I cannot be the only MP whose email inbox is full to bursting with heartbreaking testimony to the hugely damaging impact of this Government’s savage welfare cuts.
And whilst the Chancellor continues to wage war against the young, the disabled, the poor –all dressed up in the name of reducing government debt – he gambles recklessly with our economy. Austerity, says the IMF, is wholly unnecessary. A growing number of economists also warn it’s paving the way for another crash. The Chancellor is shifting government debt onto households at a time when when unsecured lending – via credit and store cards, car financing and pay day lending – is at an all-time high. By 2020 levels of household debt in relation to income levels look set to exceed the previous pre-financial crash peak.
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