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Austerity, Budget 2014, Coalition, david cameron, Distant Echoes, Ed Miliband, Food banks, George Osborne, Nayab Chohan, NayabChohan, NayabChohanLIVE, News, Politics πΌ π³ πͺ, Template News, UK
TEMPLATE ANALYSIS
George Osborne’s budget for the year 2014 was a clear attempt by the Conservative Party to shore up its core voters –Β the old and the rich who have been largely shielded as the county has suffered under the weight of austerity.
But there was no real attempt to help those who have been hit by the 40 per cent rate of tax,Β the very people that championed Thatcher and her reforms.
The Chancellor fears that they will move to UKIP during the next general election yet his budget did little to redress the central problem of the tax rates –Β that middle England is paying the same rate as the very richest,Β and all the while the level of debt this country owes has remained largely the same.
Even the news that the level of personal allowance is to be raised above Β£10 000 has a sting in its tail – it could mean a rise in temporary work.
That on top of of the few pence that were recently added on the minimum wage means that there was little to help the little man.
More than this Osborne’s demeanour and PR statements talking up how well he has handled the economy show that this is a party and coalition government that has lost touch.
All they need to do is take a walk down any street in any town. And they will see Britain isn’t breathing, it’s suffocating under a failed economic programme.