UK Politics

[steviewevie]

No return to austerity.

Phew.

[steviewevie]

Everyone keeps going on about austerity...and actual definition is described as:

 

austerity, a set of economic policies, usually consisting of tax increases, spending cuts, or a combination of the two, used by governments to reduce budget deficits. Austerity measures can in principle be used at any time when there is concern about government expenditures exceeding government revenues

so tax rises would be austerity too?

 

[MilkyJoe]

42 minutes ago, steviewevie said:

 

This reply nails it though!😂

 

[steviewevie]

Ok...this speech is kind of positive. There will likely be departmental cuts and tax rises, but also she is talking about investing and growth and jobs and stuff. If that growth doesn't happen then they're hosed, but they're going to have a crack at it.

They're probably regretting that winter fuel means testing decision, but hey ho.

[steviewevie]