Other News

Con-Dems’ economic policy… austerity, austerity, austerity!

The Con-Dem chancellor, George Osborne, claims his budget (24 March) is the “most pro-growth budget for a generation”. But the British economy is barely crawling along, and the budget will do nothing to promote growth.

The government previously predicted 2.3% growth of gross domestic product (GDP – value of the total output of goods and services) for 2011. Now, the Office for Budget Responsibility (OBR) forecasts meagre growth of 1.7% of GDP for 2011. Even that may prove to be optimistic given the scale of spending cuts and tax increases.

World & Europe: New period of instability and revolutions

At the beginning of April, leading members of the CWI from Europe, as well as from Pakistan and Israel, met to discuss developments internationally, and in Europe in particular. The following thesis was discussed there and adjusted according to the discussion.

Ballymac Playzone – Cuts Underway!

Tommy Black, Socialist Party candidate for East Belfast, has today hit out at OFMDFM’s decision to provide the Ballymac Plazone childcare scheme with only 3 months of reduced funding.