Why every tax payer has to pay to protect the already wealthy is crazy.
]]>The average “hard working” person with a good education is taking home under £2k per month. From this they will have to pay in the region of £800 per month for rent/mortgage, another £400 on food and £150 on fuel. The truly austere will be able to save £650 per month. After 10 years they’ll hit the savings limit… If they haven’t cracked and say, bought a car. Thor forbid they are daft enough to get married….
The government figures, and banking figures, point to 93% of all UK savers having under £35k and 95% being under the £50k threshold. Not all of these will be spendaholics.
The sad truth is, as with all things, the poor will be forced (through increased bank charges, taxation etc) to provide insurance for a rich minority. That is not an insult on the rich, but it is unfair on the poor.
]]>Where to start?
Insulting hard-working savers? What???? Where?
And you are speaking to the uncrowned queen of making do, although, admittedly, not of mending.
Most people, no matter how hard they work and how well they are educated and how good they are at darning socks don’t have £50k.
How many people can “save” £50k? You could maybe get £50k from an Inheritance or a business deal, or you could live at the expense of relatives and save all your money. But very few people could save £50k from their wages? Is it insulting to these few people to say that they are pretty much in the minoroty.
Alun made a good point about aspiration. Some people might aspire to being able to save £50k but hoping doesn’t make it so.
Alun
Great idea. This was in Newsbiscuit the other day. http://newsbiscuit.com/article/geldof-launches-bank-aid-as-markets-plummet-370
]]>`How the fuck do you save 50K’?
Get a decent paying job (a good education can help but isn’t necessary), and then spend less than you earn. It’s as simple as that.
And what’s wrong with `mending and making do’? If that’s what it takes – it’s a lot smarter than being in or on the verge of debt your whole life, don’t you think? Let alone more sustainable and less wasteful. No need to look down your nose at it, `I can’t cook/sew/fix stuff!’ is hardly a badge of honour worth wearing, is it?
]]>Your problem Heather is that you will insist on paying attention to reality. 😛
Still it could all be solved. I’m working on the lyrics for a charity single to raise money to solve the crisis. But so far all I have is:
A bitter wind is blowing through the city,
The parties all have very few delights,
The bonuses are barely multi-millions,
(Bono shouts out this next line: )
Spare a thought this Christmas time for your parasites.
I thought “Bleed the World” would make a good title.