Tuesday 28 May 2013

Osborne promises £11.5 Billion savings for 2015...

A penny off a pint of beer, fuel duty rise is scrapped, 'a tax off jobs' as small businesses are to be given help with employment allowance, income tax threshold to rise to £10,000 and Mr Osborne is promising savings of £11.5 Billion...



Where is the money coming from?

 George Osborne on BBC Breakfast this morning sits there with poker face while he promises us a saving of £11.5 Billion. This is very conveniently set for 2015 (after the next general election). It sounds to me like a lot of hot air. He promises to protect the NHS and school budgets. Guess what? He never mentioned the un-employed.

  Where is the money coming from, Mr Osborne? 

The Office for Budget Responsibility are projecting rises in the country's GDP over the next 2 years. 1.8% and 2.3% respectively with a further rise to 2.7% and 2.8% in the years 2016 and 2017. they're also predicting a rise in employment with over 1/2 million jobs more than last year. Borrowing to fall and inflation meeting the 2%. All of this looks very promising on paper but that is all it is-predictions on paper. I did not hear any facts to back up these claims. He may as well have said that the second coming will be here to bring an end to poverty worldwide.

What do you take us for, Mr Osborne?

 Name dropping support from key members of the cabinet: Eric Pickles, Ed Davey and Chris Grayling is not enough to convince me that you're not feeding me with a last minute bid to win fast losing votes. This is what I believe the chancellor is doing. He is on a mission to repair the damage of the last 3 years of harmful quick plaster fixes. The government are desperate for money and they're covering this up with outlandish claims of recovery. Why else would they consider lifting the arms embargo on Syria? They say that its to arm the opposition to Assad. I didn't know you cared?

Read more on the BBC News Report here

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