Anyone for revolution?
In the past year, the combined riches of the UK's top 1% have increased by 20%.
One of the reasons for the rich's superb annual return is that they are being used by the govt to pay for essential work within the public sector, eg. new NHS hospitals, schools, care homes etc., under the Private Fund Initiative (PFI). These schemes are highly lucrative for private investors and many make annual returns of around 70% of their investment.
The long-term effects of these investments will drain the public purse before the financial year has even started, leaving the rest of us to pick up the bill through govt cuts, VAT rises and general increases in the cost of living.
It's thought that this 20% increase to the top 1% equals the entire national deficit, so wouldn't it be the right thing to do for the govt to take it back from them? After all, most of the money was generated from the govt.
With only 10% of the cuts initiated and another 90% to come, wouldn't this measure show that we are, in truth, in this together?
The cuts to come will put many lives at risk but the govt only seems to want to please and appease the rich, preferring to hit the poor with family tax credit cuts, granny taxes, hikes on stamps and gas, and now the size of children's school lunches is to be reduced to save money.
The govt's time is up. They're like little boys in the playground borrowing money from the big boys to pay for sweets so that they can sell them on at a profit to their friends.
Sickmaking, disgraceful and entirely unlawful.
Keep Smiling
Keep Writing xxx