Accrington Web - View Single Post - Teachers' & other public servants' strike

Gordon Booth · 29-06-2011, 21:07

Overseas aid should have been cut,in my opinion. However, one billion pounds is a drop in the ocean compared with what we owe and what we are borrowing.
We're borrowing £10 billion/month, we owe about £1 trillion( put twelve '0's after that 1) and the estimates are that we will owe £10 trillion by 2015. If you include Public Sector net debt we ALREADY owe £2.25 trillion. We simply can't afford to live, as a country, as we have been doing.
If every pound pension paid to every ex public sector employee requires 28 pence of unfunded taxpayers money, something HAS to change.

29-06-2011, 21:07	#38
Gordon Booth Senior Member+ Join Date: Jul 2010 Posts: 2,402 Liked: 715 times Rep Power: 46612	Re: Teachers' & other public servants' strike Overseas aid should have been cut,in my opinion. However, one billion pounds is a drop in the ocean compared with what we owe and what we are borrowing. We're borrowing £10 billion/month, we owe about £1 trillion( put twelve '0's after that 1) and the estimates are that we will owe £10 trillion by 2015. If you include Public Sector net debt we ALREADY owe £2.25 trillion. We simply can't afford to live, as a country, as we have been doing. If every pound pension paid to every ex public sector employee requires 28 pence of unfunded taxpayers money, something HAS to change.