cuts - Wednesday's Spending Review

[mrsbaldwin]

Brace yourself ladies - these cuts are big, there will be tens of thousands of public sector redundancies and it's said (by the Fawcett Society amongst others) that they will disproportionately affect women.

Some workers will get some sort of payoff, and some will be pleased to go. Some will find new jobs.

But I reckon the overall effect (licks finger and holds it in the wind) will be to drive down women's wages, meaning that once you are made redundant from your public sector post you may find more work but it will be at a lower rate and the extra competition for jobs across the board will drive wages down across the board. This may be true for men as well but I think it will affect women - mums - more.

If you are watching the press coverage on Weds, what do you think the effects of the cuts and the job losses for women (and mums) will be?

[LadyBlaBlah]

"The debt super tanker"

FFS

He reads out the numbers quickly. Deliberately

[bigchris]

Has he started then?

[LadyBlaBlah]

It's probably Lord Ashcroft

[byrel]

Eleison the banking bailout is not part of the structural deficit

[LadyBlaBlah]

Ha ha ha ha ha ha he will eat those words

"We will make sure the financial catastrophe that happened under the last government never happens again"

GB - "boom and bust" anyone?

[caramelwaffle]

Ahhhhhh The Classic "we are all in this together" ding, ding Bingo!

[Frrrrightattendant]

Erm what have they actually announced so far? We had it on for a second there but ds2 has turned it round.

Or are they still faffing?

[Lotofdamnationandhellfire]

Fairness. Of course, I hadn't thought of doing something like that.

[bedhed]

so its fair that those bankers are looking at 70K bonuses this year whilst lots of us on less than half that are going to loose our jobs?

Ideology. Pure and simple.

[LadyBlaBlah]

He has basically said "its labour's fault and we are going to sort it out"

[Eleison]

byrel are you saying that the banking bailout didn't create the financial crisis that is being used to justify these cuts to public spending? That seems a very surprising thing to say. Can you explain?

[ISNT]

Is this where we're hanging out? I am tryingt o watch it at work with the sound off which is not terribly effective...

What's he on about then?

[BoffinMum]

LOL at me being PM I am actually public school education myself, but to be fair it was a C of E one with a very strong public service ethos and the expectation we would all ut something back, which invariably we did. If you are in the NW of England and have a lady GP or decent legal aid solicitor, odds on that they went to my school.

[MaMoTTaT]

frrrright - they're still faffing.......

[alicatte]

Eleison, I do agree. I am frankly surprised at him, surely they must realise that every claim will be examined. The banking crisis did play into the structural deficit - wasn't it an attempt to shore up the economy?

[byrel]

eleison what I was saying is that the money the Government put into the banks is not counted as being in the deficit.

[MaMoTTaT]

oh now we've got the "blame your local council when you lose your job not us as it's up to them what they cut"......

[Eleison]

No but the cost of getting that money there is?

[caramelwaffle]

veryquickyoualmostmissit - "assets will be sold"

Which assets? And to whom?

British buyers? British buyers registered abroad? Foriegn buyers?


Assets = Motorways. Schools. Toll bridges. Government buildings etc etc

[BoffinMum]

Sorry about typing in last post. Very stressful this speech. Rendering me illiterate.

Had a dream last night that I had to buy a super king size Hungarian goosedown duvet for Sam and Dave's bed, only I could never get the right size from John Lewis and had to keep taking them back, and then I ended up on an island and slipped off a grass verge into the river and nearly drowned whilst trying to hang on to said duvet.

No guesses what's going on in my head today.

[Tootlesmummy]

Thank god the Queen is giving up 14%!

[caramelwaffle]

(I can spell - 'onest Guv)

[Lotofdamnationandhellfire]

Selling off assetts - selling the queen rather than just reducing household bill by 14%. Sovereign support grant...hmm

[LadyBlaBlah]

Call me a cynic but is he doing the bit about Whitehall so he can then start the shafting?

LOL @ the gracious Queen taking a cut of 1% !! I would be fucking gracious I can tell you