One thing the survey clearly shows is that the personal impact of the credit crisis, regardless of age, family status or profession, is significant and that many people are cutting back on spending or are deeply worried about the immediate future. I got the impression on the phone last night that people were not fooled by the Budget and if anything resent politicians trying to pull the wool over their eyes about how much the ordinary taxpayer is going to have to pay to get the country out of this mess. It has hardly gone unnoticed that petrol prices are creeping up again and even the cheaper stations don't feel that cheap anymore!
Of course, if the Conservatives had given this Budget, we would have got a grip on government spending and used the savings to introduce real help now for families and pensioners such as
- Freezing council tax for two years, worth over £200 for the typical family.
- Abolishing income tax on savings for all basic rate taxpayers, worth up to £7,200 a year and,
- Raising the income tax threshold for pensioners, worth up to £400 a year.
I think most people are realising that yet again, as with every previous Labour Government, the Conservatives will tackle Labour's debt crisis and deliver economic change for Britain.