Cut public spending or forgo nuclear weapons?
Tad | May 03, 2010 |
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According to new analysis from the Institute for Fiscal Studies, should all three of Britain’s main political parties meet the budget commitments detailed in their election manifestos, then the UK looks set to face the biggest public spending cuts in over a generation. The report suggests that Labour and the Liberal Democrats will have to make cuts on a scale not seen since the 1970s, when Prime Minister Jim Callaghan’s government was forced to turn to the International Monetary Fund for help in propping up the country.
Nukes on a Blog, UK, Trident, tax (all tags)
