Wednesday, 3 August 2011

When are the rich going to be made to pay for the deficit they did so much to create?

The deal to fix the US deficit once again reflects how every financial crisis that occurs in the world today seems to be being dumped at the door of the poorest people. The deal reflects the same type of thinking as seen in this country when addressing deficit reduction, namely the average to badly off have the public services they depend on cut whilst the rich - who in the main caused the crisis - pay not a penny more in tax. How long will people be prepared to tolerate this internatioanal con trick being perpetuated by the very rich to the cost of everybody else? When will a politician emerge with the guts to say to the rich, you created this crisis, now pay your share to sort it out.

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