New Cut The Debt site launches

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On the internet there is an awful lot of content in opposition to the government’s spending cuts. It is a pleasant surprise therefore to see content emerge that bucks the trend and comes out in support of the impending cuts, even arguing for greater haste and rigour to cut the national debt. Cut The Debt is one such site, founded by a local group of Tooting residents that felt so strongly about the government’s cuts agenda that they started their own campaign. They believe that the cuts are actually happening too slowly or, as the group’s leader Mike Vessey argues, are not actually happening at all. 

Over at cutthedebt.co.uk their mantra is one of fiscal responsibility in order to create a “fair society, that rewards work and enterprise, protects the most vulnerable and doesn’t load debt onto the future generation”. The modus operandi of their philosophy of economic prudence is enshrined in their Cut the Debt Charter for Change, outlined in six key points:

1.     Balance income and expenditure.
2.     Make taxes simple, transparent and impossible to avoid.
3.     Stop off-balance-sheet accounting.
4.     Treat all businesses equally and fairly.
5.     Don’t penalise workers to pay for the lazy.
6.     Let capitalism work.

For those advocating the elimination of the crushing national debt Britain has been left with, sites such as this provide a welcome respite from the incessant squeals of the ‘deficit-deniers.’ Furthermore, Cut The Debt seek to not just support the government, but to pressure them to step up the intensity and efficiency of the cuts in public spending. Mike Vessey, one of the site’s founders, claims that this year “the government will actually spend more, even adjusted for inflation, than in 2010. The cuts are a myth.” The site also keeps track of the opposition campaigns such as ‘Stop the Cuts’ and ‘UK Uncut’ and provides a reasoned yet passionate alternative.

The final charter will be presented to politicians along with the petition, which, Mike says, will help balance out the very vocal message from anti-cuts campaigners.

There is a good deal of news, analysis and comment on the economic stories of the day. For example, there is currently a good article up on the ‘Robin Hood tax’ that Sarkozy and Merkel, or ‘Merkozy’ appear to want to inflict upon theunfortunate people of Europe.

Whatever you stance on the cuts, the forums on this site are likely to be heated and lively, with a blend of passionate arguments from both sides. Visit the site at www.cutthedebt.co.uk.

By Thomas Hugh Critchley