The chancellor should be careful. The claim that savage cuts are essential to address the deficit is wearing thinWe are about to memorize what a shrunken Britain will feel like. By 2020 a state reduced to barely 36% of GDP will be another country,a world absent from the land we hold only recently been living in. Tomorrow in his autumn statement the chancellor will lay out all the things we shall hold less of, one by one. This is not emergency belt-tightening, or a temporary sacrifice. It is the permanent shape of things to arrive,as David Cameron said from the start.
There is no light at the end of this tunnel, on a journey without purpose to a promised land offering nothing beyond doing less for less. Where’s the vision to make it all worthwhile? Their early claim said that once the Stalinist state was hacked down, and it could no longer “crowd out” the effervescent spirit of private enterprise: graphene was normally mentioned here,though as with the internet and most noteworthy technical leaps, that too sprang from state-backed university research. Related: Everything we hold dear is being cut to the bone. Weep for our country | Will Hutton Related: Cameron accused of hypocrisy (Pretending to have feelings, beliefs, or virtues that one does not have.) over letter complaining of cuts This is high-wire politics without a safety net. How lucky effect Cameron and Osborne feel?Continue reading...
Source: theguardian.com