Small break
Now thats over with back to business. In my absence there have been mega spending cuts, talks of further cuts to things like incapacity benfits and an immigration cap. Some good, some bad, some expected and some unexpected. The worrying thing is that the immigration cap seems like a publicity stunt to please the masses and the spending cuts are far more deeper and hurtful than what was mentioned during the election campaign.
There is no question that cuts had to come, but to put up VAT at the same time is surely in basic economics counter productive. The political elite have clearly prove themselves to be out of touch with the general population. To quote the refined anarchist Oscar Wilde, 'These are men who know the price of everything, but the value of nothing'.
Labels: economics, elite, england, fabio, immigration, money, oscar, tournament, VAT, wilde