Today the UK announced tremendous cuts in its overall government. Check out any UK publication for details. Basically, public welfare has been slashed. The Guardian has a great overview of the key points of the cut. What I find most shocking: a 60% cut in public housing and the elimination of almost 500,000 public sector jobs. Astonishing. This is one of the great social experiments of the century. And I fear it will make Thatcherism look like a pure joy.