Tories Start To Panic.

Defeated over benefit cuts yet again in the House of Lords by a coalition that includes former members of Margaret Thatcher's government and unable anymore to explain away Britain's shrinking economy or blame everyone and everything else, Cameron's coalition government is beginning to slump against the ropes. As the "Guardian" pointed out today they cannot disguise the damage that their austerity drive is doing to the economy, while simply blaming Labour is now shown to be a threadbare excuse with no foundation in truth. How did Labour manage to overcome the economic slump of 2008-09, one of the worst in our history, and yet manage to achieve growth at 2% a year if they were so wrong? And, if the Tories are so right, why has the economy continued to shrink at an alarming rate? Having talked down the economy, made spurious comparisons with Greece, deflated the economy to within an inch of its life and bet on a export-led recovery that was never a realistic prospect, George Osborne has the sheer brassneck to say that he isn't surprised. Not surprised maybe, but he is badly and visibly shaken. So shaken he is now touting the idea of tax cuts. The only question is, who for? Meanwhile Mervyn King is suggesting another round of quantative easing. If that means more money for the banks as Osborne cuts taxes for the rich then we are simply back to square one. Now is the time for a more radical solution if the economy is to be resucitated. How about this George? Cut taxes to those who need it most and, instead of giving billions to the banks, give it to us so we can spend it. Otherwise, move over and let a real government take charge.