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Cuts and austerity

Heard a number of times that EU out vote is in part a kick in the balls aimed at the elite\establishment as a reaction to the cuts\austerity imposed upon them.

As the defecit is still growing, NHS and pensions are ring fenced and famously tax credit changes and disability payments were aborted (plus as far as I know non working benefits have not been touched) exactly what form is this austerity taking?

Maybe I'm part of the elite (doubt it!) But haven't seen a single cut

What has been cut and where, who is it hurting and how does exiting the EU fix it?

Also how do we get the defecit down ? (If not cutting spending)
Left is never right but I always am.
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Comments

  • michaels
    michaels Posts: 29,133 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    Heard a number of times that EU out vote is in part a kick in the balls aimed at the elite\establishment as a reaction to the cuts\austerity imposed upon them.

    As the defecit is still growing, NHS and pensions are ring fenced and famously tax credit changes and disability payments were aborted (plus as far as I know non working benefits have not been touched) exactly what form is this austerity taking?

    Maybe I'm part of the elite (doubt it!) But haven't seen a single cut

    What has been cut and where, who is it hurting and how does exiting the EU fix it?

    Also how do we get the defecit down ? (If not cutting spending)
    Are you talking about the deficit that is down from 11% of gdp to a predicted 3% this year or a different deficit?
    I think....
  • Stevie_Palimo
    Stevie_Palimo Posts: 3,306 Forumite
    1,000 Posts Combo Breaker
    Being in or being out would not make much difference against the deficit in place and as for being a kick in the balls as you have ever so nicely put it well this is just rubbish, I voted out and I do not receive any kind of benefits so that was not a reason for me to do so.
  • CLAPTON
    CLAPTON Posts: 41,865 Forumite
    10,000 Posts Combo Breaker
    Heard a number of times that EU out vote is in part a kick in the balls aimed at the elite\establishment as a reaction to the cuts\austerity imposed upon them.

    As the defecit is still growing, NHS and pensions are ring fenced and famously tax credit changes and disability payments were aborted (plus as far as I know non working benefits have not been touched) exactly what form is this austerity taking?

    Maybe I'm part of the elite (doubt it!) But haven't seen a single cut

    What has been cut and where, who is it hurting and how does exiting the EU fix it?

    Also how do we get the defecit down ? (If not cutting spending)


    national debt is still growing
    the budget deficit is broadly falling
  • Mistermeaner
    Mistermeaner Posts: 3,024 Forumite
    Part of the Furniture 1,000 Posts
    Ok. Thanks for info. Defecit is falling, debt is growing. Debt will continue to grow until defecit is better than zero.

    So where have the cuts been made and who is hurting from them?

    How will leaving the EU help?
    Left is never right but I always am.
  • Mistermeaner
    Mistermeaner Posts: 3,024 Forumite
    Part of the Furniture 1,000 Posts
    Being in or being out would not make much difference against the deficit in place and as for being a kick in the balls as you have ever so nicely put it well this is just rubbish, I voted out and I do not receive any kind of benefits so that was not a reason for me to do so.

    You are one person.
    Left is never right but I always am.
  • wotsthat
    wotsthat Posts: 11,325 Forumite
    If there is a Brexit related downturn hopefully the leave voters won't mind sharing the burden.

    Oh hang on. The old and the poorly educated - as if.
  • Tromking
    Tromking Posts: 2,691 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    edited 27 June 2016 at 9:30AM
    No coincidence that the areas most affected by austerity were the most keen to give the politicians a kicking in the EU referendum. Perhaps if the Barnett differentials didn't favour Scotland and NI so much then perhaps there would have been more areas of the UK happy to vote for the status quo like they did.You can't keep expecting non-metropolitan areas of England and Wales to keep taking it up the backside without kicking out eventually.
    England (and Wales) is speaking, about time they listened.
    “Britain- A friend to all, beholden to none”. 🇬🇧
  • CLAPTON
    CLAPTON Posts: 41,865 Forumite
    10,000 Posts Combo Breaker
    wotsthat wrote: »
    If there is a Brexit related downturn hopefully the leave voters won't mind sharing the burden.

    Oh hang on. The old and the poorly educated - as if.

    we have had numerous EU related downturns (as well as upturns) and we all shared the benefits and costs.
  • Stevie_Palimo
    Stevie_Palimo Posts: 3,306 Forumite
    1,000 Posts Combo Breaker
    You are one person.

    Many more in my position to though as you are fully aware of.
  • mayonnaise
    mayonnaise Posts: 3,690 Forumite
    It's now 4 days past brexit and the potholes in my street still aren't fixed! :mad:
    Don't blame me, I voted Remain.
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