Monday, July 1, 2013

UK austerity: ‘Diverting money from poor to rich under guise of economic crisis’


'The UK’s austerity policy is ideologically driven and is aimed at diverting finance from the poor to the rich under the pretext of the economic crisis, writer John Wight told RT.

Britain's Chancellor of the Exchequer George Osborne is announcing billions more in the government spending cuts while austerity measures are already biting for many people across the UK.

Osborne claimed that British economy is “out of intensive care.” RT asked Wight if he thinks that is really the case.'