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By BAE Systems Plc

GMB: Osborne’s Budget lunacy

GMB

1 min read Partner content

Trade union GMB has said that the Chancellor George Osborne’s economic plans are “lunacy”.

It called on the electorate to “punish” coalition parties at the local council elections in May.

General Secretary Paul Kenny said:

“The Tory/Liberal government has not pulled off ‘mission impossible’, which is to deflate the economy to growth and a balanced budget.

“Osborne sticking to plan A after three years fits Einstein's definition of insanity which is doing the same thing over and over again and expecting different results.

“The US, which did not embrace such folly, has recovered. The recovery underway in the UK was derailed by this reckless stupidity.

“At the local elections in May the electorate must punish the two coalition parties for this lunacy.”

Mr Osborne said today he is “doing the hard work to reduce current spending”.

“We’ve set out a tough package to raise money from tax avoiders,” he said.

“And that means that with this Budget we can stick to the path of deficit reduction, increase capital spending, and still find ways to help families.”

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