Tagged with: spending cuts
suhasinisakhare.com
The Irish Prime Minister has today announced a 4 year budget for Ireland, meant to secure Euro 15 Billion of spending cuts and tax increases. They are tough cuts, starting from the minimum wage, going on to public sector jobs. They add up on paper. A few days back I'd written that Ireland will see a boom again, probably one which might take it back to the pre 2008 boom days . Well, not any more,...
suhasinisakhare.com
Catherine Bennett writes in the Guardian on October 31 that women should stop whingeing about the austerity cuts imposed by the UK's Coalition Government. We are all in this together, and it is pointless to hold one party more sacred than the other. She's wrong. Here's why. The UK Government has cited hard times, and initiated spending cuts. These cuts are wholly unnecessary, particularly in the...
suhasinisakhare.com
Research by the UK's House of Commons Library shows that spending cuts announced by the UK Government on October 20, will impact women twice as hard as they do men. GBP 8.5 billion is sought to be saved by the Government by cutting direct contributions to individuals. Of this sum, GBP 5.7 billion is going to come from women, GBP 2.7 million, from men. Earlier, in June, the UK Government announced...
suhasinisakhare.com
The British Chancellor has cut public spending savagely , on October 20. On October 21, he's hinted he is contemplating giving more money to the banks, in a fresh spurt of QE . Am I the only one who thinks taking away public sector jobs belonging to workers who in any case show a strong preference for stability, and instead, giving money to banks, is both marginalizing to people, and inefficient?...
suhasinisakhare.com
Have been reading news on the British Spending Review which took place on October 20. There is a lot to piece together. Three statements, out of all this commentary, stood out for me: Britain will be a bad place to be poor in . The cuts were opportunistically aimed at those without political clout . Of the 450,000 public sector jobs lost, 300,000 would be held by women . The last commentator poin...
suhasinisakhare.com
Just got done listening on the BBC World Service to David Cameron speak at the House of Commons, about the Defense Review. This Defense Review has been overcast by austerity. Originally, about 10% of the Ministry of Defense's budget was to be cut, now, estimates put the cuts closer to 8%. He says that Britain has to continue punch above its weight in the world, on account of its economy, its alli...
2 years ago
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