Friday, May 28, 2010

Spain and Italy make CUTS

Telegraph: Reports on the Spanish cuts of 15 Billion Euros and those of Italy of 24 Billion Euros. These countries have taken real steps to cut their debt, in the UK the Coalition Government has started with 6.2 Billion cuts in public spending, but this is very symbolic, the Emergency Budget in June will see ever more painful cuts, the good times are over in the UK folks, its back to the drab years of the 1950s, 70s and early 1980s. The Labour Party has really wrecked the UK economy, but they have no shame, just like with Iraq.

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