Solving Britain’s budget deficit
I was just reading this post over at SmEnigin; I fully agree with this post that Britain has encountered a ’no win'situation with regards to the new budget. If the government doesn’t make these changes then it is only going to delay the inevitable and risk putting the country in even more economic debt. As the government introduces these radical spending cuts, Britons are concerned about the future of their hospitals, their schools and other public services that will bear the brunt of dramatically reduced government spending.
The quote ’facing up to the hard truths'could not be a more realistic reflection of the reality of what this country is going to have to face up to. It was Labour’s radical overspending which led Britain into this predicament in the first place - their mistakes are now in the hands of the coalition who are now having to figure out a way forward in these very challenging times.
I also agree that the £55 billion cut from building schools is a serious concern. Politicians could easily find the same amount of money by taking away the overly-generous bonuses from those in the City of London who are partly reponsible for the economic crisis in the first place (with Wall St bearing the other responsibility). This is harmful for the future of our schools and for the future of our children - they should never have to suffer for our government’s mistakes.
I am in full agreement that energy efficiency is the way to move forward. In particular, the use of more energy-efficient public transport would also be helpful - however with trains and buses as unreliable as they are, it is no wonder so many Britons still prefer to travel by car.