Ellie O’Hagan, Communications officer for the Centre for Labour and Social Studies has summed up a people’s response to the Chancellor’s autumn statement quite well: “According to the OBR, at the end of this decade, public spending will be at its lowest rate for 80 years. To me, that is a remarkable fact in a time of stagnating wages and falling living standards. And even without those conditions, it is a damning indictment of how much the government values the people. What is the point of reducing the deficit (which doesn’t even need to be done with austerity, or done so quickly) if you totally hollow out society in order to achieve it? So much of the Autumn Statement was announced in advance that George’s Osborne’s speech yielded few surprises on the day. In the build-up there was much tut-tutting over the fact that the government’s offering didn’t include any “pre-election bribes.”
Are a few pill sweeteners the best we hope for? In their daily lives, people care about quality of life, relationships, communities, mental and physical health, and freedom from poverty. And yet, it’s almost viewed as weakness to talk about politics in anything other than the most hard line economic terms. Between that disparity and the unedifying jeers from politicians as the Chancellor made his statement, is there any wonder people are disillusioned with mainstream politics?” The people are disillusioned because the parasites are in control. Economic policy is dominated by financial speculators who group together in the banks, fund managers groups, actuaries, central banks, European Union, Wall Street the City of London and all of their global trading organisations.
Tax revenues, not that many of them pay them, are a pittance compared to their private wealth, but government debts and privatisation plans are lucrative for them. Those who profit from government deficits, the debt, private credit and public sector sell offs rob and bleed nations dry. No Parliamentary machination or Chancellor within the existing system can manipulate the tax and spend system in such a way that the exploitation of workers will be relieved and the control of our nation’s wealth will be put at our democratic disposal in the interests of the people. So a capitalist budget statement as usual but as so many since 1979 one that shifts power and wealth further into the hands of the finance capitalists. It is people not profit that matters and the enduring profundity of that perception will drive the new world order.