Now It Is Official: You're Worse Off Under the Tories

Discussion in 'U.K.' started by Mr. Frankenstein, Oct 8, 2013.

  1. Mr. Frankenstein

    Mr. Frankenstein Malice...in Sunderland

    Nearly three years into this government, George Osborne has hung on to his job and to his failing economic plan, but come up horribly short on most of his key promises.

    On economic growth, on maintaining Britain's AAA credit rating and on his key pledge to balance the books by 2015, he has failed each and every time.

    Instead, borrowing will be £245billion more than planned as the costs of economic failure mount and the Chancellor has again put off the date when the national debt will start to come down.

    And today, finally, we had the grim confirmation from the government's official forecaster that the British people will be worse off in 2015 than they were in 2010.

    Now it is official: you're worse off under the Tories. From the working families who have to wait until 2015 for help with the costs of childcare, to a 2.4% drop in real wages over the lifetime of this parliament, life is getting more expensive and more difficult for most Britons.

    There is a small group, however, who will be better off under George Osborne's plans - the 13,000 millionaires who will be handed a tax cut worth an average of £100,000 in just a few weeks' time.

    Full article - http://www.huffingtonpost.co.uk/chris-leslie/now-it-is-official-youre-_b_2918517.html
     

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