What is the Tory strategy for economic growth? Well it seems to be that their plan is to make huge cuts in public spending coupled with a VAT increase, whilst also working towards scrapping the future Jobs Fund.
Yep. Great plan. Axe loads of public sector jobs so that these people are left with no choice but to go on unemployment benefits thus increasing the social welfare bill and also leaving people with less spending power. At the same time INCREASE the tax on sales.
All I see and hear when I turn on the TV & radio at the moment are adverts saying "beat the VAT increase!".
The Tories also plan to scrap the Future Jobs Fund which was a £1 billion investment made under the last Labour government to help young people avoid getting trapped in long-term unemployment.
Having been unemployed myself for some time when I was younger I can say that unemployment does eat away at you and make you depressed. That stage in my life felt like a waste. The longer you are unemployed, the harder it is to get a job and you gradually lose your confidence. I think it makes perfect sense to be helping young people through these difficult economic times so that we do not have another "wasted generation".
