"I am not a supporter of the coalition and think Osborne is taking a gamble on the private sector's ability to find employment for lots and lots of public sector workers."

It is a big gamble, as firstly we are yet to see the knock-on effect where the private sector loses substantial revenue from public sector contracts, and secondly, if private sector enterprises do manage to expand, there is no regulatory system to ensure that the workforce expansion will be in UK, but outsourced overseas.

That is in part driven by price sensitivity in the textile and consumer goods market.

My fear is that any economic recovery that happens in the future will largely profit capitalists, and the rich/poor divide will become greater over the next 5-10 years irrespective of who wins th enext general election.