In all likelihood Britain's banks will be given even more time to expand their deposit bases and shrink the nastiest bits of their balance-sheets, while being weaned very slowly off state guarantees.
The genetically best-off will choose not to pool their risk with others, the worst-off will find that they have become uninsurable, and the insurance market will shrink.
Some counter that the hours gap would shrink if employers offered more family-friendly policies, such as flexible hours and easier on-off ramps for moving in and out of the workforce.
Many American workers were caught off-guard in January, when they saw their annual take-home pay shrink by hundreds of dollars due to a broad-based increase in payroll taxes.