We have the biggest government debt in our history - pretty much out of control.
So the government increases taxation on everyone. Most people agree, unpleasant but necessary.
Then it INCREASES spending so much, that the debt will be even higher!
So none of the increased taxation will be used to reduce our debt.
It's as if you were struggling to pay your rent, got an increase in your pay, and decided to spend it on more nights down the pub.
Sounds like the economics of the madhouse to me!
