Brendan Barber
Today, I’m addressing a rally at
a TUC-backed mass lobby of Parliament. Hundreds of consituents from across the UK will be visiting their MPs to register their concern at the cuts expected in tomorrow’s Comprehensive Spending Review. This is taken from what I’ll be saying at the event.
Tomorrow the Government will announce unprecedented cuts in public spending – deeper than any of us can remember. They will bite deep into our social fabric – and hit some of the poorest and most vulnerable members of our society.
They want us to believe that they have no choice and that this is economic necessity. Yet economic experts across the spectrum warn us that the cuts are too deep and too rapid. The warnings come from the White House, the US Treasury department, Nobel prize winners like Paul Krugman and Joseph Stiglitz, key members of the Bank of England monetary policy committee, the chief economics commentator on the Financial Times, and yes, even the Mayor of London.
At worst the cuts will plunge us back into recession. And at best they will condemn us to lost years of high unemployment and growth so weak that the deficit may well stay high.
This is not economic necessity, but a political choice. Bad economics is serving a political project that has never been put to the British people at an election.
Continue Reading →