Wednesday, June 23, 2010

Public Services face Cuts - Biggest SINCE 1945

Telegraph: Reports that in real terms due to the cut in business taxes and the protection of the NHS, International Aid, Defence and Education other Government Departments face a cut of between 25% and 33%. Lets be honest here folks, people will be thrown on the dole, the State can not be the major employer within the economy. The last thirteen years of Labour under Blair and Brown have seen a massive Government spend at the cost of sending the UK economy in to the toilet. Thus in the Emergency Budget we have seen the need for the Coalition Government to raise VAT from 17.5% to 20%, Capital Gains Tax from 18% to 28%, to freeze pay in the public sector for those earning over 21,000 and to freeze child benefit for three years at its present rate. But as the Chancellor stated in the Budget cuts would be 77% in public spending cuts and 23 in taxes, thus the real blood on the carpet will be when the various Ministers make their away to the Treasury to get money and are lucky to leave in the clothes they are wearing. All the misery folks is not all Labour folks, it OUR fault, we wanted something for nothing, well those days are over folks, its AUSTERITY UK folks.

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