Your health and your children’s education are to suffer in order to make the rich richer, Kwasi Kwarteng has confirmed.

He didn’t say it in quite that way, of course – but he has announced that public services will lose up to £18 billion per year – and that is a result of his decision to cut taxes for the rich.

He – and prime minister Liz Truss – has claimed the non-existent “trickle-down” effect means these fat cats will spend the extra money into the economy, making other people richer too.

But this is not true. Instead, the money will most likely go to tax havens while you suffer due to the loss.

Here’s what has been announced:

CHANCELLOR Kwasi Kwarteng has confirmed that public services face further cuts of up to £18 billion per year.

This comes following his dramatic U-turn on the 45p tax rate.

Budgets will not be topped up in order to take account of soaring inflation, the Chancellor said.

The move has been described by economic experts as one which is likely to have an “extraordinary” impact on the NHS and schools.

Last week, head of the IFS Paul Johnson said: “It is pretty extraordinary. There’s a real problem for schools and hospitals. It’s going to be a real squeeze.”

Paul Johnson isn’t the only one saying there are real problems. Already the social media are filling with outrage:

In terms of the NHS, it’s murder by proxy – if you think about it.

Truss and Kwarteng used the fear that you wouldn’t be able to heat your home as an excuse to bring in changes that mean you may not even be able to afford to live in it.

Then, mindful of the effect of these changes on your health, they are now imposing changes that mean the National Health Service will have to turn you away to die – after you spent years paying for it with your taxes.

Remember: health and education are your right; you have paid for them and the Tories have a contractual obligation to provide them – up to the highest standard.

Kwarteng should be reminded of this. It might make him grin on the other side of his face.

Source: Chancellor confirms cuts of up to £18bn for public services amid economic turmoil

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