FootballFan said:
Has to be done to combat massive fiscal failings of the last government. Many jobs will be lost but I think the coalition has got a lot of support as the general public realise the hole that we need to find a way out of before it gets too late. As the Liberal Democrats support is leaving it is going mostly to Labour and partially to the Conservatives....seems like we are back to the two party politics that it has and most likely will always be. At the present time I think Conservatives could win an election but as you rightly stated people (always) go against current governments and think the grass is always greener... |
it's also the risks that the extreme measures the coalition are taking. We've been warned by the IMF and the US on the risks of cutting too quickly (and the IMF have never been particularly leanient on counties with large deficits!).
The IMF recommend that countries with large deficits cut gradually over a 15 year period to reduce risks of economic collapse and knock on problems, but the coalition are demanding on cutting over 5 years. Even conservative estimates show enemployment rates staying pretty stable over the next 5 years because of the measures, while other estimimates show unemployment rates going up by 1.3 million, giving us the amongst the highest unemployment rates in europe.
That's a hell of a lot more people relying on the state and not contributing.
30% cut in public services, a 30% cut in policing, a 30% cut in voluntary and charity sector, 40% in councils. If we do end up in a double dip, there will be nothing to fall back on to pick up the peices, that's the worrying thing.
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