Part 4 of 4: Conservative Chancellor George Osborne gives his autumn 2011 statement on the UK economy and how it's going.
More money in bailouts and credit paid for by small businesses and private sector, still no serious cuts to public sector spending or the size of the public sector.
Continue to rape savers with quantitative easing - laundering fake money though the UK economy.
The rape of savers is what is destroying the UK economy, and WILL NOT recover until the rape stops, and the borrowers are MADE to pay for their "mistakes".
Recorded from BBC Parliament, 29 November 2011.
@Sres1 The right wing media create those stereotypes to divide the population. Okay I know a few feckless idle bastards who take the piss, who doesn't, but many families are caught in a poverty trap and are really struggling.
For example; being deprived of transport is a real handicap for seeking employment. Just getting a driving licence can cost £1,000-£1,500 pounds if your lucky, plus the insurance and fuel costs.
BloodguardGorak 3 months ago
@BloodguardGorak don't forget the feckless get a with inflation rise in their hand out as well as pensioners getting the biggest boost in their pension since time began.
Sres1 3 months ago
Wage growth is none existent, yet not passing on the full increase in fuel and rail fairs is somehow helping families. Tax credits frozen. Rewards the bankers by reducing corporation tax. In summary pain for the 99% rewards for the 1%...
Limited capital controls on banks, trying to force them to lend to UK businesses. Some Keynesian stimulus stuff and the reintroduction of the housing bubble.
Growth suddenly spikes to 3% unless something unexpected happens...
1% pay increase for nurses
BloodguardGorak 3 months ago
An amazing budget.
daviddalbylive 3 months ago