Bias Blog Post

Taboos are topics which are rarely touched upon or prohibited usually due to social customs. This is a significant symbol in Britain’s economic standpoint and one of the integral factors that could lead to another 2008 financial crisis. The British government wants the public to believe that their economic growth is sustainable, and that budgetary surplus will fix all their economic problems. But these are dangerous myths.

This can be centrally presented through the simple saying, “the less the government is in debt, the more everybody else is.”. This can be centrally portrayed through the following diagram which represents Britain’s balance between the public and private sectors, where each rise and fall on the positive axis is reflected on the negative. Now if the British Government declares that it must pay back all national debt through the implementation of a budget surplus, then the public sector (e.g. the Government as shown through the negative axis in the diagram) is taking more money out of the private sector than investing into them. Furthermore, this leads to absolute mayhem for individuals such as ourselves as the Government knows the private sector will go into deficit once they’re able to balance their books, leaving the rest of us in debt, as they reply with the statement “We’re just trying to behave responsibly!”.

This is utter foolishness and personal greed. You may be asking me why everyone can’t everyone balance their budgets including Governments, households and corporations. Well, to that I say, “then money wouldn’t really be money”. Money in itself is a debt, just look at the banknotes printed every day, they’re just promises and trusts circulating everywhere. They’re even created by banks through making loans. Thus, if nobody really took out loans, there would be no such thing as money.

This leads me to my standpoint in this text. It’s preposterous how we should pay to balance the governments checkbooks. The rich can easily wriggle their ways out of such issues through misuse of Power. What about the rest of us? Why should we ever take part in such an act and how can one apply so much burden to those who even struggle to fulfill their basic necessities?

All in all, something along these lines has to happen when the government runs a surplus. Everyone will just keep pushing the debt on to those least able to pay it, until the whole thing collapses like a house of cards: just like it did in 2008.

Rational: The following text was a re implementation of the bias used within the article “Britain is heading for another 2008 crash: here’s why” by David Graeber. This text was centrally focused upon the recent infringement of taxes upon the British private sector in aims to pay off Government national debt, focusing upon the cruelty of the rich to avoid following these legal acts and the burden transferred upon the poor and middle class to deal with the running elite’s issues. The author aimed to regularly emphasize his argument and viewpoint upon this economic situation through the lens of rhetorical questions to directly communicate with the audience alongside negative connotations and diction as well as various uses of hyperbole and a clear, logical tone to relay his ideas.