Today’s budget in the UK gives us time to reflect on our economy. As we look for minimalistic solutions, surely it is time for a complete rethink about the type of society we want and are in desperate need. We need to target banks and in particular the high value speculative transactions. We could engage with the tax dodgers and these two policies alone would save billions, some of which we could spend on environmental projects. We clearly need to move away from our dependency on oil. Our present system also leads to conflict and wars which are hugely expensive. The outline in my main blog if adopted, would mean we would not have to resort to huge cuts now or later. It is difficult to comprehend why we still seem to listen to the same political and economic experts who have simply got it wrong time after time. And let us campaign for a fairer and more objective team of presenters in the Media.
Some of these objectives can start through community groups determining their own outcomes. We surely need a new political programme and a new progressive party. Let’s end these toxic policies and look forward to a new and real big society.
Ivor Timson MSc( Econ.)
