Feudal Celebration Left Britain Poorer

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Britons Paid For Windsor Jubilee

The cost to Britain of the 2012 two-day celebration of Liz Windsor’s 60 years as head of state was between 0.3 and 0.4 per cent of GDP according to the Office of National Statistics.

An extra public holiday was declared to allow monarchists to show their support for the feudal institution of monarchy despite the country’s severe economic troubles.

According to the Financial Times the service sector of the economy took the hardest hit. It said that it was unclear whether a decline in the construction at the time of the so called “jubilee” was caused by the two-day shut down or by bad weather.

Britons always pay a much higher price for the hereditary head of state than do nations with democratic systems. Queen Windsor and her son are paid £31m annually while the American head of state receives only £300,000.


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