In a clear statement David Cameron in the leaders debate has issued a clear warning that small printshops will face a big attack if the Tories win the election. Asked to give examples of what the Tories would cut, he gave as one example stopping the glossy leaflets that Councils send out.
As many small printshops depend on work from local Councils who commision them to produce these glossy leaflets, they would face a big rduction in their regular work. Thousands of these printshops would be affected, putting hundreds of workers jobs at risk in these small printshops. In addition these printshops would then reduce their orders to paper suppliers, ink suppliers, printing amchine suppliers and so on. The workers in these printshops who lost their jobs would be throwwn on the dole, and would become a burden on the taxpayer. They would no longer be paying tax increasing the Public sector debt further. In addition the small business that rely on the spending of these workers would also suffer.
That is just one small example of the damage that the Tories plan to impose on the economy by their reckless polcies of spending cuts. In reality as the Institute For Fiscal Studies set out this week, the implications of the Tories spending cuts plans would mean a bigger attack on spending, and therefore on workers living standards and the serices they rely on, than at any time since the Second World War. If we take that into consideration we can see that the Tories proposals, as some economists set out in the Financial Times made clear the other week, would result in tens of thousands of job losses, which would necessarily throw the economy back into a recession possibly worse thaan thaat from which we have just emerged.
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