- Aug 20, 2000
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What can really said but about time and other nations in fiscal trouble should follow suit?
Lessons from David Cameron
Fade Britannia
Foreign Policy: Goodbye To Britain's Defense Budget
Lessons from David Cameron
[The] British Conservatives in their sell-out coalition with the Liberals have unveiled budget cuts on a scale to overawe Ronald Reagan and dazzle Margaret Thatcher.
Some 490,000 government jobs will be cut.
The qualification age for a government pension will rise to 66.
Benefits for workers claiming to be too sick to work will be time-limited.
Local governments will have to cut their budgets by 7.1 percent each year for the next four years.
Public-sector workers will have to contribute more of their earnings to their pension plans.
The social housing budget will be cut by 60 percent.
Families earning more than the average income will lose their weekly cash child benefit.
Fade Britannia
Britains plans to build new submarines to carry its nuclear strike force of 160 missiles has been delayed until 2016 at the earliest (after the next election, in other words) and it will reduce its stockpile of nuclear warheads to 120, a cut of 25%.
...
The Royal Navy and the RAF are both losing 5,000 men. The planned purchase of F-35 fighters will be cut from almost 140 to just 38 (other sources say 50, but thats still a deep cut). RAF refuelling and reconnaissance capabilities will be trimmed.
The Navy will see its flagship aircraft carrier retired within months, and while two new carriers will be built, one will be immediately mothballed and put in reserve, leaving Britain with one modern carrier.
There are similar cuts planned for the Army, which will lose 7,000 soldiers, 40% of its tanks and over a third of its heavy artillery. According to British press coverage, this will effectively reduce the deployable combat power of the Army by one-sixth.
There will be non-tactical effects as well, including 25,000 civilian jobs being axed and the planned closure of as-yet unidentified military bases, which will obviously devastate local communities.
Foreign Policy: Goodbye To Britain's Defense Budget
Cameron said there would be no impact on the funding for forces fighting in Afghanistan, but he did go on to announce significant cuts in military capability. There will be manpower cuts in the Army, Navy, and Air Force totaling 17,000 personnel.
The 20,000 British troops still based in Germany 20 years after the collapse of the Soviet Union will be brought home and the Army will have fewer heavy tanks and artillery.
