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Austerity is a SCAM: What Paradise Papers reveal

November 7, 2017

Franglish Politics

We were constantly told that “we are all in this together” – that austerity but have been harsh and tough, but we as a society had to “live within our means” in order to have a balanced budget so that we could repay our debts.

It has been nearly a decade since the 2008 crash (2007 saw the credit crunch crisis) and we’ve had 7 years of Tory austerity. Austerity has failed, and with Brexit set to cost our economy billions, austerity was going to be extended for another decade.

Austerity effects the poorest and the most vulnerable in our society. With stagnating earnings (the worst in the Western Developed World), more homeless people, longer waiting times in the NHS (which is predicted to see its biggest crisis this year), less police on the street, public sector workers having a real-term decrease in pay due to the cap they have…

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