Austerity is a byword for:
punishment. Every bona
fide economist in the West recognises the idiocy behind an authoritarian
practice that only creates public pain. So, why would anyone vote for a fiscal
blight on a nation?
I’ve posed this question to experts in the field really
since Robert Peston did those impulsive
reports of financial meltdowns and morning credit crunching ten years ago. The answer
is simple: good old fashioned economic numbskulls who unconditionally love
neoliberalism. A stagnant economy is the
best of a bad show and done on a full employment rate too…. Anyone with a shred of intellect would stoke
up and say, ‘something’s not right here.’
And if anything the deregulation of
finance should indirectly alarm logical thinkers, for there’s an increasing
premeditated incompetency surrounding austerity.
Deregulation
per se has ticked the boxes of clandestine corruption and we’re only just
opening our eyes to this prospect. Ultimately disguised to me as… ‘Not in the
national interest’ -- my peers understand the complexity of highlighting the
plethora of fiscal delusions to a majority who’re fixated by Brexit. But this
is what the May administration wants, they’re sublime at deflecting from their
innate ideologies, alas diabolical at computing simple economics. For an example, May and the Cabinet are still embracing
the archaic Party slogan… they’re
competent with finances as a bid to bolster up support whenever policy
discourse gets tough and the irony is…. They’ve shown to be totally incompetent
with the nation’s finances. Austerity means catapulting household debt and this
is currently at 1.3 Trn (GBP); call it enforced debt driven by dysfunctional
economics from Central Government. If you disagree, ask yourself why is austere
measures been imposed on its people for eight years? No developed nation governance
has adopted this fiscal approach in a democratic state during times of
practically zero interest rates.
Graciously
announcing the deficit is down but your own household deficit is up – notably,
this is irresponsible governance and begs the question what was it with the
national deficit in the first place? Professor Simon Wren-Lewis at Oxford
University smirked and gushed out; ‘it
depends on what side of the fence you’re looking at austerity; its normal to
adjust spending and taxes to keep government debt relative to GDP stable,
albeit, there’s an injustice to systematically conclude a particular stabilised
level, for annual tax receipts fluctuate and in regards to an uncertain
financial forecast its madness to cement yourself to a stabilised level. ‘I
come to acknowledge that austerity not only is invalid but is entrenched in
Tory philosophy of the observation they’re via default not visionaries but
missionaries. No different to a pious-orientated- cult –of-prophecy exclaiming
the need to clamp down on spending is purely based on fictitious ideology. Here’s the bare bones… there’s an intrinsic
belief in Right-Wing mantra that punishment is the only means for redemption
and reward. The very factor that Theresa May has stated ‘Austerity is ending’
actually exposes this belief system. By categorically stating in exultation
‘rewarding fashion’ that … ‘after the
financial crash, people need to know that the austerity it led to is over and
that their hard work has paid off.’ In theory this defies common sense let alone
fiscal rules.
May
subsequently let the cat out the bag we weren’t it in together and admitted the
UK involvement of the global banking consortium which lost control of its
buffers were bailed out by the ordinary hard workers; the very same people
who’re now hard-wired Right-Wing supporters who voted for Brexit. Their absurdity is due to buying the
contingent patriotism card and effectively letting the financial sector off
from any blame, every intellectual is baffled at the level of culpable
irrationalism, why there’s a Left-Wing united front pulling the levers of ‘corrective policy.’ Tories are losing
every debate and it’s due to seismic derailment of logic and vision. I doubt this demographic will ever pay
witness to the condescending tone, for patriotism overrides reality and a true
fascist administration understands this fully. Ye-h, the Conservatives are waving a flag for
their despot agenda - and the odium fuels the power to the Maybot – henceforth, to our nation’s detriment. Unsurprisingly, why
there’s a behemoth ideological divide in modern Britain and it won’t subside as
long as it’s being fuelled with Brexit and austere pandemonium. Never fear austerity is here with us until
2021 at least.
We tend to
believe structures of power as immutable - virtually part of Nature. Of course they’re far from it, instead
they’re built on Rights and Legal theory that lay behind them rooted in much
the same intellectual soil as nourished as the other two major forms of
totalitarianism: Fascism and Boleshevism. Currently the government are now strategizing
onto another agenda, why they feel they can deliberately misinform the nation
without compunction. The private tyranny rests with the level of patriotism
they can muster via Brexit rhetoric to the working class; contributing to a breath-taking
and perverse bid to strengthening authoritarian resolve, and the result -- leaving
humanism in a desperate state. Durable austerity, conditions the status quo to read
about / observe the dying on the streets; hence, the upsurge of ridicule
diminishes because there’s an acceptance of our austere politics, morals and
ethics. To put it point-blankly, austerity causes a costly clean-up process which
future generations have to bridge with diplomatic relations and enforced tax
hikes, far greater than any Social Movement could endeavour.
One of the
incessant issues that arise is the outright oddity that surrounds Theresa May
in regards to her oratory and belief-system. She’s given away enough
information to intellectual minds that enables this demographic to gather all
her discourse and rationalize it to dangerous heretics. The character similarities, her body politic
is synonymous with Mother Theresa, another Theresa who spoke about the deprived
and impoverished yet kept the donations / taxes for a self-perceived hierarchy
that only a Theresa can imagine. Automatically this exacerbates societal paucity.
What hasn’t
been answered is how illogical and reckless are the feverishly patriotic our
working class? During this unprecedented epoch of system malfunctions and seismic
cover ups whereby clarity is underpinned with absurdity and illogical nuances.
There’s only way it’s going: and this is an absolute decline in living
standards and unabated venality, the signs are unadorned. Look no further than
how the UK Governance respond to Saudi dehumanization; complicit to arm trade
with tyrants for years. Austerity starts with punishing those who’re
financially strapped to do anything about it; for evidence (dissolving Legal
Aid) and every-time it ends in unequivocal anarchy. I suspect the folly can’t
smell coffee.
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