The day the poorest were to get poorer

Osborne announced £81 billion reduction in public expenditure

As George Osborne ploughed through the list of ‘efficiency savings’, it seemed as though he struggled to iterate what he was orchestrating. Almost with a guilty conscience, he reached for his glass of water after every departmental shrinkage plan. The monetary arm of the state is no longer the source of promise that has rescued those trapped on the peripheries of society, it has now turned away. With this it has put the futures of a generation at risk:

  • It has forced those who work so diligently to offset their well-earned retirement plans, by increasing the retirement age. This is compounded by a further £3.5 billion worth of contributions that have to be made by public sector workers for their pension schemes.
  • The departmental cuts total £46 billion, including 27% from local government, 29% from the environment and 23% from the Home Office.
  • It has taken a further £50 a week from those who genuinely claim incapacity benefit, and has stripped another £7 billion from the Welfare budget (the equivalent of £1000 a year from 7 million families) on top of the £11 billion cuts announced previously. Those depending on tax credits and housing benefits will now get a significant amount less or nothing at all.
  • 40% cut in Higher Education- stifling the chances of many innovative and bright young people to excel in the world of academia. My thoughts on this are in a previous blog written recently.
  • The Ministry of Defence will face an 8% reduction in funding which equates to the loss of 42,000 army personnel or civil servant jobs over the next five years.
  • He announced that the commitment to the renovation and new building of social housing will be cut by 60% over the next four years.

The list is endless. To take £81 billion out of the budget through depreciating government spending in the vital services and help that our society necessitates over the next four years is without question showing a complete disregard for the poorest and most vulnerable in society. It is widening the gulf between the top of the social ladder and the bottom, and it recklessly diminishes the future prospects of those not even born yet. And as the Tory backbenchers praised and cheered their man’s vast Spending Review it got me thinking- this ties in with traditional and recurring Tory principles- to hold the poorest at arm’s length, and let the rich get richer.

Kieran

Education is essential

The sharp prospect of the governmental chopping blade is a frightful thing, but its something we will all endure. Whether the coalition are right to cut so deep, so quickly, is a matter that can be debated for ages, but the unsavoury realisation is that it is going to happen and we are powerless to stop it. However I believe the one department that should be protected more so than others, is education.

We all realise that in order to maintain our proud position on the international stage as a hub of potential, promise and initiative, we need to sort our finances out. Yet within this lies the problem of why reducing the reach of the state’s monetary arm especially in education is counterproductive. Education is the bedrock of social mobility, the generation of new ideas, and the advancement of understanding. So reducing the finance it receives, reduces its importance in the eyes of young people, and starves them of realising not only their full potential, but that of our nation.

In today’s news a leaked source suggested that there could be funding cuts of up to £4.2 billion for universities in the next Spending Review. A few days ago Lord Browne’s report suggested that education will now become a prospect for the wealthier classes. And the threat of many universities caving in is one which has gathered speed. Politicians scrap over the definition of fairness, this isn’t fair- this is placing education on a pedestal and kicking the less well off further into the wilderness.

Kieran