MickiQ
In My Defence I was left Unsupervised
Austerity is happening for one reason, the Government wants to reduce the deficit since the Government takes in less money than it spends. There are 3 ways to deal with this, cut spending, raise taxes or do nothing (or nearly nothing) and rely on economic growth to fix the problem (i.e. more taxes and less spending since more people have jobs and better ones at that). Economic growth has been largely flat for a decade now so that can't really be relied on to help.Could you try and sound any more condescending please?
I said growth had dropped. I commented nothing on a conservative government that has been inflicting austerity on poorer people while lining the pockets of billionaires. That's a whole separate discussion point.
Brexit will lose money for the country and a tory government if still in power will only ratchet up austerity while dismantling the state further.
The current Govt has put the emphasis on cutting spending and since social welfare and healthcare are two of the big three items (third is pensions. with the 3 of them being over half) of what the Govt spends, they've obviously borne the brunt of cuts.
Since the Govt knows that the voting public for the most part would rather have money spent on the NHS than welfare payments, the cuts have been even more skewed towards welfare cutbacks making austerity even worse.
Being in the EU isn't to blame for austerity but certainly doesn't earn any credit for mitigation either.
Virtually every analysis of how the UK economy will fare in the short term (5-10 yrs) are that it will reduce growth by 2-10% depending on the final deal, this will reduce the freedom any future UK government has to act not least because the growth option isruled out for even longer. Any future Tory Govt will find itself having to impose greater austerity measures to meet its target and any future Labour Govt will have to raise taxes even further or accept some austerity.
There are limits to how far you can go in either direction before people start stocking up on pitchforks or the best and brightest individuals and companies start fleeing abroad
(which the EU would be only to happy to encourage, it's already happening to a smallish degree)
In the long run no-one really knows what will happen (despite claims to the contrary), many leading Brexiteers are claiming that freeing us from the UK will lead to greater growth long term though given their record on predictions so far I'm rather cynical.
Of course people voted Leave or Remain for many reasons not just economic ones, the reason I still believe that the Remain campaign lost is that a campaign that basically came down to "Things can only get worst" was never going to be a winning strategy. When Brexit happens (and it will happen) and no matter what form it takes, whichever party is running the country at the time (and for a decade after) will find itself with hard choices to make.