Student fee 'savings' will fund windmills in Africa
http://www.telegraph.co.uk/comment/c...in-Africa.html
Student fee 'savings' will fund windmills in Africa
The £2.9 billion the Government will save by increasing tuition fees matches the amount earmarked for a global warming project, finds Christopher Booker.
Quote:
Originally Posted by Christopher Booker
The cause of the major political story of last week – the row over tuition fees, students rioting and all – was, as we all know, “public spending cuts”. But how much money does the Government actually hope to save on tuition fees? If the immediate problem is our massive state deficit, it seems odd that the Government should risk such unpopularity, not for any immediate saving, but in the hope that it will get the money back over the next 30 years, as students can afford to repay it.
In the short term, the Government’s own projection as to how much it will save is that the funding of university tuition will be cut by £2.9 billion by 2014. As it happens, £2.9 billion is the sum ring-fenced, by the same public spending review, to be given to developing countries to help them fight global warming with windmills and solar panels. It is also slightly less than the £3 billion by which our public debt is rising every week. These much-vaunted “cuts” are not all we are led to believe.
I remember reading just after the 'cuts' were announced (which we do need as we have a debt of nearly £7tn and growing) that infact, there are no cuts - the debt is due to continue rising and all these cuts amount to is a shift of government spending priorities. The thread got little attention and died amid the flurry of argument over cuts and where they should fall.
Well yesterday I was looking around again and watched a piece by economist Jim Rogers who did a video with his thoughts on Britain and its debt outlook going into the future. He confirmed what I had read which is that there are no 'cuts' in government expenditure and that government expenditure is actually due to rise by a considerable amount for the 2014/15 period.
Now even if this government was cutting to get the debt down (which it is not, as the figures show) I would still be asking why we are cutting things such as education and so forth rather than cutting foreign aid (£10bn+), EU direct contributions (£10bn+) or the climate change bill (£18bn+) - all of these are what we spend every year on what most normal-minded people would consider a total waste of their money and thats not to mention the costs of the legislation that derives from all that.
But the fact is that its not even due to make an impact on our debt, our debt is due to continue to rise yet home fronts are being cut back and we are being charged more, for less of a service while money of literally thrown away on the wasteful and greedy European Union, the non-problem of global warming and foreign aid to third world tinpot countries. But for the sake of party politics, the Liberal Democrats and the Conservative Party are pretending to be cutting (when infact merely doing what Labour did while in office concerning budgets) and Labour are pretending to be opposing these 'cuts' when infact there are none.
We need major cuts period. It is economic reality that one day this ever-rising bill will need to be paid back by everyone in this country and we risk going bankrupt, throwing more money away every year on interest payments (we now already spend more on paying back debt interest than we do on the entire education budget in this country). But these are no cuts, we are essentially in the same status quo - only with a new angle of pretence placed upon us all.
We are being conned.
Thoughts?
