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Mike Denham - TaxPayers' Alliance Budget Briefing 2010

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Uploaded on Mar 26, 2010

Speaking at the TaxPayers' Alliance Budget Briefing 2010, Mike Denham, former Treasury and City Economist and TPA Research Fellow, looks at the extent to which changes in the rate the Government needs to pay to service its debt could mean exploding debt interest costs. He presents a new analysis showing the extent to which debt interest payments are already outstripping spending on public order and safety and could even be greater than the entire education budget. He also looks at public sector pay, showing that median pay in most of the big public sector professions has far outstripped median pay and that senior public sector workers are well within the top ten percent of earners.

For more details of Mike's analysis see his blog for the TPA here - http://www.taxpayersalliance.com/wast...

You can join the TaxPayers' Alliance for free here - http://www.mainhighway.com/tpa/join/j...

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