The
coalition government has two more years in power before the next general
election. The economic situation in the UK is serious as unemployment stands at
2.4 million and growth is about 0.3% annually.
In 2010
David Cameron promised that he would be able to balance the budget by 2015. Now
in 2013 Cameron has yet to admit that the deficit is actually going up and not
down.
George
Osborne’s spending reviewing included the following:
·
No
more welfare cuts.
·
People
currently claiming job seekers allowance would now need visit the job centre on
a weekly basis.
·
Making it prerequisite for new claimants who
do not speak English to learn it.
·
Automatic
pay increases in the public sector would also come to an end
·
Increase
the number of free schools.
Mr Osborne
has spent the last three years tackling the deficit and yet it is widely known that the UK deficit has
risen. By this time next year it will be abundantly clear to all whether or not
Mr Osborne economic policy has been successful. Which in turn will determine
whether or not this coalition government will be re-elected in May 2015.
