(The Wall Street Journal – Opinion) — “Labour, along with Europe’s other Socialist parties and America’s Democrats, bring to that knife fight the gun of unassailable conviction. They really believe redistribution is what politics is for, and voters trust them more to do it.”
London — British politics is undergoing a remarkable transformation, and it isn’t Brexit. Voters are steadily losing confidence in Theresa May’s Conservative Party when it comes to the economy.
A poll released this month from Opinium found that 36% of voters trust the economic competence of Mrs. May and her Chancellor of the Exchequer, Philip Hammond, while 28% trust the Labour Party’s far-left leader, Jeremy Corbyn. Sounds positive? A year ago, the same poll found trust for Mrs. May at 44% and Mr. Corbyn at only 18%. . . .
Mr. Corbyn promises to renationalize railways and utilities, introduce rent controls and blow out the budget. Brits know that agenda doesn’t work, which is why they’ve repudiated it for nearly 40 years under Thatcher, Tony Blair, David Cameron, and lesser prime ministers in between.
Click to continue reading. By Joseph C. Sternberg –