The way I see it is: (and please correct me, because I really haven't been paying any attention to much of this!)
- The government is in a huge amount of debt (bit of an understatement)
- Business' are going bust (so less tax is being made from business')
- Thousands of people are being made redundant (less tax being received)
- Thousands are loosing their homes (less council tax and banks loosing even more money on negative equity mortgages)
- More and more people are signing on and claiming employment benefits (doll)
- More and more people are claiming housing benefits
- There is no incentives to put money into the bank and save, as interest rates are sh*t
Surely this will just keep getting worse and worse???
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