Spending Cuts: “we are all in it together” – not true
by nhojnai on Oct.21, 2010, under Cuts, Unemployment
It truly amazes my how the Coalition appears to have managed to pull the wool over most people’s eyes. How many times have we heard “we are all in it together” and we have to do this “because of the mess left by the previous Labour Government”.
Lets put the 2nd statement to bed 1st – this ”mess” was caused by irresponsible Bankers and Financiers with their reckless lending and “deals”. So to recap THIS MESS WAS NOT CAUSED BY THE LABOUR GOVERNMENT.
As for “we are all in it together” – complete rubbish – the poor will bear the brunt of the effects of the spending cuts by a large margin. Everybody keeps talking about % as if this is what matters. If the rich, say everybody with a combined earning above £100,000 per year, was to loose as much10% of their income they would still be able afford a roof over their head and buy food for their family (if not they don’t deserve any sympathy).
Similarly for middle earners, although due to having taken on too much debt (including mortgages above 90% of property value) they may struggle, at the end of the day the majority would be perfectly OK.
However when it comes to low earners or people, who, by no fault of their own depend on benefits will suffer disproportionately and, they may not even be able to feed their family or get chucked out of their private rented accomodation because of caps on housing benefit.
As for the idea that ‘the private sector’ will create 500,000 jobs to absorb those resulting from the spending cuts. More rubbish – this is unlikely to happen. Why? because, for a start it is estimated that the cuts will also result in around 4 to 5 hundred thousand private sector job cuts as well. The final ‘nail in the coffin’ of these extra jobs is the fact that, in some areas, 90% of new jobs are being taken by migrant European workers over which the Coalition has no control.
What a disgrace, when will the Lib-Dems wake up and stop allowing this carnage to take place? Please wake up before it’s too late!
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June 11th, 2011 on 5:13 am
An interesting post, which I reckon many people would agree with. As a wannabe first time buyer and a primary school teacher with a family to support, you are striking many chords that I agree with.
However, there has to be some admission that responsibility for the recession does lie with labour, allowing the economy to grow based on credit, slopy banking policies, etc, as we often hear mentioned.
But the major issue I have is the way they allowed the cost of living to increase so dramatically, and I think they did this in two ways.
1. The over-taxation of fuel – increasing the price of everything, especially with rising oil prices.
2. For not trying to repair the damage of the previous tory government after they sold off the social housing stock. Instead they concentrated on headlines and not what the country needed at the time. Social housing is a vitally important method of allowing people to keep their expenses low (especially considering how expensive renting or buying a house now is) as well as getting housing stock onto the market. House price rises, have driven this economy’s increasing cost of living and price rises as well.