Austerity as a political choice

If you ever doubted the claim that Austerity is a political decision, remember that the government spent £250 billion to play the money markets after the decision was announced – in theory to ‘stabilise it’.  Most of this went into the speculators hands, who just love political insecurity as there’s money to be made. 

£250 billion would pay for a lot of disability living allowance, libraries, social care, uni fees and anything else you can think of that has had funding cut or reduced because “we can’t afford it”. 

Osborne has now abandoned the government’s 2020 budget surplus target and is blaming Brexit when it’s been obvious for a long time that it was never achievable under their current policies. They’re just not financially competent.  Anyone who believes they are is either making money from their incompetence or is not paying attention.