Cameron returns UK to Thatcher style painful spending cuts
Post date: Jun 7, 2010 10:01:24 AM
Comment: G20 meeting South Korea,
no Bank money transfer tax, means less Social for the
Citizens and higher tax for the Rich, or? innovation or what ?
The Answer: UK budget cuts for the Poor, no Tax for the Rich
The allmighty Banks get a second "Poor people bailout"
The Prime Minister said the new administration would be trying
to 'take people with us' as it embarks on its programme of cuts.
Baroness Thatcher is expected in Downing Street to meet Mr Cameron.
25% Budget cuts
Economists fear many government departments face
budget cuts of 25 per cent, the steepest since the
Second World War.
The 'inevitably painful' cuts programme could be felt for decades
Benefit freezes, further cuts in child tax credits, privatisations and below-
inflation pay rises for public sector workers are all expected.
Europe's debt problems could spread after Hungarian officials signalled
last Friday that the nation was at risk of a Greek-style fiscal crisis.
source: dailymail.co.uk
Prepare for years
of pain, Cameron