A gang of top business leaders have sent a letter to the Telegraph endorsing George Osbornes proposed cuts (and I paraphrase here)…
Go on Georgie Boy. Do it. Be a man and make those cuts. You know it makes sense.
I’m not confident enough in my economic learnings to say they are talking bollox, but…
The private sector should be more than capable of generating additional jobs to replace those lost in the public sector, and the redeployment of people to more productive activities will improve economic performance, so generating more employment opportunities.
… sounds awfully like a call for privatisation.
Now, privatisation is all well good, but when a public service is privatised there are never as many jobs filled by the incoming private company, with wages for the workers usually being at a lower level, too.
It’s not that hard to create jobs where a gap has been create by withdrawing a service that had only on supplier, is it?
The trick for the business leaders, which would really help us out (apart from not using convoluted ways to artificially reduce their tax burden) would be to create jobs without getting their mate the Chancellor kicking people out of jobs in the first place.