|
December 20, 2011 12:05:45
Posted By vic farron
|
|
Without the working man, or woman a terrible thing happens: Nothing. What is the Government doing about it?
The Coalition say they will not spend their way out of this mess, but in actual fact they are spending their way into it. Debt if the growth forecasts are to be believed will be higher in 2015 when this government has gone, than when it took over.
The governments answer is more cuts which will put more people out of work, and increase government expenditure. The proposed increase in fuel duty of 4p per litre, would have fuelled inflation, and pushed prices higher, as well as pushing more businesses into liquidation. More people out of work, means more benefits to be paid out, less tax revenue, higher prices, higher inflation, and further tax rises and government borrowing.
We may not be in recession right now, but it certainly feels like it. Read More
Vic Farron RFT Express. . Tags: Will the Euro collapse? : What is a Coalition Government? : Correct Me
|

