I have just finished watching Question Time tonight (17th Feb), and yet again, the Government showed their real concerns. It must always be about cutting the deficit, as this will apparently cause growth on its own. Yes, as Yvette Cooper said (or tried to say), of course the deficit went up as the economy needed supporting (otherwise it wold have been our retail banking sector that collapsed, taking the high street and businesses with it). Yes, of course it needs to be reduced, but why eradicate it so brutally? The US did not respond so quickly to support their own systems as we did, and now they have been trying to play catch up. Their deficit is currently around the $1 trillion mark, what is that as a % of GDP please Vince?
And one last thing (to be dealt with in more detail in a later post, when I'm not so tired). Vince Cable spoke in praise of Lansley's NHS reforms, on the same day that two major South London hospitals announced cuts of around 500 jobs each.
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