How the country could look in six years’ time if spending cuts and austerity measures continue
Energy and Climate Change
The Department of Energy and Climate Change budget has fared much better than Defra since 2010, but a huge chunk of its funding is spent on clearing up 50 years of nuclear waste. Straw said the predicted cuts by 2020 would damage the function of the Nuclear Decommissioning Authority. Support for clean, renewable and community energy would suffer as would schemes to improve the UK’s cold, draughty homes, which are among Europe’s worst and are linked to the 18,000 excess winter deaths last year.
Andrew Warren, at the Association for the Conservation of Energy, said reduced funding for insulation that makes homes warm and cheaper to heat is “madness”. He said: “Contrast that with Germany’s announcement on Wednesday that they are putting a further €1bn euros a year into residential energy efficiency schemes.”
The public will have to go on a £360bn borrowing binge to make George Osborne’s deficit reduction plans add up, an analysis by The Independent has found.
According to the small print in the latest report from the Office for Budget Responsibility (OBR), the public is forecast to add to its pile of unsecured lending, which includes credit card debt and bank overdrafts, by £360bn over the next five years.
If the public fails to spend, then growth would collapse and the Government’s deficit would be likely to start increasing again.
biffvernon wrote:Stop shopping and the whole global capitalist system collapses. Revolution without guns. Your purse is more powerful than you vote.
Good man Biff.
However, you can shop. But you have to know where your money goes and make sure it goes the right way. 99%(!) don't.
I experience pleasure and pains, and pursue goals in service of them, so I cannot reasonably deny the right of other sentient agents to do the same - Steven Pinker
Across the UK approximately 8.8 million people are over-indebted. These are individuals who have been at least three months behind with their bills in the last six months or have said that they feel their debts are a heavy burden.
No wonder Andrew Tyrie (Conservative MP for Chichester and Chairman of the Treasury Select Committee) and some of his staunch Tory colleagues are repeatedly calling for the closure of this advisory service.
A desperate attempt to stifle the truth (from any source) about the growing level of personal and national debt before the general election next year.
Thanks George! 
