Am I an idiot? Might be...
I think I have mentioned something about borrowing before. Borrowing by local authorities in particular. One of the poorest local authorities in Wales, RhonddaCynonTaf (RCT) is in debt to the tune of some £250million! There are indications the real figure is actually £500million plus! At any rate this is a scandal! This Labour run council is not fit to be in power and it is more than time to send these incompetent charlatans to the bin. I understand that debt is a huge problem all over the UK, personal debt as well as government debt. How can probably sane people think that this is a good way to provide services? For a start this idea of get it now and pay later involves something called interest. Even on £250million that would be something of the order of £10million plus annually. Money wasted. Just compare that with the income of personal council tax in an area where too many are on benefits (not all their own fault) and a goodly chunk has gone down the Swanee river. But ...