It’s been obvious for a long while now and you can see from the figures that the revolution of Thatcher was not some much a revolution but an escalation of an existing problem, Thatcher, Major, Blair, Brown and Cameron have all carried on playing the same stupid game, high borrowing and the failed experiment with trickledown economics, wealth trickles up and sideways before it can trickledown. What this video fails to mention is that the globalisation of the labour market, the unbalancing of our economy and the failure to control the gap between rich and poor, has lead to high levels of unemployment and low wages, the net effect of which is to put less money into the system than comes out, in addition to that the well off are finding more and more ways to pay less or no tax making matters far worse. An economic system is a pyramid, what we have done since the 1980 is sink the base of the pyramid below sea level, 10 million plus working age people are taking out of the system on a day to day basis because they don’t earn a living wage, tax rates for the better off have fallen even for those not simply finding ways to avoid paying completely, these people are right it’s going to end in disaster.info.moneyweek/urgent-bulletins/the-end-of-britain-video-2/
Posted on: Wed, 13 Nov 2013 10:39:07 +0000
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