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Monday, April 12, 2010

Labour or Tory, Same Old Bankrupt Story

Regardless of who wins the British General Election, none of the mainline parties are proposing the scale of public sector cuts necessary to restore the fiscal and economic health of the country:

The cuts would include reducing benefits and ­spending on education and health, but could be carried out without scrapping the bulk of existing public services, according to the IEA, which will map out detailed potential reforms in the coming months. According to Philip Booth, the IEA's programme director, trimming public spending would be more difficult and politically painful to deliver than a broader demolition of public bureaucracy. The IEA figure is based on attempting to keep the tax burden unchanged and bringing public spending down to around 30pc of Britain's economic output within four years – a level it says is consistent with a healthier economy. This year, public spending is set to exceed 50pc of Britain's gross domestic product.

The difference between David Cameron's Conservatives, and Gordon Brown's Labour, is the speed at which they would drive Britain off the cliff.

Posted by Richard Anderson on April 12, 2010 | Permalink


Until the public understands that the spending is actually creating the problems that it is supposed to solve, nothing will change. People will continue to vote for the spending while thinking they don't have to pay for it.

Posted by: Charles | 2010-04-12 8:52:30 AM

Very astutely put, Charles. People need to spend more time critiquing themselves and less time blaming the politicians. Like everyone else, they only follow the money.

Posted by: Shane Matthews | 2010-04-12 10:31:16 AM

If the 2 traditionalist (labor & conservatives) will give more of the same why not the third alternative? The liberal democrats at least they will make a difference by being a different mouth to eat from UK Government.

Posted by: Luis Blas Mendez | 2010-04-13 1:28:39 AM

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