Wednesday 26 January 2011

UK TODAY - Where is the good news?

Unemployment rising :
means less tax revenue to the exchequer.
means rising social security benefit bill for the exchequer.
means larger budget deficit.
means social decay / disorder.

Inflation rising:
means reduced economic activity.
means risks to businesses.
means unemployment.
means less tax revenue to the exchequer.
means rising social security benefit bill for the exchequer.
means larger budget deficit.
means social decay / disorder.

Taxes rising:
VAT at its highest ever level at 20%. It never comes down.
National insurance rising in April.
means reduced economic activity.
means risks to businesses.
means unemployment.
means less tax revenue to the exchequer.
means rising social security benefit bill for the exchequer.
means larger budget deficit.
means social decay / disorder.

Public Services being cut:
means less services.
means unemployment.
means less tax revenue to the exchequer.
means rising social security benefit bill for the exchequer.
means larger budget deficit.
means social decay / disorder.
.
Rising education costs:
means high debt for young adults.
means less graduates.
means less skilled workforce.
means lower wages.
means less tax revenue to the exchequer.
means rising social security benefit bill for the exchequer.
means larger budget deficit.
means social decay / disorder.

Vicious Circle = Vicious Government