politicalbetting.com » Blog Archive » The echoes of 2008? A cartoon first published in 2008 and it could apply to today’s situation
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Conservatives, managing to underperform the global financial crisis.
If you create lots of new entry level jobs in the £12-£17k bracket over 5-7 years, you're going to drag the average annual earnings down, even whilst unemployment drastically reduces.
We wouldn't prefer them all on benefits, with a higher average earnings for the rest, would we?
LOL
But average wages are lower.
So what we’ve done is swapped better paying jobs for poorer paying jobs.
As an aside, The EU’s response to the financial crisis has also been poor.
The least we can do if they are expecting a bespoke deal just for their City/main industry.
I'm also glad I was raised by parents who view debt as the eighth deadliest sin.
(For the avoidance of doubt, l am not saying that all Romanians are pickpockets.)
...by allowing India to dictate immigration policy.
Yup, can't see any problem with the Brexiteers endorsing this
Are we at tipping point yet re Brexit?
I am a remainer, and the self inflicted damage we are receiving will only grow. Yes I am old, a northerner, time to come out and declare.
So pretty pointless comment.
Leavers knew there'd be job losses once Brexit happens but they still voted for it.
I suspect tipping point will be a long post Brexit slump (and the rest of the EU is booming), people will think they know what the causation is.
And we need to bring in lots of workers under a new controlled immigration policy.
It is absolutely essential to point young people to become the new builders, plumbers, joiners, electricians, etc of the future and many will not only earn much more than going to Uni and some willl build multi million pound businesses employing thousands. You do not have to be an accountant (or a lawyer) to succeed in business
(Probably. Hopefully. There is scope to do something REALLY dumb, like refuse to pay €50 billion and leave without a deal).
Creep is also Radiohead's only decent song alongside Karma Police.
Does it include this:
' Growth in manufacturing output accelerated in the three months to November according to the latest monthly CBI Industrial Trends Survey.
Order books also continued to fill up. Total orders were, by a small margin, the strongest since August 1988, while export order books were the joint highest in more than 20 years. '
http://www.cbi.org.uk/news/manufacturing-orders-strongest-for-nearly-30-years/
Last year, in part because of the NMW, the bottom deciles income grew more rapidly than the top. The same will almost certainly happen this year given the NMW is going up by 4.75%, well ahead of inflation and average wages.
It’s not great but it could be worse.
https://twitter.com/marfcartoonist/status/933693114665009152
I think you made an important point about the link between productivity increases and pay increases.
What we need now is for people to remember the importance of living within their means.
These issues are linked.
If people have to live within their means then to spend more they need to increase their means and that requires higher productivity.
The addiction to the magic money tree provided another source of income but at the cost of a poorer future.
Chamberlain tended to dress in a rather formal, old-fashioned manner.
We are now finally beginning to face up to reality and slowly rebalancing the economy into something sustainable.
I find these changes refreshing if long overdue.
There were probably plenty of people still wearing top hats for formal events in the 1930s.
Even the old prole in 1984 says he wore a top hat at a 1930s funeral.
The most ridiculous example IMO being when Goole applied for City status.
And by the way - In fairness I might be old (not elderly) at 74 but still have some of my faculties but at times watching Sky news all day makes me question my sanity.
Increasingly I invest elsewhere, my decisions?,time will tell, but I am happy to live with the consequences.
As said, I am relieved that I am confident that I can ride out the worst of Brexit, and look after my family, sorry that others not so lucky will suffer.
Perhaps because skilled middle class Indians might actually prove a threat to their jobs and earnings ?
Indeed (sorry Dixie) but watching Everton losing 1- 0 at home in the Europa cup just now
https://twitter.com/wimgrommen/status/933642969000890368
I think those who will be concerned if we have to allow more immigration India will be Leavers though - even if the ones on here aren’t.
Re the Child Povery tweet: doesn’t specify absolute or relative in the tweets, but I’d have thought it would be pretty alarming either way that we are so near the bottom on the issue in comparison to other countries.
@PeterKGeoghegan: The former deputy leader of the Ulster unionist party describing the irish Taoiseach as ‘the Indian’. Nice
https://twitter.com/KilclooneyJohn/status/933758169117052929
https://twitter.com/KilclooneyJohn/status/933782442544173056
https://twitter.com/KilclooneyJohn/status/933799381823905798
If we'd had immigration restricted to middle class professionals there would have been a lot less concern in working class areas but howls of outrage from Tarquin and Jemima's parents when their little darlings weren't able to get graduate jobs because some immigrant was willing to do it cheaper and better.
Please forgive the AB sterotyping.
On 23 June 2016 the people of the United Kingdom voted to leave the European Union. The UK is still a full and active Member of the EU. Therefore, the competition for the European Capital of Culture 2023 will run as normal.
The outcome of exit negotiations with the EU will determine what arrangements apply in relation to EU-administered programmes once the UK has exited. Until the UK has left the EU it remains a full member with all the rights and obligations of EU membership which includes fully engaging in relevant cultural programmes. We are committed for the UK to host the title in 2023, however bidding cities should be aware that the European Capital of Culture title may be subject to the outcome of those exit negotiations which could have a bearing on the UK’s participation and the government will advise bidding cities on this once negotiations have concluded.
As with previous European Capital of Culture competitions, it is the responsibility of the cities and councils to develop and finance their bids for the competition. As is usual with cultural programmes and competitions the UK government bears no responsibility for the financial investment made by the cities and councils.
https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/578284/Impact_of_the_UK_Decision_to_Leave_the_EU.pdf
I also think people’s concerns about immigration go beyond economic reasons.