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We Are All In This Together?

      Please bear with me for a little background on my main subject.       As with most nations, the U.K. is experiencing serious problems with its financial system. For the calendar year 2009 the UK budget deficit was 11.4% of GDP, and its general government debt was 68.1% of GDP. Although the UK is not a member of the European Common Market, these ratios compare to the market’s targets of 3% and 60% respectively. As a result Queen Elizabeth II gave an austerity speech on the opening day of Parliament this past Tuesday.       Some of the queen’s comments outlined changes to the traditional political system, e.g., a new voting system for members of the House of Commons, fewer and more "equal-sized constituencies," and the right of voters to recall elected lawmakers who are found guilty of serious wrongdoing. In the near future there will be proposals to make the House of Lords “wholly or mainly elected.” ...