im nervous about the tories getting in too , they are more for businesses and people with money IMO!
Not poor folk like us!!
Remember, without the businesses and 'richer' people paying tax, there will be nothing for the 'poorer' people.
In the recession, people battened down the hatches and didn't spend (hence the vat reduction to help kickstart it) so no money was coming in. Businesses were worried, those with money held onto it, therefore there is nothing going in the treasury to pay the poorer people (so the government borrowed)
Think of the UK as a business (because it is) you need that business to work and make money more than anything.
We're billions of pounds in debt, and soon, if we're not careful, any surplus the UK has will be paying off the interest payments of billions per year on our loans.
We could also see hyperinflation whereby your £££s will become worthless, holidays abroad will become a thing of the past. It really could get a lot lot worse.
I keep saying it, but look at the bigger picture, if you have £500 income each month, and are spending £1000 per month, sooner or later the s**t is going to hit the fan.
I'm voting conservative because they're the only ones with the cajones to cut spending and get us out of this financial black hole, we'll all suffer a bit, but we'll suffer a lot more if we don't do it now.
Speculate to accumulate.
I have children to think about, i'm more concerned about the country they're going to live in, than the one i'll live in.