FREE CITIZENS NEWS ~ Amidst reports that more than 80 Conservative (sic) Members of Parliament won’t seek re-election to the Westminster gravy train, is revealed that low economic growth and an eye-watering amount of public debt in the UK have led to the country’s biggest crisis in the last 70 years.

Paul Johnson, director of the British Institute for Fiscal Studies (IFS) says Labor and Conservatives, on the eve of parliamentary elections scheduled for July 4, promise to stabilize the situation with the national debt, which is approaching 100%.

However, the self-styled kingdom has low economic growth and high interest rates. The challenge facing the winner of the election is greater than any challenge faced by any British government since at least the 1950s.

The new authorities will either have to decide on the planned painful cuts in spending, increase taxes, which have already almost reached an 80-year high, or further increase the national debt.

‘Money is tight. Government services are strained, taxes are at historically high levels, and both parties are constrained by their concrete promises to reduce the national debt. In a word, Britain is BANKRUPT and those whose borrowing caused it are getting out before the baying mob closes in on them.

Further tax increases will be required to avoid post-election cuts to key public services All British parties must be honest in the run-up to the election when discussing the painful financial decisions the next government will face.

Opinion polls show the opposition and even more useless Labor Party heading into the snap election as favorite to win.

On average, Labor leads the Conservatives, who have been in power since 2010, by about 20 percentage points. According to Sky News, if the election were held now, Labor would receive 44% and the Conservatives 23.2% of the vote.

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