Thursday, 6 January 2011

Why are the LibDems allowing this to happen?

If George Osborne really does think that raising VAT is 'progressive', could he explain how it helps over 2 million people in this situation?

Borrowing on credit cards to pay for 'essentials' like a roof over your head or food is clearly a dreadful situation for anyone to find themselves in. Blink and the next rent/mortgage payment is due, no doubt whilst the credit card bill not only remains unpaid, but is compounded by the added interest. Paying extra in VAT is the final nail in many peoples financial coffin. For the LibDems to proclaim that they stand for "Change for real, change for good" and to support the hardships this coalition is forcing on so many people beggars belief. Small wonder that 11% and falling will be Clegg's legacy to his party.


nick

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