SMILING CARCASS'S TWO-PENNETH

Commenting on social, political, economic and general topics

THE DEFICIT MUST BE TACKLED- BUT NOT BY US!

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I have just watched the director of the CBI and some other business noteworthy on BBC Breakfast. I wasn’t taking much notice until I heard them say that an incoming government must tackle the deficit immediately, not next year like New Labour wanted, but then said that spending by bodies such as the NHS should not be restricted because small business relies on this and many might go to the wall
So they want the deficit tackled but don’t want public funding cut in a way that affects them. Just the sort of thinking that got us into this mess. And where do they think cuts will be made? Benefits and hike taxes, but only for the workforce?
Without a doubt we will be made to pay for the bankers mistakes. I’m not happy about it, but unless there are riots in the streets as we have seen in Greece, it’s going to happen. But I am damned sure that the businesses and banks should pay proportionate to their income and maybe more as a financial penalty.

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Written by Smiling Carcass

10/05/2010 at 8:22 AM

Posted in deficit, finance, Politics

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