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Wednesday 23 June 2010

Daily thoughts

I have been listening to all the people moaning on the BBC about yesterday`s budget. The experts have worked out that poor people spend one in every seven pounds they earn on items that are effected by the increase in VAT. That means they are spending £14.28 from every £100 they earn on items that have gone up. So that is 36 pence increase for ever £100 of money they earn. It makes me think that a lot of problems are caused by peoples ignorance when it comes to money. We are are country that is too reliant on benefits and handouts. The opposition party has cried foul and not taken responsibility for how its created a culture of what can the state do for me rather than teaching people how to improve thier own lot.

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