{"id":2363,"date":"2014-12-02T12:30:35","date_gmt":"2014-12-02T12:30:35","guid":{"rendered":"http:\/\/unitelive.org\/?p=2363"},"modified":"2014-12-03T16:10:21","modified_gmt":"2014-12-03T16:10:21","slug":"target-osborne-keeps-shooting-economy","status":"publish","type":"post","link":"https:\/\/unitelive.test.igniteamt.com\/?p=2363","title":{"rendered":"Off-target Osborne keeps shooting down the economy"},"content":{"rendered":"
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Will the Autumn Statement come clean about the coalition\u00e2\u20ac\u2122s failure on deficit and debt or keep going down the path of austerity?<\/em><\/p>\n

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To keep doing the same thing but expecting a different result is said to be pointless or even insane. If so what George Osborne will unveil in the Autumn Statement on Wednesday is stark raving bonkers.
\nSure, he will raid the piggy bank for some money. He may whisk some money out of thin air, or do the Treasury equivalent of raiding the gas meter.
\nSo, these are, for us the real questions the Coalition has to answer this week:
\nWhy have you have failed to meet your deficit and Government debt targets?<\/strong>
\nWhen will the squeeze on real wages end and when will work begin to pay in coalition Britain?<\/strong>
\nWhat is your plan to bring the NHS back from the brink of collapse? And crisis money from the petty cash won\u00e2\u20ac\u2122t cut it.<\/strong>
\nWhat\u00e2\u20ac\u2122s your plan to deal with the chronic and growing housing shortage?<\/strong>
\nWhy does the coalition insist on \u00c2\u014148 billion more cuts and the creation of permanent austerity?<\/strong>
\nWe will see if there are any answers.
\nBut prepare for the spin and the funny money on Wednesday. It’s started already with the \u00c2\u01412 billion “extra” for the NHS.<\/p>\n

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That money appears to have been laundered on the Treasury’s full spin cycle. Expect more laundered money to still be wet on Wednesday despite full use of Treasury tumble dryers.<\/p>\n

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This is because the Coalition has only two items on its agenda. March 30 next year when Parliament is dissolved and the general election formally starts.
\nThen polling day itself on May 7 when the coalition faces the music.
\nAfter nearly five years of punishing austerity Osborne\u00e2\u20ac\u2122s ConDems promised the budget deficit would be gone. It was the whole point of the coalition.
\nGovernment debt would also be under control. We were all in it together, and the pains would be worth the gains.
\nWe\u00e2\u20ac\u2122ve all seen the pain of public sector cuts, job losses and the greatest squeeze on the standard of living since Gladstone was in Number 10. Job creation has often been minimum wage alongside zero or reduced hours contracts with bosses pointing their staff towards top ups from in-work benefits.
\nAnd the gains are nowhere. The budget deficit is not only still there, it is growing. Government debt is up, not down.
\nNo one knows what they\u00e2\u20ac\u2122re on at the Treasury, which keeps claiming the plan is on target. It isn\u00e2\u20ac\u2122t.
\nSome estimates suggest economic growth might be up to 3% a year. If that was feeding through to ordinary households we should be basking in a bit of economic sunshine.<\/p>\n

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But instead Coalition austerity still has us in its icy grip. If there is growth it has no warm glow for most of us.<\/p>\n

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Osborne\u00e2\u20ac\u2122s prescription doesn\u00e2\u20ac\u2122t work and it won\u00e2\u20ac\u2122t work. Already Cameron is warning of troubles ahead in the world economy just in case the plan goes even more pear-shaped next year.<\/p>\n

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On Wednesday the Coalition will dish out all sorts of targets. They don\u00e2\u20ac\u2122t matter because they are fantasy.
\nOsborne\u00e2\u20ac\u2122s track record shows he can\u00e2\u20ac\u2122t hit a cow\u00e2\u20ac\u2122s backside with a large frying pan from 2 feet let alone hit any of his own key targets.
\nThere is different future. And it isn\u00e2\u20ac\u2122t based on the principle that it\u00e2\u20ac\u2122s all pain and no gain. Another \u00c2\u014148 billion in cuts still won\u00e2\u20ac\u2122t work.
\nWe can work our way out of the current problems. But we can\u00e2\u20ac\u2122t cut our way out of them.<\/p>\n

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 <\/p>\n","protected":false},"excerpt":{"rendered":"

Will the Autumn Statement come clean about the coalition\u00e2\u20ac\u2122s failure on deficit and debt or keep going down the path of austerity?     To keep doing the same thing but expecting a different result is said to be pointless or even insane. If so what George Osborne will unveil in the Autumn Statement on […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[17],"tags":[76,168,169,44],"wps_subtitle":"","_links":{"self":[{"href":"https:\/\/unitelive.test.igniteamt.com\/index.php?rest_route=\/wp\/v2\/posts\/2363"}],"collection":[{"href":"https:\/\/unitelive.test.igniteamt.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/unitelive.test.igniteamt.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/unitelive.test.igniteamt.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/unitelive.test.igniteamt.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2363"}],"version-history":[{"count":3,"href":"https:\/\/unitelive.test.igniteamt.com\/index.php?rest_route=\/wp\/v2\/posts\/2363\/revisions"}],"predecessor-version":[{"id":2398,"href":"https:\/\/unitelive.test.igniteamt.com\/index.php?rest_route=\/wp\/v2\/posts\/2363\/revisions\/2398"}],"wp:attachment":[{"href":"https:\/\/unitelive.test.igniteamt.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2363"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/unitelive.test.igniteamt.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2363"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/unitelive.test.igniteamt.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2363"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}