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March 17th, 2013 
FAKE NEWS for the Zionist agenda Osborne, who is expected to unveil his budget on Wednesday, said he will not heed calls for extra borrowing to trigger growth stressing abandoning the current austerity measures would lead to a “disaster”.
The Chancellor wrote in an article for The Sun that the budget will prize the hard-working people, promising to create jobs by cutting tax rates and red tape, backing scientific advance and making Britain a more attractive choice to investors.
“Reducing spending will mean more tough choices in the months ahead… I think the British people know there are no easy answers in today’s world… If there were easy options and miracle cures then of course I would take them, but sadly there aren’t,” Osborne said in the article.
Osborne’s rhetoric comes amid major concerns about the efficiency of his austerity program.
Britain has already faced a shock 1.5 percent fall in manufacturing output in January.
The coalition government billed its £50-billion austerity program, launched in 2010, as a push to decrease the national debt that stands at £1 trillion, equal to 70 percent of the GDP, by 2015.
However, Moody’s credit rating agency said last month that British national debt will rise to 96 percent of the GDP by 2016, undermining government claims that the austerity is moving toward its stated goal of reducing national deficit.
AMR/HE
Source Article from http://www.presstv.ir/detail/2013/03/17/294002/uk-public-face-tougher-times-chancellor/
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