Quote:
Originally Posted by Pierre
Everybody is talking about cuts, but none of the cuts have actually been implemented yet - so any redundancies in the public sector are being implemeted in anticipation of the cuts.
If you owe billions, borrowing billions more wont help you - unless you are borrowing to invest in infrastructure, manufacturing etc
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Hey Pierre, the cuts started at the start of this financial year, and have been deepened by inflation as the budgets were given in nominal terms.
Your second paragraph is spot on. They stubbornly refuse to invest in anything beyond trying to get the banks to feed us all more of the poison that caused the trouble to being with - debt.