It is all about economy! by Barbora Misakova

When you want my vote, you have to be careful what you say – this is probably like mass policy looks like, at least from perspective of politicians. Britain that has shortly before the polls has to face a massive budget deficit and questions in which spheres they could save bigger amount of money. None of the main parties have had courage to point and chose where the axe should fall so the truth will have to come out after the elections. Deficit projected to be 180 billion pounds by the end of this year is just too much and the question of spending cuts will have to be solved sooner or later. That’s why the suggestions where to save money should be put now, when! it’s still enough time to run away. But so far there is no party that would fully outlined exactly where the cuts will have to be done. According to deputy director of the Institute for Fiscal Studies, Carl Emmerson “people seem to think the cuts will be all about more efficiency and less waste”, but as he pointed out “the sums involved are far in excess of what efficiency measures alone could ever achieve.” It doesn’t matter who will be in government as the cuts will make people less well off and make public services less good. Labor Party, probably afraid of losing its power is promising “more than halve the deficit by 2014 through economic growth, fair taxes and cuts to lower-priority spending.” Well, well promises are here again, but how quickly will they disappear?

related story (sgx17163): http://www.france24.com/en/20100503-british-elector! ate-spen d...

by Barbora Misakova for Cantell TV (http://cantell.tv)

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