Now you could argue that the debt isn’t that big a deal, if we continue to cut the deficit with a stronger economy or small cuts then our country will be alright. I don’t believe this. Even if this model was economically sound, which it’s not, it would be totally destroyed when Labour comes back into power. Sadly they will do some time in the future, as they will borrow more and more till bankruptcy.
So where would I cut alternately. Well I’d leave the EU so that’s a big chunk, foreign aid would virtually all go, HS2 would be gone, I’d privatise many services like bin collection and that’s just to start. We seriously need to examine the amount the welfare takes up. I’d also switch the NHS to focus dramatically to prevention, which is much cheaper and more effective than cure. The government has committed itself to a rise in the NHS budget this parliament and it has carried it out. But my own personal view is that such a policy may be unsustainable and should be re-examined in 2015. Benefits wise there should be a reduction virtually everywhere with a lower benefits cap to minimum wage level.
We seriously need to decide what government does otherwise we’ll never escape from the austerity.