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kalifire
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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?

 

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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.

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The reality is that this Labour govt are fiscal conservatives and are thus ideologically committed to their proposals.

 

They had no problem u turning on everything else, particularly anything to the left of the current position. The steadfast commitment to cuts + no tax rises is an exception. Which should tell you everything. Other policies fine to u-turn on to ’get into power’, this not possible to u-turn on because…? Its what they want.

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5 minutes ago, mattiloy said:

The reality is that this Labour govt are fiscal conservatives and are thus ideologically committed to their proposals.

 

They had no problem u turning on everything else, particularly anything to the left of the current position. The steadfast commitment to cuts + no tax rises is an exception. Which should tell you everything. Other policies fine to u-turn on to ’get into power’, this not possible to u-turn on because…? Its what they want.

no tax rises for "working people", and no return to austerity.

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