Where has all the money gone?

When Labour Treasury Minister, Liam Byrne was leaving office he left a note for his Coalition counterpart saying “there’s no money left”  This is probably true and I’m not blaming the last Labour government on their own but where has it all gone?

Future generations will find it difficult to go to University due to tuition fees and will struggle to get buy a house due to sky high property prices. They will struggle to get a job due public sector cuts and the decline in manufacturing industry. If they do they will have to work much longer due to massive cuts in pension provision.

This country has continued to be relatively wealthy even in recent years. Past generations have either pocketed or squandered the wealth leaving their children and grandchildren to pay the bill.

They have a right be feel aggrieved

Advertisements

Tags: , , , ,

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s


%d bloggers like this: