Reino Unido reduzirá assistencia social em 10 bilhões de Libras

POR LUIS MIRANDA | THE REAL AGENDA | OUTUBRO 9, 2012

O Ministro Britânico da Economia, George Osborne, disse segunda-feira que planeja cortar mais 10 mil milhões de libras em gastos, reduzindo benefícios sociais para 2016-17. Osborne disse que o objetivo é reduzir o déficit.

Falando para uma platéia de Tories, Osborne disse que quer eliminar as ajudas para muitas famílias e eliminar os subsídios habitacionais para as pessoas que estão com menos de 25 anos de idade.

Estes cortes seriam adicionados a uma redução de 18 mil milhões de libras removidos das contas do governo através da aprovação de um projeto de lei anunciado em 2010, afetando as pensões e subsídios e levou à demissão de centenas de milhares de trabalhadores do setor público.

Em seu discurso aos militantes Tories, com quem ele conversou durante a Conferência Anual do Partido Conservador, o Ministro da Economia insistiu que enquanto as pessoas ricas têm de suportar o peso da crise, é “justo” que os cortes sejam distribuídos por toda a população, incluindo os cidadãos que dependem do Estado. Osborne recusou-se em várias ocasiões a impor impostos mais elevados sobre os mais ricos do Reino Unido.

Ele prometeu, no entanto, que limitaria os subsídios dados aos cidadãos que recebem benefícios,bem como o apoio dado aos desempregados, jovens, mães solteiras, as famílias com baixa renda, para que essas pessoas não recebam mais ajuda que aqueles que saem em busca de trabalho.

O anúncio de Osborne sobre a redução de benefícios sociais foi imediatamente criticada por grupos de dependentes, enquanto o ministro descartou aumentar os impostos sobre aqueles que ganham mais. Como é que os mais ricos sofrerão o maior impacto da crise, então?

Ele também rejeitou a ideia de um novo imposto sobre mansões com valores maiores a 2 milhões de libras, uma idéia introduzida pela primeira vez pelos Liberais Democratas, parceiros na coalizão de governo.

O ministro alertou que irá combater a evasão fiscal, a fim de aumentar a receita do governo. Ele disse que vai lutar “sem misericórdia” contra a evasão fiscal e penalizar aqueles que tentem fugir do pagamento através de manobras contábeis.

“Vamos terminar o que começamos”, disse Osborne para seus aliados de partido, enquanto lembrou a multidão sobre o plano do governo para reduzir o déficit e a dívida, as quais ele  associou com o corte de ajuda aos mais necessitados, enquanto que o tamanho do governo permanece o mesmo.

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Austeridad en el Reino Unido cortará 10 billones de Libras en Beneficios Sociales

POR LUIS MIRANDA | THE REAL AGENDA | OCTUBRE 9, 2012

El ministro británico de Economía, George Osborne, dijo el lunes que tiene la intención de recortar otros 10.000 millones de libras en el gasto mediante la reducción de las prestaciones sociales para 2016-17. Osborne dijo que el objetivo es reducir el déficit.

Al hablar a una audiencia de Tories, Osborne dijo que quiere eliminar la ayuda a numerosas familias y eliminar subsidios de vivienda para las personas que son menores de 25 años de edad.

Estos recortes se sumarían a la reducción de 18.000 millones de libras eliminados de las cuentas del gobierno a través de la aprobación de un proyecto de ley anunciado en 2010, que afectó a las pensiones y los subsidios y ha significado el despido de cientos de miles de trabajadores del sector público.

En su discurso ante los militantes Tories, con quienes se reunió durante la Conferencia Anual del Partido Conservador, el ministro de Economía insistió en decir que si bien las personas más ricas deben soportar el peso de la crisis, también es “justo” que los recortes se distribuyan a lo largo de toda la población, incluyendo a los ciudadanos que dependen de los programas patrocinados por el Estado. Osborne se negó en varias ocasiones a imponer mayores impuestos a los más ricos en el Reino Unido.

Prometió sin embargo, que limitará el ingreso de los ciudadanos que reciben prestaciones sociales, así como la ayuda dada a los desempleados, los jóvenes, las madres solteras, los discapacitados y las familias de bajos ingresos, por lo que estas personas no recibieran más ayuda que los que salen a buscar trabajo.

El anuncio de Osborne sobre la reducción de las prestaciones sociales fue criticado inmediatamente por los grupos de dependientes, mientras que el ministro dijo que se descarta subir los impuestos a las rentas altas. ¿Cómo es que los más ricos van a soportar el peso de la crisis, entonces?

También descartó la idea de un nuevo impuesto a las mansiones de más de dos millones de libras, una idea introducida por primera vez por los demócratas liberales, socios en la coalición de gobierno.

El ministro advirtió a la gente que iba a combatir el fraude fiscal con el fin de aumentar los ingresos. Él dijo que iba a luchar “sin piedad” contra la evasión de impuestos y penalizar a los que intentan evadir el pago por medio de maniobras contables.

“Vamos a terminar lo que empezamos”, dijo Osborne a sus aliados compañeros de partido, mientras recordó a la multitud sobre el plan del gobierno para reducir el déficit y la deuda, el cual él asocia a cortar la ayuda a las personas más necesitadas, mientras que el tamaño del gobierno sigue siendo el mismo.

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UK Austerity to cut 10 billion pounds in Social Benefits

By LUIS MIRANDA | THE REAL AGENDA | OCTOBER 9, 2012

The British Minister of Economy, George Osborne, said Monday that he intends to cut another 10,000 million pounds in spending by cutting the expenses on social benefits by 2016-17. Osborne said the goal is to reduce the deficit.

While speaking to a crowd of Tories, Osborne said that he wants to eliminate aid to large families and housing subsidies for people who are under 25 years of age.

These cuts would be in addition to the reduction of 18,000 million pounds taken from government obligations through the approval of a bill announced in 2010, which affected pensions and subsidies and has involved hundreds of thousands of layoffs in the public sector.

In his speech to the militants “Tories” who met during the annual Conservative Party gathering, the Minister of Economy insisted on saying that while the wealthiest people should bear the  brunt of the crisis, it is also “fair” that the cuts are distributed throughout the whole population, including citizens who are dependent on state-sponsored programs. Osborne refused in multiple occasions to impose higher taxes on the richest people in the UK.

He promised however, to limit the income of citizens receiving social benefits, as well as aid given to the unemployed, the young, single mothers, disabled and low-income families; so that these people do not receive anymore help than those who go out looking for work.

Osborne announcement of the reduction of social benefits was immediately received with criticism dependent groups, while the minister said he will rule out raising taxes on high incomes. How is it that the wealthiest will bear their brunt of the crisis then?

He also dismissed the idea of ​​a new tax on mansions of more than two million pounds (2.47 billion euros), an idea first introduced by the Liberal Democrats, partners in the coalition government.

The minister warned the people that he would combat tax evasion in order to increase revenues. He said that he would fight “mercilessly” tax evasion and penalize those who attempt to evade payment by way of accounting maneuvers.

“We will finish what we started,” Osborne said to his fellow party allies, as he reminded the crowd about the government’s plan to reduce the deficit and debt which he associated with cutting help to the neediest people, while the size of government remains the same.

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US faces same problems as Greece

UK Telegraph

Mervyn King, Governor of the Bank of England, fears that America shares many of the same fiscal problems currently hauntingUSEurope. He also believes that European Union must become a federalised fiscal union (in other words with central power to tax and spend) if it is to survive. Just two of the nuggets from one of the most extraordinary press conferences I have been to at the Bank.

What with all the excitement yesterday over our new Government, I never had time to remark on the Inflation Report press conference. Most of our attention was on what King said about the Government’s fiscal plans (a ringing endorsement). But, as Jeremy Warner has written in today’s paper, it was as if King had suddenly been unleashed. Bear in mind King is usually one of the most guarded policymakers in both British and central banking circles. Not yesterday.

It isn’t often one has the opportunity to get such a blunt and straightforward insight into the thoughts of one of the world’s leading economic players. Most of this stuff usually stays behind closed doors, so it’s worth taking note of. And I suspect that while George Osborne will have been happy to hear his endorsement of the new Government’s policies, Barack Obama and the European leaders will have been far less pleased with his frank comments on their predicament.
The transcript and video are online at the Bank’s website, but below are the extended highlights, all emphasis mine. Well worth checking out.

America, and many other large economies including the UK, share some of the same problems as Greece with its public finances:

Every country around the world is in a similar position, even the United States; the world’s largest economy has a very large fiscal deficit.And one of the concerns in financial markets is clearly – how will this enormous stock of public debt be reduced over the next few years? And it’s very important that governments, both here and elsewhere, get to grips with this problem, have a clear approach and a very clear and credible approach to reducing the size of those deficits over, in our case, the lifetime of this parliament, in order to convince markets that they should be willing to continue to finance the very large sums of money that will be needed to be raised from financial markets over the next few years, at reasonable interest rates.

On why Europe will have to become a federalised fiscal union:

I do not want to comment on a particular measure by a particular country, but I do want to suggest that within the Euro Area it’s become very clear that there is a need for a fiscal union to make the Monetary Union work. But if that is to happen there needs to be also a mechanism to enable other countries that have lost competitiveness to regain competitiveness. That requires actions, probably structural reforms, changes in wages and prices, in the countries that need to regain competitiveness. But it also needs a solid and expansionary state of domestic demand in the stronger economies in Europe.

On the deficit:

The most important thing now is for the new government to deal with the challenge of the fiscal deficit. It is the single most pressing problem facing the United Kingdom; it will take a full parliament to deal with, and it is very important that measures are taken straight away to demonstrate the seriousness and the credibility of the commitment to dealing with that deficit.

Why it is right that the Government wants to cut spending as soon as this year:

We see the recovery beginning to take place, and we expect that the pace of that recovery will pick up. But we’ve also seen the market response in the past two weeks, where major investors around the world are asking themselves questions about the interest rate at which they are prepared to finance trillions of pounds of money that will need to be raised on financial markets in the next two to three years, to finance government requirements around the world. And that I think has been a sobering reflection of what can happen if you don’t make very clear at the outset – I think markets were not expecting any action before the election. After the election they need and they want a very clear, strong signal and evidence of the determination to make it work.

And I think that it’s quite difficult to make credible a commitment to fiscal consolidation if all the measures are somehow in the future. You need to start and get on with it….

More…