Poor Families Are Not Responsible for UK National Debt

Many of the swingeing cuts outlined by the coalition government in the UK on Wednesday 20th October disproportionately affect the poor - particularly families. Welfare cuts, housing benefit cuts, social housing cuts, targeting of tax credits, imposition of higher fees for further education - all conspire to make poor people pay a higher price for UK debt, which was brought about by reckless gambling with the public purse by the financial sector - ie the rich and powerful in society.

This Tory led coalition government is more concerned with disabling the power of the state and creating a privatised economy than with paying off the national debt in an equitable manner.