Lyrics & Knowledge Personal Pages Record Shop Auction Links Radio & Media Kids Membership Help
The Mudcat Cafesj

User Name Thread Name Subject Posted
mandotim BS: Spending Cuts UK - The Thread (249* d) RE: BS: Spending Cuts UK - The Thread 22 Oct 10

Latest estimates are that 750,000 public sector jobs will go, with no visible expansion in the private sector to absorb them. This means a huge increase in the total benefit payed out, thereby defeating the object of the cuts. Add in redundancy costs and the removal of capital investment, and this looks like a recipe for severe deflation. Yes, the moral case for these cuts stinks to high heaven; but the economic case is equally ludicrous.
As I said above, the thing that really bothers me about this whole situation is the apportioning of blame to the utterly blameless; it isn't the fault of people on benefit, legitimate or otherwise, that we are in this mess. It's a bunch of rich, incompetent gamblers who are still trousering vast bonuses depite their abject failures.

Post to this Thread -

Back to the Main Forum Page

By clicking on the User Name, you will requery the forum for that user. You will see everything that he or she has posted with that Mudcat name.

By clicking on the Thread Name, you will be sent to the Forum on that thread as if you selected it from the main Mudcat Forum page.
   * Click on the linked number with * to view the thread split into pages (click "d" for chronologically descending).

By clicking on the Subject, you will also go to the thread as if you selected it from the original Forum page, but also go directly to that particular message.

By clicking on the Date (Posted), you will dig out every message posted that day.

Try it all, you will see.