A Consideration
I have no opposition of paying into an actual Welfare Fund that is ring fenced and can't be plundered, i.e., something similar to Norway's Investment Fund from its oil and gas - the problem with the UK, given since the demise of Breton Woods and full on fiat currency, the UK can print/create all currency/money needed to fund all expenditure, i.e., tax income never equates to funds distributed, which is how MMT'ers look at it, the genuine issue is that of resources, be that human or manufactured/mined resources and access to foreign currency, namely the US$ and Euros, which we either have to earn via exports or purchase via the money markets. Alas, the PMC instruct us all expenditure is funded by tax, which is a complete lie, and that's before we get to their crap about credit cards being maxed out or government expenditure equates to a household budget, it don't. Just my tuppence worth.
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