Reply To: UK Gov’t Massaging Important Facts

#86518

Anonymous
Participant

As the cost of providing benefits to the growing numbers of unemployed escalate, bailing out the odd institution here and there, and reduced revenue from taxes, the public sector net borrowing/cash requirement will grow at alarming rates, to plug the gap both individual and corperation tax will increase and the investment you discuss will start to dry up. Businesses will fold unemployment will rise, tax revenues will fall further and the same spiral that brought us here will take us all the way back down.