So our fearless and much-loved Chancellor of the Exchequer, George Osborne (above, in his student drinking outfit) has finally released the details of the Comprehensive Spending Review, so named as it is mostly aimed at anyone who went to comprehensive school.
The actual details of what is being cut were a little thin in his Commons statement, it was mostly the percentage of departmental budgets that is being cut away. But from little that we know it has been a bad day for anybody who is:
- Poor
- Employed by the government
- Employed by someone other than the government
- Well-off
- Disabled
- Basically anyone not the son of a Baronet
Young Gideon informed us that these cuts in public spending are essential to preserving the stability and growth of the British economy, and he should know all about world economics as he got a 2:1 in History at University and later worked at the Ministry for Agriculture.
In truth, if your employed in a stable job this isn't the worst outcome. You will have the do a bit of belt-tightening - both figuratively and literally (have you seen how much the cost of your shopping is going to go up?). For the rest of us we now have to dig deep, because we're going to be sleeping in ditches.
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