Dennis Thompson take a bow
Plain common sense in letters page at last.
Good to read Mr. Thompson’s letter in the Shields Gazette yesterday, such a shame that the Rally Against Debt march in London will have been totally overshadowed by the screaming hordes and vandals of the UK Uncut march, but I suspect that the silent majority will still look on approvingly. Mr. Thompson makes the very valid point that the five years of austerity planned by the coalition government is designed to try and get public spending back towards the percentage levels of 2008, not a vintage year for poverty in the UK!
The proof will be in the pudding of course, we will see if the government can succeed, at present it can only be hopeful rather than certain; the current public spending and borrowing figures continue on their upward rise mainly because of the high levels of interest being charged on the debts deliberately built up by Gordon Brown’s Labour government. These were designed NOT to be a bogus remedy – as Mr. Thompson points out “spending your way out of recession” has done no good at all in Portugal, Ireland, and Greece – but as a political weapon designed to implode within the government that Brown knew would succeed his. He was determined to ensure that the unpopularity of putting right his wrongs would lead to the cynical return of the good old days of tax and spend!
One can only hope that common sense prevails and that this government CAN manage to get to grips with the structural deficit and debt, admittedly it has not been the major talking point on the doorsteps of South Tyneside during the past two weeks, people are more concerned over pot holes, street cleansing, and keeping council taxes down, but deep in their hearts they do not want to live in a bankrupt Britain.
Mr. Thompson take your bow, you deserve it.