The Institute of Fiscal Studies has noted that Labour's recent Budget, heralds a round of significant cuts in public services by Gordon Brown's Government. Fraser Nelson, a distinguished journalist, notes that Labour are planning 7.6% cuts in real term spending. In fact spending will be halved from £44 billion in 2009-10 to £22 billion in 2013-14. Labour's decision to reduce spending on public services is all the more extraordinary, since their main attack on Conservatives has always been that Tories will reduce spending on public services!
No comments:
Post a Comment