ConDem Economic policy.

So the ConDems have already shown their true colours. Their massive attack on public services, though unsurprising, are very worrying. Those in the know in local government say ,though it's to early to know the full extent of the cuts the early indication is that they are bad....very bad.

As usual the devil is in the details. The details hide transfer of responsibility for some benefits to the councils from central government, this transfer means cuts to local services of a lot more that the headline 26% over 4 years.

Even worse the ConDems seem to have no Economic policy other than cuts and a little wishful thinking. They seem to think that destroying public services will logically lead to economic growth. Despite the fact £82bn is going to be removed from the economy over the next 4 years. It seems the Tory economic policy is an idiotic parody of the South Park episode Gnomes.

1) Collect UnderpantsMake massive public sector cuts.
2) ??????????
3) ProfitEconomic Growth.

Let's hope that they are right, but in my eyes the Gnomes business plan was much more likely to succeed.


I intend to start a blog thread of CutsWatch where I will document the effects these cuts have on the economy in particular my local town.