A further £25bn of spending cuts will be
needed after the next election, Chancellor George Osborne has warned.
He suggested making welfare savings by cutting housing benefit for
under-25s and restricting council housing for those earning over £65,000 a
year.
His comments about future cuts comes as he warns of a “year of hard
truths” in a speech in Birmingham.
Wait what’s going on here I thought that, well the
impression I was getting from various politicians before Christmas was that
things were on the up the economy was turning the corner and we would start
seeing proper growth again, instead of everyone in Westminster arguing over whether
the economy grew by 0.1% or not.
But clearly I was mistaken as less than a week into the
New Year and boom another round of massive spending cuts; clearly Osborne and
co weren’t visited by three ghosts during the holidays.
I distinctly remember that after the last big round
of spending cuts reading about how there wasn’t much room for manoeuvre if the government
wanted to make more cuts in future, but they’ve managed to wrangle another
£25bn so this tells me two things, one the economy isn’t anywhere near where we
are being told it is and two there’s plenty more things they can, and will, cut
despite the billions and billions already slashed from almost everything.
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