Cuts Needed. Were, and by Who? Britains Economy

by Bunk | September 14, 2009 at 09:06 am
114 views | 4 Recommendations | 0 comments

The battle for the public sector is on, and with it maybe victory at the next general election. 175bn budget defect can not be allowed to grow any bigger.

The invesment, and sitmulus packages that Labour introduced, is helping us right now out of the recession, and probably stopped a depression from happening. The investment that they have poured into public services such as education, and health has made massive differences to the lives of people in Britain. When the times were good Labour invested. This will always show on their record. Were as most likely the Conservatives would have cut taxes and services.

There is real hard chooses right now to be made in Britain. Their is no doubt that cuts have to be made. But were, by whom, and when? These are the questions we need answers from Labour and Conservatives now on. It looks as if Britain is emerging from the recession. What action is going to be taken to cut down the defect, and sure up the economy?

The Conservatives or the last couple of weeks have said they would be more hawkish with public's money. This seems to have gone down well with the electorate. Labour in turn has responded with saying major projects are under review, such as ID cards, and Trident. As well as saying they would be the best to cut, but still maintain front line services.

So who can deliver  front line services, and the necessary cuts? Over the last couple of weeks the Conservatives have been given a far easier ride then Labour. David Cameron's speaks two weeks ago about freezing MP's wages, and cutting their number's, as if that was a cure for the defect and a way out of the recession , was greeted warmly in the media. It was a piece of fluff. But the Conservatives are looking most likely to take the next election at the moment. So fluff is news.

Tough chooses are going to have to be made in the coming year, whoever is in power. The Conservatives have promised to keep the front line services working, but have not shown how, and have a record of being reckless with cuts. Labour over the last the last 12 years have built back up the public sector to a far greater standard then ever before. Could they bear to cut some of it? Would the political fallout be too great? Tough, tough chooses. It is possible though. Canada clawed back a massive defect in a mere four years. A important time for the future of Britain is coming. Who leads us through it, could define Britain, for far longer.

Labour must deal with the recession by not losing its "nerve" over public spending, Lord Mandelson has said.

In a speech in London, the business secretary urged the party to be like "insurgents who are restless with the status quo, not incumbents".

The Conservatives have accused the government of "reckless" spending, but Lord Mandelson said Labour was not "oblivious to economic conditions".

He added that party was now the underdog but would "fight back".

His speech at the London School of Economics came amid debate about how the government is aiming to halve its budget deficit - expected to reach £175bn this year - within four years.


The level of public spending looks set to be a major issue in the run-up to the next general election.

The Tories say it must be reduced now to cut government debt, while Labour says the Conservatives' attitude would damage frontline public services. The Lib Dems say "big ticket" items need to be rethought.

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mudricky
First Flagged at 9:24 AM, Sep 14, 2009 by mudricky

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