The Trades Union Congress (TUC) is organising a protest on 26 March in London against the Coalition Government's programme of spending cuts, and in favour of alternative approaches to rectifying the so-called structural deficit. (See box in the top right-hand corner.)
The essential elements of the TUC's alternatives are:
- a crackdown on tax avoidance
- a Robin Hood tax on banks and finance
- policies and time to let economic growth and full employment raise the tax that will close the deficit
You can read a .pdf setting out the TUC's case more fully here.
Seeing as Mervyn King (ohnot'imagain!) agrees that the public sector is not the underlying cause of the financial crisis, and that it is unfair that those who did not cause it have to pay for it, perhaps we will see him on the 26 March march. What would be extra interesting is to see how the Police respond to the protest now that they too are being told they've got to pay for it through reductions in pay and allowances. Perhaps they'll join the march rather than enkettleify it.