courtesy of Economics Help
Usually I try to see the best in people but it's very difficult to see anything of substance in the Prime Minister. More and more he looks like a glorified salesman rather than a strong leader with a conviction to make Britain a fair place for all.
In a weak defence of his decision to give proportionately the highest amount of money among the world's leading economies in overseas aid - £8.5 billion - David Cameron insisted it was the right thing to do.
“We should be in no doubt that if we get this wrong, if we fail to support these countries, we risk giving oxygen to the extremists who prey on the frustrations and aspirations of young people.
“You would see, if we fail, more terrorism, more immigration and more instability coming from Europe’s southern border.”
There we have it. Scaremongering is the best tactic to silence critics.
The problem is that there's no proof money does reach those most in need; if it did I'd say it was money very well spent. But is upping the aid to North Africa from £20m to £110m a sensible move when we're so much in debt?
We're borrowing money to give away to other countries while this is happening here and that can't be right. Moreover, in a few years the elderly population will increase dramatically yet only lip-service is being paid to the problem. In the past few years the Scottish government has recognised it and has a system in place although it is by no means perfect, at least it does offer a safety net of sorts to the elderly who may require extra care. Where's England's solution?
What's worse is that DFID has little idea where the money goes once it leaves these shores, although there are exceptions.
All governments borrow money, but is it sensible to borrow money to give away charitably? Wouldn't we be much better using the money to solve our own financial problems first then helping others?
If my monthly income was £500 and I needed £495 to meet my living costs I'd be happy to give the remaining £5 to a charity, but if my living costs were £500, would I borrow £5 to give to charity? It wouldn't make sense because eventually I'd be in the position where I either had to radically reduce my living costs or else be deeply involved in a debt I couldn't pay unless I could increase my income. Governments increase income by taxation but how much longer can we cope with spiraling taxation when the basic costs of living - food, housing and utilities - are rapidly increasing?