Rent controls, Price and Wage controls and central State Economic Planning are three of the failed Socialist dogmas last tried by Labour and the Unions in the UK in the 1970s that led to, er, high unemployment, rationing and economic ruin. Having already screwed the UK economy almost to the point of no recovery once in the past 10 years, wreckers Labour and their mafia Union bullyboys want to do it all again.
Labour have proven time after time that they simply can't be trusted with the welfare of the UK economy. With the best intentions but with incredible stupidity, they have ruined Britain's economy time after time. Labour have never once left government with unemployment lower than when they took power.
As most readers will know all this I'm probably wasting space writing it, but I'm just astonished - gobsmacked - that Red Ed should be so damn stupid as to propose rent controls at this stage of the campaign. Even Ed Balls knows that all rent controls achieve is a shortage of secure rented accommodation and the degradation of condition of private housing stock as owners can't afford repairs.
Any idiot not yet convinced should spend a weekend in Porto to see the results of decades of Socialist rent controls; gorgeous 18th century buildings in the city centre roofless and abandoned, others with collapsing facades, defective rainwater pipes, rotten window and doors and sagging, gaping roofs. All because the Socialist idiots thought the levers of power would bring Utopia when we know that what they mostly bring is ruin.