Public sector expenditure cuts are on the horizon.

In the United Kingdom public sector expenditure cuts are on the horizon. David Cameron, the Tory leader, has finally got a grudging admission from British premier Gordon Brown. There was a thoughtful article in today's Daily Telegraph, which argued that the main problem is collapsing tax revenues. Currently, benefits outstrip
income tax revenues but I don't know if Labour will get away with their trick in
2005 of winning the election then sharply increasing stealth taxes.
I think UK Chancellor Alistair Darling is praying for a quick end to the recession but he is not helping his reputation for honesty by not having a comprehensive spending review.
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To be fair to the UK, other countries are in similar situations such as Spain, Greece
and Italy. In Ireland, there have been tough spending cuts. However, we are in electoral limbo and this is exacerbated by Gordon Brown's seeming determination to struggle on until 2010. This is too long given the cabinet's propensity to implode.
I don't think we can have another ministerial reshuffle. An October general election might be better for Labour.
Also, Shadow Chancellor George Osborne might find it difficult to promote austerity measures when it is perceived he comes from quite a privileged background. Labour will be relentless about Old Etonians, investment versus spending cuts and the fact that some Tory policies don't stack up. Apparently, its educational policy is quietly
collapsing.