As the WorldCup kicks off does the spending cuts also start

As the new Conservative / Liberal Democrat government start talking about saving money. Cutting the benefits for the poor and protecting the rich, how will this effect the everyday person.

Also American president Barack Obama starts his budget cutting - who really will be the looses.

Al the British government states it will remove or reduce child care benefits, maternity payments and child support - does this new government really care about the really people the voters.

As the price of living increases, as big business needs to increase its profits for its share holders, who are the people that are going to take the strain of the increase the very people who can't afford to.

As the new government protects the rich from any increase in tax or vat all the funding will have to come of the poor. Increasing VAT and maybe the the worse move any government could ever make at VAT onto food, how is this ever going to help the poorest family. The poorest family's will then require more state funding (which I don't think the government will pay) maybe the government should review the disability funding.

Who gets free bus passes (that we all pay for) who gets free prescriptions - Why do pregnant single mothers that work get penalised by the government.

If the government increased the basic tax rate by 2 p this would make the government billions of pounds, but the government is scarred of increasing taxes.

Written by Nathan Blakeley

Unemployment hits 9.5 percent in U.S.

Employers cut more jobs in the U.S. in June causing unemployment to rise to 9.5 percent from 9.4 percent in May, the highest since August 1983.

The Labor Department report shows that in June employers slashed 467,000 jobs and hourly earnings were flat. In May the economy lost 322,000 jobs.

Factory payrolls fell by 136,000 after decreasing 156,000 the prior month. Payrolls at builders fell 79,000 after decreasing 48,000.

read full article at Buffalo Business First