Friday, March 25, 2011

The budget for growth

Fuel in the tank? Yeah brilliant...1p cut on fuel coming after a 3p rice caused by VAT. Blithering on about simplifying things. Waffle, waffle, waffle. At the end of the day the only figures that matter are the growth forecast...downgraded again. Osborne & Cameron look like Canutes standing against the tide announcing things are okay.

The fact is that this ridiculous, reckless austerity is just killing things. We'd had a solid year of growth and now, before the cuts have even began to bite the economy is totally stalled.

Why take on the debt in one parliament? It's just ideology and ego.

Ed Miliband and Ed Balls have done superbly well in debunking the smoke and mirrors. I know there was very little Osborne could do but it seems clear to me that the Coalition are out of their depth, they bang on about the country's "credit card" or how "every housewife knows". We need a bolder more measured approach, instead we get this blind adherence to their small-government agenda and the devil take the hindmost.

John Maynard Keynes is probably a name Osborne has never heard of but people need to know that the country is functioning, dismantling the public sector, scrapping things like the EMA and raising VAT just tell everyone to batten down the hatches and wait for everything to blow over. Stagflation and mass unemployment loom large.

"It's hurting but it's not working"

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