If, like me, you weren’t thoroughly convinced by Vince Cable’s performance on the 27th September, and you think the Government could do more for students and the mass working class, be reassured that you are not alone.
This Saturday, hundreds of thousands of people will take to the streets of London for ‘A Future That Works’ march, which main objective is to protest against the fierce austerity the Government is administrating.
As a united force we will be asking for change. I will take my position on that autumn day because I feel the government’s plan to cut spending will not progress our economy further; it infact might steepen the recession. We did not elect a coalition that arguably only caters for the sub group of super rich. This is shown through the poor and middle incomes being worst to suffer from the Government’s plan to cut £4 for every £1 of tax increase, whereas the rich that could better afford it, are less affected. The government are breaking their promises and reversing their plans which I argue the British people do not need. We do not deserve it.
The US economists and Nobel Prize winner, Joseph Stiglits argues, ‘Britain is embarking on a highly risky experiment’ because the ‘cutbacks in government spending will mean lower output and higher unemployment’. From a perspective of a student this is increasingly worrying as it means it will be harder to find a job, especially one in the public sector. In addition the loss of EMA, increase in tuition fees and rising cost of student accommodation make education overall more challenging, therefore the country may see a rise in unemployment of young people which will fundamentally increase the deficit. The Government seems to offer little consolation for my worries therefore I question, Is there another way? The alternatives are simple: the economy needs time to grow. Allowing this will reduce the amount the government needs to spend on unemployment and raise the amount we get from tax, overall reducing the deficit without much costly sacrifice on our behalf. We can not avoid the fact we are in a recession and therefore the economy is in a slump, but it is wrong just to accept the Government’s plan when different policies exist. The main focus of creating jobs and increasing spending will stimulate growth that will overall reduce the deficit in the long run.
I hope Saturday will show the Government that the public has a voice and as we are all part of a recovering Britain, we need policies that will affect us equally.
For more information, please visit http://falseeconomy.org.uk/cure/whats-the-false-economy-alternative, which clearly and concisely outlines the problems we face today.
If you wish to be part of something that could possibly shape your future, start looking at a local trades union near you to see if they are taking part in the march and running transport there (a bus from Bridgwater is only £2 in alliance with Bridgwater Trades Union council!!)
On a final note, we our all architects of our own future therefore it is vital we make a difference while we can. As a result, although I didn’t meet Vince Cable’s eye on the 27th, I at least agree with him on the fact ‘the opportunity for reform and renewal is passing us by’ and if we do not act now the ‘financial crises will return with even greater ferocity in years to come’.
At Ledger we’re interested to hear what you think. How are the cuts affecting you, both here at college and outside? Contact us and let us know. And take our poll below.