Categories





Silver Exchange

David Cameron: no end in sight for austerity

by Robert Winnett, The Telegraph:

David Cameron doesn’t “see a time” when the government’s austerity programme will end.

In an interview with The Daily Telegraph, Mr Cameron says that he now expects the crisis in the eurozone to drag on for years, blighting the British economy.

He indicates that the programme of spending cuts, initially planned to take five years, is now likely to last for the entire decade.

Mr Cameron insists that he still wants to cut tax but that any reductions would have to be funded by even greater public spending reductions.

Asked whether the austerity programme would now last a decade until 2020, the Prime Minister replies: “I think it’s going to be…this is a period for all countries, not just in Europe but I think you will see it in America too, where we have to deal with our deficits and we have to have sustainable debts. I can’t see any time soon when…the pressure will be off.

“I don’t see a time when difficult spending choices are going to go away.”

Read More @ Telegraph.co.uk

5 comments to David Cameron: no end in sight for austerity

  • Steve_D

    Translation: We did it, we stole everything you had and now your our slaves for eternity!

  • Lone Wolf

    I see the end of Cameron’s political career in sight. Agree with Steve the plan all along was to steal as much as possible then implement austerity, lock everyone down to prevent them from reacting to the well known thieves in government and banking.

  • Lone Wolf

    Let us not forget the monarchs of Europe who are behind the scenes. Those who invented contract law and used it to the fullest to keep their place in history at a time when few could read or write. They have no legitimacy, only the claim of devine right to rule. HA those who worship the almighty royal criminals who are behind it all. The Cameron’s and Bama’s are their henchmen. The Cameron’s and Bama’s amy appear to be the ruling elite but AI assure you they are quite the bootlickers and it works for them because the bootlickers are rewarded well for their service to the monarch’s cause toward perpetual rulership over the world.

  • Ed_B

    If Mr. Cameron truly believes that Europe can continue to fumble its way forward in their current manner for years, he is sadly mistaken. Europe’s End Game draws near. They have literally spent themselves into oblivion; they just do not know it yet. Eventually, interest rates will rise substantially and the “free” money spigot will be shut off by those who formerly loaned money to free-spending government. I suggest that the withdrawal pains will be more hideous than they can possibly imagine.

  • john

    It’s just a pity that there wasn’t a modern day Guy Fawkes to blow the fu—rs up,and I really mean that.

Leave a Reply

  

  

  


8 × = fifty six

You can use these HTML tags

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>