The Economy

[DVL418]

RE: The Economy

(25/10/2012 13:49)wirralbus Wrote:  Whom ever is Chancellor be it Conservative , Liberal or Labour will have the same problems to try and stimulate the Economy .

Er, not quite!

Osbourne is the ONLY European finance minister NOT balancing cuts to public expenditure with increasing taxation on the wealthiest 10% of residents (he has actually CUT their tax liability by 10%), even though the majority of them in the UK can afford to use accountancy smoke & mirrors to 'avoid' paying anything like the tax the should be doing.

Instead, he is behaving like King Canute and persists on insisting that funding for public services is butchered - even though he is already having to BORROW nearly 50% more money than he promised in 2010, just to pay the growing benefits bill as more and more people have to rely on in work benefits (not those signing-on) because their wages/hours have been cut and they are having to claim housing and council tax benefits etc to to keep a roof over their heads - why should these families suffer whilst the riches 10% get to keep MORE of their money?