The Balance Of Power.

The Conservative manifesto says that they want a “£30bn fiscal consolidation” in the first two years of the next parliament.

That means more welfare savings, because they have ruled out tax rises.

Yet both main parties support HS2 and HS3, which a study by the Institute of Economic Affairs suggested would cost a total of more than £80bn.

I am a great supporter of the railways, but surely upgrading the existing lines and rolling stock would be more cost effective.

The Office for Budget Responsibility forecasts that there may be recruitment and retention problems in parts of the public sector if the Conservative plans for public sector pay go ahead in the next Parliament.

Nick Clegg has been speaking about the importance of giving the public sector a pay rise, MPs got the recommended pay rise, the one recommended by their pay review body, but the nurses did not.

After five years of pay restraint, teachers, nurses, police officers and all those who work in the public sector should no longer face pay 
cuts.

This would mean a minimum pay increase in line with inflation for two years, and a guaranteed real terms increase in pay once the books have been balanced.

Recent polls have shown a slight increase in support for the Liberal Democrats.

Let’s just hope that it is Nick Clegg and the Liberal Democrats holding the balance of power.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: