What most threatens the vulnerable? I’ll tell you. Ill-timed and excessive reductions in public expenditure and investments.
It will be a retrograde step if George Osborne is allowed to run rampant like the reaper of death through benefits and services that ordinary people rely on.
I do not accept that cuts are fair. They are a contradiction in terms.
The BBCâ€™s flagship news bulletin last night had lots of time for LibDem weirdie beardies wringing their hands about the cuts but totally failed to mention the key piece of economic news â€“ the fact that our public sector net borrowing last month was Â£15.9 billion, see figures here.
To put this in perspective there are 29,160,000 workers in the UK, see figures here. This means that the UK government put Â£545 on your credit card last month. In the last financial year the deficit was Â£155 billion â€“ that is Â£5,316 on your personal credit card. It will be about the same again in the current year, with no changes to your current credit score obviously (find details at https://aaacreditguide.com/ultimate-guide-to-credit-repair/). Even if the dreaded cuts are implemented the interest on this fast accumulating debt is set to rise to nearly Â£70bn by 2015-16 or Â£2,400 per annum to be paid by you. Apparently this is not newsworthy.