King’s ransom

The row over parking charges at King’s Meadow represents an obvious problem with the way businesses and councils and even governments tackle recession.

The council and NCP have decided to make harsh new charges at a small car park that was useful for footballers.

True, money is tight so you could argue it’s justified. But it isn’t. If the recession is biting the council and all they do is pass on their difficulties to people with little money, then that gets passed on when those people have less money to spend with other businesses.

Eventually someone will realise that instead of passing on these costs in a gigantic merry go round, the real money is sitting in the bank accounts of rich people.

That’s the money that never gets touched. Now that all the rich western countries have been revealed to be not so rich they will eventually be left in a situation where the only money anyone can spare is that of the super rich.

And since these countries are all in debt together they may just have to team up and stop allowing tax havens and ways of hiding wealth.

If they don’t they shouldn’t be surprised when unrest begins.

 

 

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About Alan Bunce

Freelance journalist Former Community Editor with the Reading Post. Former Business Editor with the Reading Chronicle.
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