On publication of ‘A Budget for Jobs’, the Scottish Trades Union Congress (STUC) 2009 Budget Submission, Grahame Smith, STUC General Secretary said:
“The STUC believes that the G20 agreement represents real progress in many areas. However, we were deeply disappointed that it was insufficient in the crucial area of sustaining global demand. That is why the STUC is arguing for Budget 2009 to bring forward a substantial fiscal stimulus and for UK ministers to continue pressing international partners for further action.
“The STUC’s Budget Submission calls for a fiscal stimulus of around 2% of GDP to bring the UK in line with the international average. This should focus on tax cuts for low paid workers, benefit increases, public works programmes, short-time working incentives and enhanced support for the unemployed. These measures will provide direct support for those hit hardest by recession, boost demand and help prepare the economy for the challenges of the future.
“Co-ordinated global action would have been fairer and more effective but in its absence the UK Government must act. As Scotland learned in the 1980s and 1990s, the cost of doing nothing will be massive in human and economic terms. The mistakes of the past must not be repeated”.
For further information contact
Stephen Boyd Assistant Secretary STUC 0141 337 8100