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.
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
Excellent blog.
ReplyDeleteAll the problems you mentioned either didn't actually exist a year ago, or were improving. I cannot believe people thought voting Tory would bring any benefit whatsoever.
Unfortunately it was mainly the Lib Dem voters that gifted the Tories their victory.
ReplyDeleteAnother 4 years of this doesn't bear thinking about.
Hopefully the 26th March protest will act as a catalyst to re-politicise people.
http://www.facebook.com/?sk=lf#!/event.php?eid=176812472328977
http://www.tuc.org.uk/theme/index.cfm?theme=alltogetherlanding