Will the eUK ever learn?

Day 517, 02:45 • Published in United Kingdom United Kingdom • by roadrunnerspeed

Well I’m sure a lot of you remember how much fuss my last article caused so I thought I would deliver another hard hitting article and not doubt annoy another bunch of politicians. However I do not care what they think, the people of the eUK deserve to know! - Please vote up!

I know people hate reading long articles so here’s a summary section:
eUK Spending:
Income Work with the government

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Now my question is does the eUK ever learn from past mistakes? Well it seems not. I may be situated in another country however I keep one eye on the eUK and in particular the economic affairs. I also keep a watch on their forums (link) so I can see any issues that may be developing and well this one is an old favourite of the eUK – OVERSPENDING.

Over the past couple of weeks the eUK congress has passed several laws requiring a vast amount of spending. Money of which is the tax payers! Ok its nice to have these ideas that in the long term improve the country but for christ sake can you don’t need to do them all at once. I am referring to ideas like; Wellness Fast*, Nationalisation of weapons companies and as we speak other nationalisation ideas are being discussed (again costing the tax payers money). Of course the government always has hidden costs that you don’t see as these are done behind closed doors. That not to mention the WAR ideas being discussed (talking around 600G +)

So we are back to the main problem spending more than you are making. Now at the moment it’s not too bad as you make about 2K GBP a day and are spending about 2-3K so the effects aren’t overly noticeable. However soon they will take their toll as new ideas come along and cause more issues.

Now I hear some of you say “why doesn’t the MoF stop us? It’s his job to tell us”. Well although the MoF has some powers he doesn’t have the power to completely stop legislation. To add to this the MoF can only do so much prediction and certain costs (usually those on the military side) creep up unexpectedly and can’t be predicted.

Subsequently - How does it affect you? Well taxes will remain higher for longer so you end up paying more.

To add to the overspending the economy has also been hit by low offers on the Monetary market along with slowly decreasing prices on the general market place. For the consumer this is brilliant in the short term, however long term this means possible job shortages companies going bankrupt. Some of the economist will be saying “so what , its a free market” and well i’m sick to death of this argument. Stop trying to make life hard for the government people and work with it! You can’t beat the government, they will just raise taxes to generate more income and you will lose out. Until all the issues can be sorted taxes will remain high. If you’re a foreign company and are doing it then exclusive eUK offers may be offered instead (as the BoE is the largest buyer on the eUK MM it matters).

So ladies and gentlemen what should you do about it? Well as I said, work with your government. If they set monetary market benchmarks then please stick with these. If there are products on sale try to stick close to those prices and if you’re unsure then contact the Ministry of Trade. Those that work with the government will be looked after in times of need and will be the first to get good deals. So it works out in favour for you.

*Wellness fast is a long term goal to reduce costs but requires a large initial cost.

This is not an official view but my opinion and some issues I can't say for certain will happen however I have called upon my experience to predict as best I can the government response. I do not represent any country or party – my views are my own. Burn me as much as you like - I do not care. All i care about is ensuring the information is available to everyone.