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That way, these people will pay tax and national insurance and cost the country less. The Welfare State is predominantly made up of the NHS and benefits system. It was brought in at a time we needed it most; just after the Second World War. Obviously, cutting benefits at the same time as cutting so many jobs will make tens of thousands of people homeless and poor. Thats how Mark sees it.
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Then in Nov 2007 I analyzed the prospects for the oil market in 2008, concluding that, save for a significant US-led OECD recession, the oil price would be significantly higher by t.