Saturday, May 21, 2011

Time of Pain for the UK = Business Secretary Cable

Guardian: Reports on its interview with the Business Secretary Vince Cable, Mr Cable has stated that the UK will have to go through pain to reform its economy. On this issue Mr Cable is correct, the cuts that the Coalition Government has bought in is due to the reckless spending under Tony Blair and Gordon Brown, the public sector is not a business, it cant make a profit, after the near banking collapse of 2008 the UK is broke, it cant afford the drunken spending of Labour. The Labour Party under “ Red ” Ed Miliband is still in denial about its own responsibility for the failure of the UK economy, thus its failure in the Council Elections in Southern England, the UK voter is not thick, he or she knows the goods days are over, its hard and painful times, just look at Greece, Portugal and Ireland, that is a route the UK does not want to go down again, we have done that and got the t -shirt in the 1970s. On this Mr Cable is right, its hard time ahead folks.

No comments: