It has been a great week for empty promises from those political pygmies who would rule over us after the May general election.
Here are just a few of the main ones:
MONDAY
SNP�Retirement pension age freeze
TUESDAY
Ukip�Minimum 2% GDP for defence
Greens�5% VAT on housing repairs
WEDNESDAY
Labour��Non-dom� status to be abolished (or perhaps just changed slightly)
Tories�Exam resits for pupils at 11 if they don’t reach the necessary level in English and Maths
Tories Three days paid leave each year for volunteering
Lib Dems��100m prize fund for low-emission cars
THURSDAY
Tories�Full renewal of Trident
Labour Partial renewal of Trident
Labour�One-to-one careers advice for teenagers
Ukip�End to �tampon tax�
Lib Dems��250m for �digital� NHS
FRIDAY
Labour��800m for local policing
Tories�Five-year freeze for rail fares
Lib Dems�Help-to-rent scheme for young people
SATURDAY
Labour Personal midwife for every mother
Tories Same-day GP appointments for the over-75s
Tories An extra �8bn for the NHS by 2020
Most of these promises are going to cost us an awful lot of money. Meanwhile our national debt shoots ever upwards increasing at around �5,170 per second�http://www.nationaldebtclock.co.uk/
How will our politicians pay for their snowstorm of promises?
There was a time when this may have seemed like bribing a gullible electorate with their own money. But few people now generate any wealth; most are exclusively consumers. With government creating ever more phoney money out of thin air, it is only a matter of time before the Ponzi comes crashing down. So perhaps in some regards none off this really matters.
VIDEO
The Fall of the United Kingdom – Coming Catastrophes in the UK Economy
Thanks Peter. Interesting link. So much so that I watched the whole thing.