A double whammy for the private sector

Private sector workers are being decimated by layoffs. It's a bloodbath out there and there's no sign of a letting-up in the pace of the slaughter.

Even the lucky ones who survive the cuts are not going to be allowed to escape scott-free though. All those layoffs mean less tax money for the government and Alastair Darling is going to have to fill the gap somehow - there is a public sector machine that needs feeding.

The answer is, inevitably, more taxes. Not satisfied with decimating private sector workers the parasites in the public sector are going to rape the corpses as well.