Answer: They will be able to afford the same quality of health care, welfare, pensions, and foreign holidays that we currently enjoy.
A richer, more productive (and environmentally responsible) world is better for everybody.
Today 30% of Rolls Royces are sold to China. Even if this is a German company, it is good news for British workers manufacturing some of the most expensive cars in the world. But imagine the impact if China had a health system as good as Britain - some of our largest pharmaceutical companies would be making billions of extra revenue.

Back on the subject of the budget, the lowest paid workers currently have to be supported by various welfare provisions. Substantially reducing the tax they pay will have a positive effect and I hope will allow the government to spend less on benefits. Switching from benefits to lower taxation is a positive step for any government to take.

Whether switching taxation from the richest 1% to pensioners tax allowances is good is another question, but let's quickly change the subject and discuss minimum alcohol pricing and have you noticed the lovely weather?

This post was last modified: 28-03-2012 07:21 AM by michael.