phildo
Well-Known Forumite
Overall i feel the budget was quite good. The defecit needs cutting quickly, even with this budget we will still be running a defecit for the next 5 years and the debt will be increasing. We don't really start dealing with the debt until we can get a budget surplus and that just feels impossible.
The VAT will hurt, the pay freeze will hurt (fiance is a teacher) and a few other bits will mean that we are worse off but I am happy to be 3-4% worse off and have a sound economy than risk the alternative.
The VAT will hurt, the pay freeze will hurt (fiance is a teacher) and a few other bits will mean that we are worse off but I am happy to be 3-4% worse off and have a sound economy than risk the alternative.