This foul medicine is the tonic we need

Daily Mail - - News -

THERE’S a clear mes­sage this week for any­one who be­lieves the past cou­ple of years have been tough for the Bri­tish econ­omy: we ain’t seen noth­ing yet.

As David Cameron spelt out on Mon­day, and Ge­orge Os­borne echoed yes­ter­day, the un­prece­dented £60bil­lion-a-year spend­ing cuts be­ing planned will have a mas­sive im­pact on ev­ery one of us.

It’s not only pub­lic sec­tor work­ers or those on ben­e­fits who’ll be hit. Pri­vate busi­nesses and their em­ploy­ees, who’ve borne the brunt of the re­ces­sion, will also suf­fer from the loss of govern­ment con­tracts and the cut in spend­ing power through­out the econ­omy.

The Mail takes with a pinch of salt the Chan­cel­lor’s pledge that he’ll con­sult the en­tire coun­try over where the axe should fall. For we all know the great ma­jor­ity will an­swer: ‘Any­where but on me.’

What is 100 per cent cer­tain, how­ever, is that these cuts are vi­tal if our chil­dren are to have any hope of en­joy­ing the com­forts we take for granted.

Yet isn’t it also true, as Canada’s ex­pe­ri­ence of rapidly re­duc­ing a vast deficit has shown, that Bri­tain may emerge stronger af­ter the foul medicine we can­not avoid?

The fact is that over the Labour years, our econ­omy has be­come dan­ger­ously un­com­pet­i­tive, with its bur­geon­ing wel­fare cul­ture and swollen pub­lic sec­tor.

Yes, the cuts be­ing forced upon us will de­mand a rad­i­cal re­think of the state’s role in Bri­tish life. But couldn’t that be just the tonic we need?

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