and create jobs'. oriented to helping however, had no creating jobs.
By term financial that unemployment is ted, were to mechanism into the determination slave-labour mechanism for through the pressure of mass unemployther 10 per cent cut in wages.
of 100,000 'community jobs' plays an exactly similar role to his youth schemes.
hand-outs to industry. The main items were:
*E1bn from the one per cent cut in national insurance surcharge *E250 subsidy through and coal charge reductions.
0.4 per cent who run industry who earn more than £27,750 a year. He had handed out £344m to those in his previous budgets. In fact he promised those people more presents. £500m more property is to be sold off to those sharks at bargain basement prices. For the rest of us taxation was increased.
about 14 per cent was presented as a generous gesture. But the extra £1.50 for the single person and the £1.79 for the married man that this could mean will be almost exactly matched by the higher national insurance now come into effect - imposed at the time of the 'mini' budget last November.
Overall, therefore, total stoppages continue to show an increase from just over a quarter of take home pay when the Tories came into office to nearly one third now.
If you would like to be put in touch with Socialist Challenge supporters in your area or would like more information fill in the form below Name Address Age..
Union/CLP (if any).
Send to: Socialist Challenge, London N1 2XP.
Socialist Challenge 11 March 1982 page 2 The Chancellor Sir Geoffrey Howe dubbed his budget as one 'to help industry It certainly was industry. This, connection maintaining the same mediumstrategy. Howe knows bound to continue to increase. And this is what he He gave the game away with his talk in his budget speech about the purpose of his youth schemes. These, he admit'introduce market wage rates'. In other words, to use the wages for youth as a cutting wage rates ment. As his favourite economic agency, the London Business School, recently argued the Tories are aiming for a furHis pathetic proposal for the creation Talk of creating jobs is just a cover for gas, electricity Chancellor Howe left untouched the those Amersham-type of nationalised His raising of the tax threshold by contributions that PO Box 50, SUPPORT is growing for the 2000 Islington the home was somewhat different.
Those who bothered to listen to the
----- pull-quotes -----
JOIN THE FIGHT FOR SOCIALISM