The sting. How George Osborne is tackling the deficit
Embed from Getty Images We’re all in this together, so David Cameron told us before the 2010 general election. This assertion was received with derision by many outside the Eton-attending classes. And sure enough, when the coalition came to power after the election, the impact of the deficit-reduction measures was felt most keenly by those at the bottom of society. The Treasury explicitly targeted spending cuts over tax rises in the proportion of 80:20. With most government spending being deployed…