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Originally Posted by Mancie
Well that's all very nice and lovely I'm sure.. whatever the Sun said we have never been in the same situation as Portugal or Greece.. the real facts are that this country was coming out of a world wide slump when the condems took power.
To think the IMF outlook was positive is a joke.. the IMF only made it clear that this governments economic policey would lead to slow or even negative growth.. and for Andrew to say that 0.2 growth is some sort of positive is typical party propaganda... the fact is we are closing down small business by making more people unemployed who would have used those businesses.. transfering invalids and the sick onto the JSA and at the same time cutting the staff at Job Centres.. cutting nurses by up to 30,000 in the next 5 years .. cutting the police by 17,000 and it goes on.
This government can, with some honesty say they were left with a bad economy.. but the way they go about things are just basic tory policies from long back.. cut jobs, benifits, living standards and hope it turns out in the end!
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Originally Posted by Financial Times
In an unusually positive annual health check on the economy, the IMF lauded the government’s bold £128bn strategy to eliminate the deficit within five years, saying it ”greatly reduces the risk of a costly loss of confidence in fiscal sustainability and will help rebalance the economy”.
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That was shortly after the Government announced its deficit reduction plans. The stance hasn't changed since.
Without the a proper plan to reduce the deficit we would follow Greece. Interest rates would be higher and as a result growth would be less; more businesses would go under finding borrowing costs too high; people would struggle to pay mortgages; the Government would pay even more money to bankers in interest payments instead of spending on health and schools.
You say the Government are cutting nurses in the NHS by up to 30,000. Yet you'd rather support the previous government who did not ring fence NHS spending at all - they would have slashed it. The fact is that, despite inheriting an economy in dire states, the coalition have delivered 2,500 more doctors in the NHS, 200 more nurses and 3,500 fewer managers.
The Government might well be reducing jobs in the public sector. Over the last year 143,000 public sector jobs went. 520,000 private sector ones were created in their place.
I disagree with the Coalition on many things but they are right to reduce state spending. Government cannot go on spending more hard earned taxpayers money than it gets in. It's not sustainable and it just leaves future generations less policy making choice and makes them pay it all back on our behalf.