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Cheers Delmbox, and thanks to Dorcus too. I am happy to take most criticism on the chin - none of us are perfect but what isn't on is the wild personal insults unrelated to anything anyone has posted. I really do think things have gone too far of late. It's not pleasant.
What frustrates me on here, is the lack of illustration of points, which I always think is important to back up opinions, but there we go. We all have different perspectives.
I do also think that the median opinion on here, most oft expressed when creating posts especially is one way to the left of centre..thats absolutely fine, but it is the case that to push back against that does usually mean challenging the left - I maintain that I would do the same if the CCMB political compass was disproportionally skewed in a rightward direction.
Irritating is not a good word mind, and I will try harder. And yes, always up for a beer..just name the wetherspoons.
Anywaaay, hope everyone had a lovely weekend. Thats what counts.
If we are in crisis then those affected at the front end .....the poor , the sick , the elderly ....need protection and if that puts us in debt ......then bollocks to it .....it must be done
We are a rich country and over time things will even out
You don't talk about getting the country to grow by cutting taxes ......yet cut public services ......then call everyone who doesn't agree with your Potty plan .....growth deniers ff sake
Stories this morning about how the number of care workers has dropped for the first time in ten years;-
https://www.bbc.co.uk/news/uk-63177547
I suppose anyone arguing for a better deal for another group of workers we were all applauding two and a half years ago is in the anti growth coalition as well.
The Tories really have cocked up in picking their culture war opponent this time because I'd guess about three quarters of the country qualify for the anti growth coalition as defined by Truss.
This is pure speculation on my part, but maybe the number dropping is due to the UK coming out of Covid19 restrictions. Looking at the graph, and without seeing the data, it does appear its still the second or third highest year on record. Time will tell if its the start of a trend or not.
If today's news is correct, this board is going to descend into apoplexy when they see the OBRs mid term report, that's for sure.
Apologies, I meant autumn budget, not OBR report
The analysis at 9.30 in this piece suggests it’s the latter, but then I suppose the Bank of England could be in the anti growth coalition.
https://www.bbc.co.uk/news/live/uk-63212398
Word on the street is that Liz Truss might be joining the anti growth coalition today.
It's weird how certain players within the currency markets seem to know exactly when to long and short the pound.
Didn't expect George Osborne to throw his hat into the ring as a full member of the AGC today
"Given the pain being caused to the real economy by the financial turbulence, it’s not clear why it is in anyone’s interests to wait 18 more days before the inevitable u-turn on the mini budget"
Down with the Anti Growth Coalition! Hail the Anti Growth People's Front !
I'm for growing the private sector not the public sector , as one makes money and the other is propped up by that revenue ...... what is need is better public sector efficiencies , productivity and modernisation ....
The public sector can and does make money - for the public.
This false argument used to be a Feedy favourite back in the day. I remember a tortuously long thread that for a while looked at Council public works departments and the effect of privatisation (outsourcing). The same job was being done by the same people and paid from the same source - local tax, council tenant rents and an element of national government subsidy. Magically it changed from being a drain on public funds one day, to an exciting example of enterprise and profit the next (for executives and shareholders at least).
Nothing changed except a % of the funding was syphoned off and was not available to repair homes or roads.
It was presented as a case of public = bad; private = good. Maybe now that LOM has re-invented himself as the board's top economist (courtesy of mainly unacknowledged lifts from the Telegraph, FT or Economist) he could explain why this is so?