Often "austerity" and the "need" for budget cuts are just excuses to kicks the poors and olds and ram through whatever horrible agenda you wanted to ram through in the first place. But I think the simpleton Gideon Osborne really believes it. He likes kicking the olds and the poors too, but he'll nonetheless be proved fucking right.
Except he won't.
And for some reason Labour is unwilling to just say Shit Is Fucked Up And Bullshit, austerity bites, and we gotta step on the gas.