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Mark - all the tax paid by people working in the public sector is recycled money, their salaries were paid out of money taken in taxes and some effectively then clawed back in tax, I repeat - recycled and not new money to the Treasury.
Of course those people working in the public sector spent a large amount of their money on purchases from private sector businesses but, yet again that money originally was created by the private sector.
Whatever you like to say all the money the government has is either taken in taxes, borrowed or taken in charges paid for by the public. Governments do not have money of their own.
The bottom line is that only 47% of the economy is in the private sector and that is carrying the burden of the 53% of the economy that is the public sector.
Picture a pyramid upside down and imagine how unstable that is. That is exactly what we have in our economy.
Dont get me wrong I am not saying that all public spending is bad, far from it. An efficient economy needs a well educated and healthy workforce and good transport/communicatiion links for instance but there is only so much that can be loaded on the private sector before you inhibit its ability to generate profit from which taxes are earned.
Your references in the first part of the post are irrellivant to the economic facts. To turn that around however - how many people in the UK depend on the jobs News Corporation and Vodaphone provide and what is the value that those thousands of employees pay to the Treasury in tax instead of drawing the dole. Also, I might add, how many other people in the UK have part of their pensions and Stocks & Shares ISAs invested in those businesses and benefit that way - you would be surprised, Vodaphone in particular show up regularly in the top 10 holdings very ordinary people have.
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