Brits have sacked high-tax governments before
They have reason to sack Chancellor Brown now. According to the Daily Mail,
Households pay £900 to fund public sector pensions.
This is far greater than the amount many private sector workers can afford to put aside annually for their own retirement. . .
Authoritative research from The Institute of Economic Affairs shows the cost of inflation-linked schemes for nearly six million state employees such as doctors, nurses, teachers and policemen has reached more than £22.3billion each year. . .
Chancellor Gordon Brown's rapid expansion of the state payroll - 650,000 taxpayer-funded jobs have been created since Labour came to power in 1997 - is one reason why bills will go up. . .
Tom McPhail, head of pensions research at the financial advisers Hargreaves Lansdown, said: 'The Government is effectively buying several million votes from public sector workers by giving them unsustainably-generous pensions.'
Not too long ago, in a slightly different context, Mark Steyn said, “The Brits will wake up.” We trust they will.