Wednesday 30 June 2010

The real cost of the Budget

So the Guardian scoops today:
Budget will cost 1.3m jobs - Treasury Exclusive:
Leaked government data concerning next five years shows hidden costs of austerity drive.

So where are those millions of jobs for those currently on incapacitated going to come from?

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The BBC has picked up on it:
Forecast suggests 600,000 public sector jobs to go.
Some 600,000 jobs are expected to be lost in the public sector over the next five years, the Office for Budget Responsibility has said.

Leaked Treasury documents had suggested last week's Budget could increase unemployment by up to 1.3 million.

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