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The price of austerity: While the Tories laugh all the way to the bank, the rest of us are queuing up for the food bank.

Fat chance!

The Conservatives didn’t impose austerity on the majority of people in the UK to ease the effects of the financial crisis that happened 10 years ago.

Their austerity doubled the national debt and pushed millions into poverty – but it made a tiny minority very, very rich indeed, and that was the only reason for it.

It also shrank the state – public services were cut and public facilities sold off, in an attempt to make sure the people of the UK could never benefit from them again.

From the Conservative point of view, then, austerity has been a rip-roaring success.

So don’t expect the Tories to change direction just because the people are suffering.

They’re too busy lining their own pockets.

The SNP has said Chancellor Philip Hammond must use the forthcoming UK budget to “call time” on a decade of failed austerity cuts – as the UK marks ten years since the financial crisis.

Kirsty Blackman MP, SNP Economy spokesperson, said millions of families had suffered “years of pain” and are still being made to pay a “heavy price” as a result of “self-defeating” Tory and Labour cuts.

Speaking at a rally outside the Bank of England on Saturday, with civil society groups including Positive Money, Christian Aid, Unite, and War on Want, the SNP MP for Aberdeen North warned UK government austerity cuts had caused “self-inflicted” harm to the economy – and left the whole country poorer.

The SNP is calling on the UK government to admit failure and “consign austerity to the dustbin”, replacing Tory plans for further cuts with a programme of investment to boost economic growth – and ditching plans for a hard Brexit, which would cause further economic devastation.

Source: Tories must ‘call time’ on a decade of failed austerity cuts, says SNP

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