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A bloated state sector and an immigrant cash outflow will stymi a financial recovery

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World Bank figures,the ones we are not supposed to see, have shown that it is impossible forthe UK to avoid a financial meltdown.
With the highest Gross Public Social Expenditure in the world @ 41%: against USA 15.9%: and an annual outflow of over 300 Billion from immigrants remitting money to their countries of origin. An increase in taxation for industry workers would simply hasten our spiral to Default by destroying jobs with export potential and adding to the unemployment social fund.
The reality is that only State and Local Gov. employees are eligible candidates for job cuts as their salaries and taxes are paid from state funding funding in the first place and making them redundant would save over 80% in salaries.
No wonder Angela Merkel wet her knickers, she had just seen the figures.
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