Balls told the shadow cabinet "we cannot plan now on the basis that our inheritance in 2015 will be better than currently forecast", adding that this would require further deep departmental cuts in spending.Balls was also setting out a series of likely cuts to government spending, including the abolition of police commissioners, means-testing the winter fuel allowance and freezing the building of further free schools [...]
Ed Miliband, the Labour leader, will take Balls's message a step further on Thursday by proposing a cap on welfare spending not linked to the economic cycle.
Intuitive---isn't it?---that the party that names itself after labour thinks that the commonwealth will be better served for having rather less of it.
Guess we shouldn't feel so isolated and alone anymore since, obviously, we're not the only democratic nation on the planet that is no longer permitted to have liberal governance. Even though liberal governance would, in fact, solve a great many of their/our problems. Like us, they could also mint a coin, print more money, and offer every citizen a job anytime they wanted, and like us, they have apparently decided that punishing the poor---and now the kiddies, too!---is the right honorable thing to do. Whether they are greedy or stupid will be for historians to decide, but in the meantime this should remind us, yet again, that our current global economic malaise is not occurring by accident but as a matter of public policy.
---Baron V
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