A fair and progressive budget?

leave a comment »

I was saddened, but not surprised to read yesterday’s Observer article; ‘George Osborne’s budget cuts will hit Britain’s poorest families six times harder than the richest’ which states that

The impact of George Osborne‘s emergency budget on the poor has been revealed in a study that finds the country’s least well-off families face cuts equivalent to 21.7% of their household income. That means they will be hit six times harder than the very richest by the coalition’s deficit-cutting measures.

I understand that this country is heavily in debt, and that the government needs to make cuts in order to repay the deficit, however, I fail to see the so called ‘fairness’ of this austerity budget.  After all, wasn’t the recession itself exacerbated by the wealthy banks?

The poorest in our communities struggle as it is.  The announced cuts to benefits (yes, a three year ‘freeze’ in Child Benefit does count as a ‘cut’ in real terms), cuts to public services (on which those poorest in the community rely on heavily), rising joblessness and VAT rises will only serve to increase the rich / poor divide.  And while the rise in income tax allowance is a welcome, I can’t help but feel this is a very small carrot compared to a very big and brutal stick.

Meanwhile 23 of the 29 new cabinet members are millionaires

Fair and progressive?  I fail to see this myself.

As someone says in the comments section of the above Guardian article “This budget will cause misery for many least able to bear the burden”.


Written by Lores

June 29, 2010 at 2:55 pm

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

%d bloggers like this: