France and Germany are far more
productive countries than Britain and also have higher levels of corporation
tax and tax in general. Compared to Japan, Britain's national debt pales into
insignificance, and Japan is a far richer and more technologically advanced
country than Britain. Britain had a much higher national debt after WWII
than it does today, but it didn't pay it off, by imposing austerity, it grew
the economy. America is also massively in debt.
Britain has been plagued with low
investment and low productivity for decades. During the early 1970s, the
Conservatives used to blame everything on Labour and socialism and not welfare
spending. They were keen to join the Common Market and so was the Daily
Mail.
The Germans and French can produce more
in four days than Britain can in five days. Their state pensions are far more
generous than the British New State Pension which is about half the National
Minimum Wage or £6 an hour for a 40 hour working week. The Old State Retirement
Pension is even less generous. British workers often work longer before they
retire than do French workers and have a longer working week. The French and
Germans also have a more generous welfare state and so does Sweden and Norway,
which have high levels of taxes and corporation tax. They're not what you would
call poor countries. The Swedes and Norwegians probably enjoy a better standard
of living than many British people.
How much money have the British government
saved by increasing the women's state retirement age from 60 to 67? How much
money have they saved by increasing the male state retirement age from 65 to
67? How much money did they save by ending free TV licenses for the over 75s or
linking free bus passes to the stage retirement age?
I think many of us in Britain are quite
appalled at the way in which British governments squander public money. During
the COVID lockdown, the former Conservative government of Boris Johnson, dished
out willy-nilly, tens of millions in government contracts to VIP Tories for
faulty PPE equipment that was never used. How many millions have they recovered
from PPE Medpro who were awarded £200 million in government contracts? The
Conservative peer Baroness Michelle Mone and her husband Douglas Barrowman,
were involved in this scandal. When they were ordered by a court to repay
money, PPE Modpro, simply declared insolvency.
How many billions did the Johnson
government squander on its abortive Rwanda scheme? No illegal migrant was ever
sent there. How much public money are the British government spending to house
and financially support illegal migrants who have come to Britain who haven't
been granted asylum?
It wasn't long ago that the Labour
Chancellor, Rachel 'freeze' Reeves, told us that Britain couldn't afford the
pensioners winter fuel allowance and she needed to save £5bn by means testing
it. They then found £11bn to help foreign developing countries to cope with
climate change. The Ukrainians are always being bunged money by the British
government. The Ukrainians have every right to defend themselves, but it
doesn't mean that the British have to pay for it or die for it. They're now
talking up a war with Russia and telling us that we must do our duty to protect
our country and that young people might have to die for their country. I'm sure
they'll be happy to hear that.
Nowadays, many British people don't
feel that they've got a country or one that's worth defending. They feel
alienated and abandoned. And how are we going to pay for a war, if Britain's
got no money and is massively in debt?