Simple Economics ?

[JemimaMuddleFuck]

I have cut back on everything.
I am going to cut back futher.

I will not be buying anything because I do not know what the future holds.

It's the Thatcher recession all over again. Tories. Cuts will hurt eveyone that works for a living; but not them.

Normally I would buy from John Lewis; Boden; Vertbuadet; La Redoute, Next.

I have spent not a penny; because the household budget is too tight.

It's a typical Tory recession. Look after your own is the Mantra. Those that have money will make more money.

Interest rates will rise. Production and unemployment will increase; but be carefully hidden in statistics.

Because I am not spending; like thousands of others; jobs will be lost..

Verbaudet, Boden, John Lewis. No sales.

No sales mean more unemployed. It fits the Tory profile because we will all be working for a pittance

Who is putting forward these policies? Who is the actual government who has responsibility for the country and the economy?

Who made the choice to cut corporation tax, so that the banks and the richest corporations, taking the most profits out of this country are getting the biggest tax cut?

In the meantime, people working hard for this country are losing their jobs. The government is planning to make more people homeless when they cut their housing.
Poor children cant afford meals or busfares to get to school.
Poor children are being forced to accept loans of £44,000 to get a university education.
Many people are missing meals.
Essential services and social support is being cut across the country.
The NHS is being cut up, priced up and sold off.

The Tory government is wilfully damaging our own economy.

Who had responsibility for the economy for the last thirteen years and screwed it up?

Who claimed to have built cripes knows how many new hospitals which it now turns out were on the PFI never never?

Who pissed away billions on education and oversaw a lowering of standards, creating a lost generation draining the economy?

Who wasted billions and billons of pounds of taxpayers money and economic growth creating the most massive, god awful debt which we are now trying to bring down?

You seem to have a problem with you return key. [shrugs]

i) Lots of people are losing their jobs. Shit isn't it? Happens in a recession. If you can't afford to pay the staff you have to let them go.
ii) The government has no white paper entitled "how to make people homeless". They are not "cutting" housing. How the fuck did you even come up with such an idea? How do you "cut" housing? Set fire to it? What ludicrous thing to say! They are capping the housing benefit available to NEW applicants.
iii) Children are not in charge of the family food shopping budget. The majority of children will live within walking distance of school.
iv) People are missing meals? Minimum "social security payment" for one person is 65 quid. That's a lot of food at Tesco.
v) I refer you to this entire thread whose point is "you can't buy what you can' afford"
vii) Fucking good. Monolithic piece of shit employing thousands upon thousands of middle management.
viii) How do you respond to the Labour party who promised they'd be making cuts larger than Thatcher's and whose proposed "cuts" were only a very tiny percentage smaller than the coalition goverment?

You won't answer any of that though will you? Get back to your socialist worker and fairytale land.

Labour is now in tatters. It was using the US as the example that cuts do not need to be made and now we see much bigger US cuts. As I've been saying the UK is not really doing enough cutting.

The US has "cut the US's $1.65 trillion (£1 trillion) deficit over four years, a faster rate than Britain.

"It reinforces the point that Labour are entirely isolated in the international community," Mr Osborne said on the fringes of the International Monetary Fund's spring meeting in Washington. "That has left them in no-man's land."

The US President is aiming for a total reduction of 8pc of GDP by 2015. The UK plans a consolidation programme of 8.4pc, but as Mr Osborne started cutting a year earlier, the average pace of reduction is just 1.6pc a year, compared with 2pc annually in the US. "