David Cameron says that there will be “difficult decisions” on pay, pensions and benefits. He says that there will be “painful” cuts ahead, but that in dealing with the deficit “our whole way of life” will be affected but not in a way that hits the vulnerable or “divides the country”. Pull the other one, Dave. Already cuts are being announced in services for vulnerable people in Brighton and in East Sussex. Council funding from central government has been cut. These cuts are being passed on to the poor and vulnerable.
I haven’t used illustrations in this blog before (other than the almost photographic likeness of me). But this cartoon from the Great Depression, reflects to a certain extent what I think will happen over the next few years. The mantra will be that there will be ‘pain for everyone’, ‘We will all be in this together’. and that ‘There must be equality of sacrifice’.
My only disagreement with this cartoon (apart from the gender limitations – in my last post I said low paid women will suffer the most) is that I think the rich and the very rich will benefit from the shock and awe approach planned by Cameron, Osborne and Clegg. They are true class warriors, disciples of Milton Friedman, and they will look after their own, the rich and the very rich.
Filed under: Capitalism, Economy, Politics | Tagged: budget deficit, cuts, David Cameron, Economy, George Osborne, Milton Friedman, Nick Clegg | 3 Comments »