Buying Votes

Realtiy 1:

• The “it” is health, education, defence, pensions, transport, care, national security etc
• The “government” is in truth us and the people we vote for to represent and protect our best interests
• “Fund” is what we all pay in taxes that the government then choses how to spend

Realtiy 2:

• We / our government collect taxes totalling £1.06 trillion (23/24) on “it”
• We / our government spent £1.23 trillion on “it”
• The shortfall between the two was £132.2 billion
• Our current debt is £2.72 trillion
• his means we currently spend 8.2% of our available income on interest at the rate or over £1 million every two days.
• The average increase in debt per year in the last 5 years (removing covid effect) is between 3% and 5% which means the debt interest likely to be 10% of total government spending by the end of the decade

Realtiy 3:

It probably will be if your life expectancy is more than ten years

And even if you’re not—someone you love will be.

Don’t we now need to stop spending more that we earn otherwise are we not being completely selfish and showing don’t care that our relatives will have to inherit the massive time bomb we are all creating for them? We do need to care about this…don’t we?