The UK Put Austerity On Hold During 2012

So many countries around Europe are feeling the heat of really deep cuts in government spending and people losing their jobs because no-one has the money to keep their consumer led economies going. Up to now the UK has talked about austerity measures and a recovering economy but in comparison to Greece, Spain, Portugal and Ireland the UK is just fine. So why is this? It can't be down to the UK not having the Euro as it's currency as many small minded politicians would have people believe. 

For those who love conspiracies this may sound like common sense, for everyone else it will probably feel very uncomfortable. There was no way the UK government was going to allow the country to suffer the economic pain seen by others during 2012 for two simple reasons - the Queen's Diamond Jubilee and the London Olympics/Paralympics. The rest of the world couldn't see a country of the stature of the UK struggling while staging such significant events. The long-term reputational damage would have been catastrophic.

So what happens next? Well, let's hope for the long-term benefit of the country the cuts start to hit and people start to notice. The danger is that the politicians now believe their own spin and will continue down the same slippery slope hoping to win back their 'jobs' at the next General Election.