Saturday, May 14, 2011

FINE WORDS AND HARSH REALITY

Politicians are wonderful at coining words at election times but a little less wonderful on delivering on electoral promises. Mr. Cameron has promised us all a wonderful future in his "Big Society", but we should be aware of the outcome of Mrs. Thatcher's promised "Property-owning democracy". "The number of homes repossessed in Britain increased by 15 per cent in the first quarter of the year as unemployment and the cost of living continued to rise. The Council of Mortgage Lenders said that 9,000 homes were repossessed in the first three months of this year compared with 7,000 in the final quarter of last year." (Times, 13 May) Rising unemployment and homelessness - a strange sort of property-owning democracy. RD

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