Wednesday, September 16, 2009

Vote Tory get defence cuts?

George Osborne, the man who would be the next Chancellor, has said that if the Tories win the next election they would hold an emergency budget within weeks and there would have to be big cuts in spending. Of course the defence budget is always the easiest target and Osborne pointed to Eurofighter, A400M and CVF as being prime candidates for cuts.

But he did admit that he did not know what penalty clauses were in place if he did cancel these projects so his plans are rather moot. Added to that much of these projects has already been paid for, 25% of A400M for example, most of the Eurofighter and CVF has already begun construction. Are they really going to stop a major industrial project in a recession? So basically... blah blah!

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