Britain has stopped working. You see, if you or I had no job and no income, we would still need to live. Now let’s assume that you had plenty of money in the bank account. After all, like Britain, you have worked most of your life so it stands to reason that you will have some savings of some kind.
Well, this is exactly what has happened with the UK. In the past we had a big industrial economy. We sold goods to the world, which brought in lots of money and as a result we were big and powerful. But there was a problem, the unions – realising how much money Britain was making – decided that they wanted a larger slice of the pie, so they went on strike, nearly crippled the economy and Thatcher had to knock them down to size. Sadly though, in doing so, she also destroyed what was left of Britain’s industrial power house.
So there Britain was; out of work, but luckily enough, out of work with a healthy bank balance. Over the next few years however Britain brought everything from the world. We stopped making stuff ourselves, stopped selling stuff to the world and stopped earning money…we just spent. But never mind, our people still had jobs…albeit jobs with foreign companies who sent all of their profits back to their families. And so, when the money ran out, we raided the overdraft.
Don’t worry though; we have Gordon Brown, the UK’s most successful Chancellor of the Exchequer in years. Thankfully, we have had him balancing the check book and as a result things aren’t as bad as they could be…What a load of bollocks!
You see some very searching questions need to be asked at this point. I come from Swindon, and it just so happens that Honda, Swindon’s biggest local employer, has had to get rid of 1000 members of staff who they can’t afford to keep paying. After all, with the banks not lending as much money anymore people can’t afford to buy as many new cars. The result? They’re all off down the jobcentre in two weeks time for a special Honda sign up for state benefits day. So here we have another problem…those who those foreign companies can’t afford to pay anymore, now have to be paid by our government…or Britain!
So not only is Britain not working, the overdraft is maxed out and to top it all off Mrs Britain has 1000 new children to look after.
The problem is that all of those unemployed people are going to have trouble finding work. Over the past ten years the Labour government have allowed the biggest immigration influx in British history to take place, and just like our people, they needed to work. So they went out and took up the last of the jobs. So now, we are left in a position whereby the job market is maxed out. There are no (or very few) surplus jobs. And as I am sure any good economist will tell you, a healthy economy needs surplus jobs…if only to ensure that the people don’t become a burden on the public purse and to make sure that we don’t end up working in an employers market…i.e. big business, realising that they can have their pick of the workforce, lower wages!
But never mind…at least somebody is going to do well out of this financial crises…even if it isn’t the British public!
You see, big business and big time bankers, they all donate money to the campaign funds of certain politicians and supposedly, don’t expect anything in return. A million here, a few million there, it all adds up. But let’s be honest, the current economic system only serves big business. Let us not forget that we live in a trickle down economy.
The idea is that if you give money to those at the top it will trickle down to those at the bottom. So basically, we give money to the man at the top, who takes his cut first. He then passes it down to another person who takes their cut who then passes it to another person who takes their cut…and we divide what’s left over between us. The problem though is that we no longer have enough to share between us. It seems that we weren’t actually getting enough money, so the men at the top lent us some money…which we then couldn’t pay back….so not only did they take most of the money to begin with, but they then offered us the world, debted us out and now we owe them what money we do have.
Luckily though the interest rates were lowered…after all…we want to make sure the big time bankers get their money back…but never mind, at least it shows our politicians are taking care of us!