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Staring into the abyss..
This country will face five more years of cut backs – otherwise known as austerity. It will mean that when the coalition government runs for re-election in 2015, they will do so with the promise that there will two more years of “tough choices” before the deficit will be eliminated.
During this time, the axe will fall on 700, 000 public sector jobs, so taking the number of jobless past the three million mark – already over one million of our young people have little prospect of finding a job in the current challenging climate.
Last night, Danny Alexander, chief secretary to the Treasury, informed Newsnight that the Lib Dems were right behind the plan for more cuts.
The opposition says the cuts are too fast.
They are right – the social consequences of the planned austerity measures are horrendous, which is something that the young, well heeled George Osbourne does not seemed to factored into his equations.
However, the two Eds need to come up with ideas as to how propel the economy foward – now is not the time for political point scoring or in fighting, hopefully Labour has learned its lesson from the last time there was a prolonged period of Conservative government, then first Tony Benn and then an overconfident Neil Kinnock ensured three terms of Thatcher, which was followed by John Major.
Arguably the cost to our children will be much worse if David Cameron and George Osbourne are allowed to continue.
According to the Joseph Rowntree Foundation, opportunities for those born into modest incomes have been on the slide since 1970.
One can imagine what they will like on May 7, 2015.
One of the world’s poorest countries is now planning to join the big boys in setting up an aid agency which she hopes will win her friends and influence like her other friends and rivals, Brazil, Russia and China.
That country is India which is also celebrating its independence today.
Until recently, India – which holds half of the world’s poor – was the biggest receiver of aid.
Now she has arrived – or has she?
On the day that India was celebrating her independence, demonstrations were being held against the corruption that has plagued her politicians and businessmen.
After all they don’t have have struggle through the day like the rest of India on a dollar a day.
Like the eiltes of the other Bric states -that is Brazil, Russia, india, China – the rich are often heard to say that the poor should get off their backsides and work, after all the opportunities are there.
It is common to hear well healed Spanish elites speak like this also.
If you live in a glass tower, where you simply tick the boxes provided by the World Bank, IMF etc for economic development, then you are very lucky.
The rest of the world outside your doorway, does’t have that luxury and as events the last week in India’s former colonial master showed the poor can hit back.
If this century is indeed going to belong to Asia, then the nations that belong to this continent have to understand that the greatest contibution that the West has made to civilisation wasn’t it dazzling and startling discoveries.
What the West really achieved was to open the eyes of the humbliest citizens of the world, who have seen how even the poorest people in western nations have immerisably better lives than they.
And that should be a warning to all corrupt politicians and businessmen who plan to set up aid agencies whilst their own citizens suffer.