The contested details of the latest proposals from the UK Chancellor are only partly illustrative of the momentous economic challenge that lies behind and beyond the Budget, says Simon Barrow. Right now the entire system based at Westminster is failing adequately to comprehend and address, let alone tackle, the really big issues in which economics is a major factor.
As usual, Ekklesia will offer running budget comment, analysis and response (http://www.ekklesia.co.uk/budget2014) today and tomorrow (19-20 March 2014) - highlighting especially the moral and social issues, alternative economic perspectives, the response of charities, NGOs and faith groups, and emerging policy questions.
UK chancellor George Osborne is using divide-and-rule tactics to try to push through further cuts of around £25 billion over two years by 2017-18. This includes £12 billion in social security reductions. The poorest will be worst affected but, if he gets his way, many others currently struggling to cope with sharply rising prices and rents will be hit.