Posted: 20/10/2014 at 18:10
"We all" err sorry to disagree I haven't taken out a loan or mortgage I couldn't afford....
.... So we (the UK tax payer) had to bail out people who couldn't do simple maths....
I earn X. And I spend X+1 But it's ok cos I will go and borrow the difference from a pay day lender at 2456% and pay that back at 5 bob a month for the next 75 years
If a lot of people hadn't have made bad finansal choose's why did we need to bail out the bank's, Elethant in the room is why did they give them the money as well answer unfortuantly is people got greedy and 30 year's of dereguation. Some of the reguation or right to be ended some of it wasn't. There was a international wide problem of overlending that caused a problem It's not that bank's suddenly decided to set fire to money and then ask for help. If you didn't have any part if that than your one of the lucky and sensible one's, Your also the minority. The uk tax payer didn't bail out the people who couldn't do the math's they bailed out the banker's. There is a joke in there somewhere?
Barlist your right there is a safety net in the country but one of the great achievements or failing's of the last labour govenment's depending on who you ask was to provide support to low income. from houseing, child care all the way to travel bus pass's (althrough major had quite a hand it that to), and not raising the minium wage as much as they might to both give people a leg up and keep business happy. Nearly all of that has been scrapt under the cut back's in spending in recent year's there is growing underclass in this coutry and socail mobility is going back to something similar to what it was before the welfare state was formed that's not just a wishy washy left view that's relality. They talked about it in tory manifestio at the last local election. Question is how do you address it? TUC protest was about one way, one that I agree with to a point if you have better way come on son I'm genuanty interested?
If you think food banks have become popular in recent years just because of free food I'd spend 5 minutes ever in one or talking to someone who's running one because your living in a fantasy.
If you are talking about addressing the national balance and the %'s involved I'm all for it just needs to be basied on ability to pay and not who you can squeue the most.
The national debt was five times higher in 1948 because we had just throught a war, they didn't address this when they set up the welfare state so it's been in debt ever since and will continue to be for the forseeable future. They solved part of the problems of the debt at that time by selling off bit's of land to other countries, granting indepentance to other's and changing the coin's in this country. Slang term for 5p's is silver that's because there used to be real silver in it as a % it was all melted down and sold on. That's just from the top of my head sure better minds than mine can give you a power point presentation of the differences. As well as pointing out that the world was a very different marketplace in 1948.