BUSTING THE CUTS MYTHS: THERE IS AN ALTERNATIVE
As even the Scottish Chambers of Commerce are saying businesses
expect public sector cuts will ‘dampen’ the economy, it
is time to question again the ideology that has the media
conned into believing there is no alternative.
Economists across the world are questionning whether the
cuts are are really needed and whether selective figures
are being used an excuse to savage the public sector for
ideological, rather than economic reasons.
UNISON’s ‘alternative budget’ points out that this is
no time for cuts – we need to invest in jobs and services
to recover from recession and build a fairer society.
We can afford the services we need – if we cut out real
waste and make the banks, big corporations and the super
rich pay a fairer share in tax.
The financial crisis and recession were not caused by excessive
public spending. They were the consequence of reckless borrowing
and lending in the private sector. When did the problems
caused by them become the fault of the public sector?
The coalition government talks as if public borrowing was
the main problem. But economists say our expected debt levels
are sustainable.
Former Bank of England economist Professor David Blanchflower
has warned that cuts to public spending could send us back
into recession and push unemployment to 5 million. Until
growth and employment have fully recovered, it is right
that the government uses public debt to finance necessary
spending.
Download UNISON’s alternative budget for recovery at unison.org.uk/acrobat/18887.pdf
See links to economists challenging the cuts at the ‘mythbuster’
section of the unofficial blog unisonactive.blogspot.com
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