Monday, August 23, 2010
Osborne's cuts will make inequality worse
It shows how the policies of the Chainsaw Maniac will impact on the poor.
If Wilkinson & Pickett are right, this will increase social problems, so No 11 with its chainsaw fetish will in theory be at loggerheads with No 10, with his Big Society fetish.
Will the ghostly feud between Blair and Brown infect the present occupants of Nos 10 and 11?
No, because they are both rich enough to be certain that if UK plc goes into receivership as a result of their policies and becomes uninhabitable, they can just retire to Monaco or somewhere.
Graph 3 shows that countries with the most savage deficit reductions will see the largest increases in inequality. This forces us to one of two conclusions:
1 The Cleggeron cares not a jot or tittle about inequality
2 Osborne has a learning difficulty