Time to abandon austerity
Column published in Llanelli Herald on 8th November 2017
Securing economic growth in Llanelli, when we are
living through such unpredictable times, is one of the greatest challenges
facing me as an Assembly Member.
One of the things I’ve argued for is something
called the ‘Foundational Economy’, or put another way, looking after what we’ve
got on our doorstep: the industries and businesses that are there because
people are there. The food we eat, the homes we live in, the energy we use and
the care we receive.
This isn’t a small part of our economy. It accounts
for four in ten jobs, and £1 in every three that we spend.
With that in mind, it makes sense to me that to
stimulate our economy, we need to strengthen our public services and make smart
investments in our communities.
But this isn’t happening. Instead of investment, we
have had seven years of austerity - the longest period of sustained cut-backs
that I’ve witnessed in my lifetime. And despite the hardship this has inflicted
- often on the most vulnerable people in our society - there’s little to show
for it.
We have schools here in Llanelli that have had to
cut their staff, increase their class sizes and have been reduced to asking
parents for money to provide essential equipment.
Many of our community centres are having to close
their doors because of a near-constant cycle of cuts.
Essential public services - our fire service,
police and health - have been guilty of not paying their own staff enough to put
food on their family dinner tables.
When I speak to the people bearing the brunt
of this unfair and unnecessary policy, it is clear to me that it needs to
be abandoned. But the UK Government disagree. Instead of abandoning austerity,
they’re planning on extending it even further. And the UK Treasury is
apparently gearing up to inflict a further £3.5 billion of unallocated cuts in
2019-20. This could mean Wales is faced with another £175 million budget hole.
The threat of yet more cuts makes it increasingly
difficult for the Welsh Government to mitigate the worst effects. I don’t know
how our public services will cope if the hammer of £175 million does fall. And
I don’t know how anyone can justify asking them to do so.
The UK Tory party needs to abandon its obsession
with cut-backs. There is an alternative to austerity - looking for
opportunities for growth and developing an investment strategy that will work
for our communities.
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