Sunday 30 January 2011

OSBORNE'S DROPPED US IN IT!

Chancellor of the Exchequer George Osborne suggested it would be chaos if he changed his mind over the cuts. The real effects of his approach to reducing the deficit are yet to fully felt by the public. Just the cuts to local government grant will push the costs for some local services up and reduce some services with other services being eliminated altogether. The increase in V.A.T. and inflation will create unemployment and reduce the total tax take. If he is hoping to rely on other Countries to pull us away from recession then it is a huge gamble by Osbourne. Effectively the Local Government and Central Government cuts are having to be organised and implemented by others, with people like Pickles and Osborne in denial over the actual choas they are causing.
As the Tory led Coalition keep saying "We're all in it together." and we are, right up to the neck.

No comments:

Post a Comment