So how's that austerity program working for all those Brits?
George Osborne admitted it was taking longer for Britain to recover from the financial crisis than he hoped today amid warnings that the Government would miss its key economic
George Osborne admitted it was taking longer for Britain to recover from the financial crisis than he hoped today amid warnings that the Government would miss its key economic targets..
The Chancellor also warned the rich would pay more when he unveils his Autumn Statement on Wednesday but ruled out Lib Dem proposals for a mansion tax. Mr Osborne said the independent Office for Budget Responsibility would report on Wednesday on whether the Government would meet its economic goals.
"We had two targets, one was to get debt share falling as a share of national income by 2015/16 and also to balance the current budget," he told BBC 1's Andrew Marr Show.
"It is clearly taking longer to deal with Britain's debts, it's clearly taking longer to recover from the financial crisis than one would have hoped but we have made real progress.
Osborne doesn't believe in reality. He's a conservative moron who loves to inflict pain on the people. He really is a stupid git.
Guardian reporter Rob Booth spoke with anti-fracking protesters in Balcombe, West Sussex, on Friday shortly before their demonstration prevented the arrival of essential shale gas drilling parts. Read more...
Cameron and Osbourne
Many of us have been blasting the politics of austerity because there has never been one fact to support it especially during an economic crisis, but England's grand poobah has been leading the austerity charge and hasn't Read more...