I agree with what you say. So shall we expect that footballers take a 50% pay cut or an additional tax hike. Venezuela is an extreme example, but just name one socialist country that has a higher GDP per capita higher than the UK....
For myself, I believe if we need to cut then we all need to cut, no exceptions. Except that health, education, defence, social security etc etc all need to be cut equally. But then all the vested interests start to complain. As an example, how many teachers have been made redundant or had their pay cut. How many nurses have been sacked or had their pay cut. Where have these savage cuts taken place. How many from the BBC have been made redundant. The truth is that the moral outrage brigade have largely been unaffected while the rest of us have had to deal with it.........
Should people with nothing in their budget to cut be pushed into destitution?