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Economists: British austerity hits the poor



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On paper they always make it sound better than reality. Coming to a conservative majority near you.

Osborne had said Wednesday in an address to Parliament that "those with the broadest shoulders should bear the greatest burden," saying Britain's highest earners would be worst affected by the cuts.

But economists and the public disagree, believing the measures will cause most hardship for lower-paid government workers and Britons reliant on welfare checks.

The Institute for Fiscal Studies, an economic think tank, said that — aside from the richest 2 percent of people — most of the pain would be inflicted on working families, the sick and the poor.

"You're really picking on the weakest people in society and it's completely unfair how you're applying these budget cuts," Margaret Lynch, 52, told Prime Minister David Cameron and his deputy, Liberal Democrat leader Nick Clegg, as they defended the plan at a public meeting in Nottingham, in central England.


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