have very mixed views on yesterday's cuts
basically, Gordon swelled the state payroll thinking (or at least deceiving people into thinking) the good times would last forever and basically he never acknowledged somebody was going to eventually have to pay for it. He encouraged a culture of debt from grassroots up. The danger signs were there long before the banking crisis. Similar story all over Europe, cushy jobs suddenly no longer sustainable and those demos are the angry sounds of vested interests defending their turf.
Having dealt with bored police clerks, being manhandled by council stewards at public events, been ignored by noise prevention officers, and been haraased by council noise pollution officers, and been sneered at by CSA telephone operators, all I can say is tough titties, really. My sympathy for those people is something close to zilch.
However, Gideon went TOO far and attacking innocent people at the very bottom eg the disabled who can't work is downright immoral
These people I have massive sympathy for
as for council tax, that's going to be chaotic - I only hope my single person's discount is safe?
Now should he have 'eaten the rich' ? whilst this seems the obvious answer, I'm not sure it would work, a/there still wouldn't be enough cash and b/you probably wouldn't see any of it, chasing the rich out of town. The population of the caymen islands would swell overnight... 70s keith richards stylee... maybe I don't know enough about economics but I would rather see the rich paying crumbs than not paying anything at all
did they chicken out on Trident? my guess is that Cameron was caught between the Libs and the hard right of his party, which is why he kicked the decision into touch. At some point, that will be the biggest decision any British PM has taken for YEARS. Not just the financials, but psychologically it would finally kill off Britain as a world player. Hence the lingering denial... we are not a big player anymore, in fact the whole of Europe is struggling to adapt to the migration of wealth to the emerging markets - China, India, Brazil and this CORRECTION of the national economies is long overdue
so I don't necessarily see it as "Thatcher - the next generation" even though some of the cuts are undoubtedly nasty - I see it as a pretty desperate and pretty cack-handed response to simply having not having that much in the coffers anymore, and more disturbingly still, not many people have many ideas about how to refill those coffers... the cuts could have been phased in more gently and at higher income groups but ultimately the state isn't affordable with an ageing population and simply less wealth being generated. Something had to give..
hold tight, those cuts are going to be brutal, and god knows what social chaos will ensue when the reality kicks in.
Poll tax riots round II? maybe - will be an interesting test of whether the x-factor generation is totally apathetic and whether there is still any fire in the belly
however you look at it, depressing times indeed