According to the press this will be for next 4 years according to a Treasury advisor.
Well I would say that this will happen for next 10 years. Roughly the same time the Labour government was in power, this is historically usual! People have short memories and the advisors are wet behind the ears and won't listen to people like me, who do rememeber these things.
Couples will end up having less children if any at all and therefore all tax receivables for governments will fall, creating another blackhole.
This could be the end of human civilsation as we know it!
I am not Mr Doom, but a realist and the good times have gone for some years.
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