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Britain is a textbook case of how growing inequality leads to economic crisis. The years before the crash were marked by a sharp rise in remortgaging and the growth of 0 percent balance transfer credit cards. By 2008 the UK had the highest ratio of household debt to GDP of any major economy. ↗
The backwoodsmen are muttering about making Britain's draconian union laws - already among the toughest in Europe - harsher still. And parts of the media will continue to attack public service pensions, as if school meals staff, refuse collectors and healthcare workers have no right to a decent retirement. ↗
#already #among #attack #britain #collectors
It's time to fundamentally change the way that we do business in Washington. To help build a new foundation for the 21st century, we need to reform our government so that it is more efficient, more transparent, and more creative. That will demand new thinking and a new sense of responsibility for every dollar that is spent. ↗
