Blueprint to the Con-Dem's cuts.

[jonrover]

Perhaps the most interesting article I've see to date on what we can expect when the Con-Dem's wield the axe on the public sector. And from a newspaper that is impartial. I fear the worst.


http://www.independent.co.uk/opinion/commentators/johann-hari/johann-hari-cameron-needs-to-learn-from-ireland-2038887.html

[BillyStubbsTears]

Couldn't agree more Jon. There are two possible routes put of the current budget deficit and thisGovernment has taken the riskier of the two, dressing it up in Thatcherite \"There Is No Alternative\" rhetoric. The fact is, as many eminent economists say, there IS a very real alternative - go for growth instead if manically and ideologically driving through brutal and dangerous cuts.

The Sunday Times yesterday had an article stating that the Bank of England has reduced its forecast for growth next year by 1% as a result of the Budget cuts. And the predicted outcome in terms if jobs is frightening, as this BBC story shows. http://www.bbc.co.uk/news/mobile/business-10907556

We are setting up precisely the conditions for an economic disaster like Japan has had for the last two decades, as the Independent article explains. Low growth, Hugh unemployment, low tax income, high welfare payments resulting in increased deficits and therefore low growth. If it wasn't so vitally important, it'd be farcical.

[Dagenham Rover]

Good read that.
As I've said previously many economists have said the deficit would have been halved by 2014 by carrying on exactly as was with the cuts/spending that had been already planned.

[Filo]

To preach austerity as the solution to depression is the equivalent of drilling holes in your head to cure your migraine while dismissing aspirin as for wusses

Says it all really doesn`t it?

[Sprotyrover]

This is going to be a very interesting 'Social experiment' as the Police are expected to make 25% cutbacks and 88% of their funding goes out in wages their numbers will rapidly contract.

When the inner City riots start there wont be much of a thin Blue line to dig the Tories out of the pooh.

Having said that I must admit that I have a lot to do with PCT's and the local council and there are a lot of folks being paid wodges of public money to do nowt.

Take our own Town centre manager 60k a year and he cant even sort out the open sewer which is the passageway connecting Hallgate and wood street.

[Jonathan]

Interesting that you cite The Independent as impartial, in reality it's far from it. Prior to the election that paper was a fully paid up member of the Tory bandwagon. As  the situation develops (likely worsens) it will be interesting to see which newspapers start to forget how many column inches they devoted to persuading people to vote for what we're getting.

[rabjohns]

I am of the same opinion as Derek Simpson,that in a year's time it will be hard to find anybody who will admit to have voted Tory.