Part two of the email from Lord PEARSON to me.
(b)There is also the Institute of Directors and Taxpayers "Alliance".How to save £50billion"This details £50billion pa of cuts to waste, which could happen in the first year.
(c)UKIP.Budget and the Economy paper details £13billion pa, which could be cut by getting rid of a number of useless quangos identified by the TaxPayers "Alliance"
(d)Then there is 18£billion pa.(for 40years)for "Global warming"(from the Governments Climate Change Act)
(e)And £5billion pa for the "Private Finance Initiative".
A+B+C+D+E=£206BILLION per annum.
We SHOULD BE TALKING ABOUT SAVING SAY HALF THIS FIGURE PER ANNUM,but our political leaders continue to argue about £6billion..
Longer TERM.
By 2013 the Government estimates that the accumulated"Deficit"-The National Debt-will have reached £1,300billion.(1.3trillion, the "Black Hole"£20,000per man,woman and child).This will be roughly 90%of our annual Gross Domestic Product(What the country produces every year).The "deficit"is still forecast to be running at £90billion, and even that relies on the economy growing at 2.25%pa. Which it isn,t.
And just for fun,the above figures do not include some £300billion of loans and guarantees made to the UKbanks which will not all be repaid,and "Quantitative Easing"(printing money)at £200billion . On top of the £20.000 public sector debt per person,we have also racked up private household dept(primarily residential mortgages)of over £50.000 per average household.
WE ARE IN SERIOUS TROUBLE.
Yours faithfully Lordpearson of Rannoch leader of the UKIP party.
So there you have it all, we are in a mess but there is light at the end of the tunnel and that is get out of the EU now, and get new leaders, not keep puting back the old partys, I say please VOTE UKIP next week.
Well now I have done that it is back to our manifesto but not tonight. Thank you so much for reading my post,s and all the letters after them.
