important incentive to motivate Local Government in reducing unemployment is by including in the Constitution a law requiring that unemployment-related benefits are not paid by the State Treasury, but by the councils. Reducing unemployment by monitoring how employers recruit workers, ensuring they do not apply discrimination against British nationals, would lead to less money being paid for unemployment-related benefits, as the cost of unemployment would rest on the local community.
This would guarantee all British citizens a fair chance in finding work and receiving a decent income, rather than being abandoned to living on benefits owing to the absence of accountability on the part of Central Government.
So long as taxes are paid almost exclusively into the national Treasury, Central Government will continue to fail in accountability when managing and distributing our finances, ignoring the regional problems affecting the British economy. The Government will only continue adding to the Public Debt, and we will be heading into a situation where the interest we pay on this Debt becomes unsustainable. If this is not indeed already the case.
In order to ensure strict discipline in guaranteeing accountability within a fair society, Local Government would never be allowed to create a public debt, nor to circulate bonds or other paper value. However, council administrations would be encouraged and obliged to enhance the local productive economy with which they are in direct contact, not through projects encouraging immigration, but for the sole purpose of guaranteeing employment and prosperity for the local community.
Link to page 2, Britain's future Prosperity: