look, this is it....
and thats my pont, people believe they are due something for nothing, people want lower taxes but want more credits and freebies, im not blaming this govenment or the previous one, but every govenment for the last 60 odd years has been buying votes with freebies, but all that costs money which is taken out of the private sector, which reduces the private sector and there by reduces income, meanwhile the public sector is increasing in size and sucking more money out,
This deficit you keep hearing isnt our countrys debt, its the amount added to our debt every year, fill up your kitchen sink with water, and drop a egg cup more in to it,
that is what the deficit /added to debt looks like
It Is something like 4 or 5 Trillion pounds total debt including pensions and what not
or
£4,000,000,000,000.00 - £5,000,000,000,000.00
So lets assume that they do make 20Billion worth of saveings, our debt is still going to go up because we would still be borrowing 140billion a year, its not hard to imagin
if you take out a loan for £40,000, then add up your income, take away all your bills including the intrest on that loan, you will be overdrawn by £1,600 each and every year
no person would be daft enough to keep that up, so you would have to cut back on your bills, or increase your income, increasing income means tax which will actual hurts the amount of tax you would get (im saving money on petrol because its to expencive to buy so im not buying any petrol, ie no tax at all) or reducing our bills, which means no more freebies and reckless waste