So they spend less, which hits the high street. which causes redundancies which only make the situation worse. People can't save and can't borrow, so estage agents and finance houses have lower volumes, so they have redundancies.
Sector by sector there is less economic activity, which means there is less employment, so there is even less economic activity. And so on.
It's not helped by having a useless government with an even worse option waiting in the wings. With all three major parties being economically right-wing and two of them being social authoritarian, we're kinda short on choice. keep to the Fen Causeway
Don't know, I am not an economist and it might just be a, as we say here, Milchmädchenrechnung (Milk maiden accounting). :-)
but ever since thatcher sold off the council houses, low waged accomodation opportunities have been wrecked and the labour party are too scared of the Daily mail to do what is necessary. keep to the Fen Causeway
Absolutely insane. Conservatives want live babies so they can raise them to be dead soldiers. - George Carlin
