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Old 26th Mar 2014, 13:25
  #54 (permalink)  
The Old Fat One
 
Join Date: Jan 2008
Location: UK
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S41

I don't think it is political issue and I certainly don't think taxation is going to get close to fixing this problem.

I mentioned the Blair government only because it was them that kicked off a huge increase in public spending as mandated by the electorate (that would be me, you and joe public). Both economics and society has changed since 2008 in the sense that we are better informed and more aware of the ponzi like nature of so much of our public spending. We have seen what happens to countries that effectively go bust and we have made aware of the giant elephant in the room caused by ever increasing longevity.

It does not matter a jot who is in power...we are facing endless austerity to the point where there will be cultural shifts in our economic society.

Bottom line for those on here...defence is going to get relentlessly hammered until somebody starts shooting at us.
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