Can anyone kind enough to tell me, do we have to be an economist or Chancellor to realise that with taxes and cost of living going up every year, but our wages stay the same, or hardly increase, will put ordinary people in a situation that in order to pay the bills, they have to revert to the borrowings from the bank or credit card companies. As we will not be able to continue in a long term, the only option will be bankruptcy and surely soon or later this will result in a recession , if we continue on this trend of putting the taxes up and keeping the wages down. If I am right, why the people in the goverment who will lose their 100K a year salaries don;t do anything about it. I know they don't give a **** about us, but what about their own wealth?