The UK government is currently borrowing approximately £500 million pounds a day to keep its spending splurges going until the day when the pound finally collapses under all of this weight of debt. Half a billion pounds a day is an almost incomprehensible number of credit card spending, so I thought I'd try to concretise this.
Half a billion a day is approximately £10 pounds per person. So as you travel to work, on a bus or train, I want you to imagine every single person or child you see holding a ten pound note and then burning it in front of you with a lighter or match. They will be doing this every day, for the foreseeable future, as every pound the government spends is a wasted pound. So that's £70 pounds a week for every man, woman, and child in the country being burned every day, in borrowing alone.
Add onto this the other £30 pounds a day that is being taken from every single man, woman, and child in the country, in taxation, and destroyed in a similar manner so as to prop up all those useless wealthy Guardian readers in overpaid non-jobs, and you will realise why we are in such a financial mess. With government spending going over 50% of GDP, and approaching 52%, with more people taking from the pot than people being forced to fill the pot, then it soon becomes clear why we are on a desperate socialist road to nowhere.
So get those lighters out, peeps. Burn those ten pound notes in your imaginations.
Enjoy the flames.
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