BBC News: Reports on a Guardian article that states that UK Treasury thinks that up to 1.3 million people will lose their jobs due to the Budget Cuts. At the end of the day the UK can not have an effective economy if employment comes direct or indirect from the Government, the private sector has to grow, the private sector should be the force for the creation of jobs. The last Labour Government threw money at the public sector, one can postulate that it was more do with politics than ideological agenda, more public sector more votes for the Labour Party. The problem with this theory is that it only works as long as the economy is going great, if not then we are on the road to Cuba or the old USSR. The Budget will hurt folks, then good, tough medicine for a better tomorrow.
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