A Glance From Outside

Only when a disgrace happens close to us we fear it. Ireland is reassuring us that savage cuts is not the answer for recovery. Mr. Osborne miraculously found £ 7 billion to give away to Ireland. Well, he made me believe that we were broke ! This is once again an evidence that our public finances are not so bad as they would like us to believe. Ireland followed Mr. Osborne’s draconian policies of exaggerated cuts. That's the result, a country is in deep recession which will last for generations. Mr. Osborne is now desperate to save Ireland, not because he has a natural good will to help but rather he is facing a failure of his own policy at our door step. As a taxpayer, I am not happy to have my money being sent abroad to help another nation while there are many issues over here to be solved: Unemployment, unaffordable housing, NHS waiting times increase, 40k less police officers, shocking energy bills etc.  "Britain never had it so good". Are you sure Lord Young ?

28/9/2010 12:47 PM BST The IMF backs any government plan from any country that essentially cuts spending, jobs and investments. It does not mean that these uncontrolled cuts will help Britain. Look at Brazil, for example. A decade ago they said a big NO to IMF draconian policies and instead of cutting jobs and services, they enlarged their economy by creating jobs, a tougher fiscal policy that sends tax evaders to prison, increasing the national minimum wage, and expanding the social welfare. Brazil's economy is in so good health with 7% grows per year and the lowest unemployment rate in history. Also they afford the luxury to lend money to other South American countries. This is a result of a centre left policy that puts people first, that makes capitalism work for people, not the other around. Perhaps Mr. Osborne should learn some lessons from them as he is driving the UK economy to a profound retraction that it will take generations to recover. Latest Poll: Torie