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The PalArse of Westminster

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Exposing the hypocrisy, greed and incompetence of our "respected" elected political "elite".

Thursday 4 October 2018

The End of "Austerity"?


May will have to find at least an extra £20billion to spend on public services to fulfil her pledge that austerity is over, according to the head of the Institute for Fiscal Studies.

Paul Johnson said even that amount of additional funding “won’t feel particularly generous” and would almost certainly have to be found through borrowing because the Government would “really struggle to get tax rises through” Parliament.

Basically, Theresa May shrouded her "end of austerity" in the cloak of "a good Brexit".

The reality is that we have, at this stage, no way of knowing if there will be a "good Brexit" and what, exactly, she means by an end to "austerity".

May has no grounding/understanding in finance/economics so it is very doubtful that she understood what she mean either!

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