U.K. Breaking the Social Contract Set’s it Back to Post-WWII*

Some very interesting points put forward in this blog. Worth a read!

Hwaairfan's Blog

U.K. Breaking the Social Contract Set’s it Back to Post-WWII*

Under Coalition plans, “day to day spending on public services… (will be at) It’s smallest share of national income since 1948”.  George Osborne’s 2013 Autumn Statement on spending plans for the UK government consisted of 7,025 words and took 50 minutes to read – but could have been summed up by that one line in the report of the government’s fiscal watchdog, the Office for Budget Responsibility.

On arrival in government, the Conservative section of the Coalition government were keen to present austerity as temporary, necessary and purely practical.  Back in 2010, Cameron claimed that he “didn’t come into politics to make cuts”, and that austerity was simply temporary spending restraint based on a necessary effort to cut the deficit, not “some ideological zeal”.

In 2013, ‘Austerity’ is delivering the half century long ambition of the Conservative party:  to revoke…

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