Economically speaking, the policies which the Tories have implemented have led to the double dip recession. When you cut government spending, your overall aggregate demand falls, which is a main contributor of GDP, in the UK, that's 70% of your economy. When George Osborne goes on about how cutting the deficit won't hinder economic growth, he's either lying or is too incompetent to see it. Cutting jobs within the public sector leads to a reduction in people in jobs, which means a reduction in tax revenue and a rise in the welfare bill. It's no wonder it's projected he'll have to borrow an extra £20 bn this year alone just to cope with that very issue. I'm not picking sides, both parties are just as bad as each other, but it's common sense. Maybe Osborne should consider buying an economics handbook before he's finished ruining it.
Last edited by amyelizabeth2681; 25-07-2012 at 01:21.
The country can't rely on the public sector because you can't have more people taking out of the economy than you have putting in. Private companies put in public takes out. The only people that think otherwise are socialists and trade union members aka communists who have their own agendas. You can't increase jobs in the public sector and not have as many people working in the private sector why do you think no other country in the world has done it. Also the people in this country don't want that as theirs a few parties who advocate it and we always vote opposite such as Tory, Bnp, ukip or labour who all cut spending.
Last edited by The_Great_One; 25-07-2012 at 09:27.