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Location: United Kingdom

Tuesday, 3 April 2012

BEHIND THE FACADE.

A comment in this morning's press sums up the theme projected in these blogs. In the recent Budget, why on earth didn't the Chancellor deliver the following brief message? "We are flat broke and will remain so for some years to come". The words were written by Kelvin Mackenzie. Readers will note from earlier postings, that all the Government is doing is passing the debt around. We refer to it as 'smoke and mirrors' accountancy.

Unfortunately, the Coalition has already wasted two years by pretending to be tough, without more than scratching the surface of the mega million debt 'black hole'. Hundreds of thousands of  'non-jobs' have to go. There are endless people being paid very good salaries by taxpayer GB, hoping to retire at sixty years of age, and striking if they can't.

Let us repeat here that daunting figure of the total amount of debt, which George Osborne should have admitted in his first budget in 2010, £4.8 trillion. The figure was outlined in Martin Durkin's television documentary 'Britain's Trillion Pound Horror Story', later that year. In not pointing this fact out, he is leaving the current regime 'wide open' for the blame, which we know to be the Brown years of mishandling a bouyant economy so badly.


NAIVETE WILL NOT BE AN EXCUSE.

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