The problem then, is where is what is produced going to be soldWhy are they doing it?
It's the needs of the economy.
They can no longer afford to pay people not to work.
They've had to stop the Universal Credit boost they applied for the pandemic.
They have to get productivity back up to full tilt.
So they need to convince people that going back to normal is safe enough and their income support cuts are appropriate. That these are not true is irrelevant when they have no other choice due to the country going broke.
.
But only about >100,000 timesI think the government should decriminalise murder. They would of course not condone it, but leave it to the common sense of the people not to commit it. To set an example they personally would refrain from murdering people (except sometimes they might just slip up on that).
Seems like as good idea, we've virtually decriminalised most other crimes. The police clear up rate across all crimes is 8%, meaning that 92% of all crime goes unpunished. Furthermore much of the crime that does get cleared up is effectively crime they've invented. For one example, sex crimes from so long ago by those who are now geriatics that if they were any other sort of crime would be unprosecutable due to statutes of limitations. For a second example, enthusiastically searching for signs of cannabis at every opportunity in order to issue another ticket.I think the government should decriminalise murder. They would of course not condone it, but leave it to the common sense of the people not to commit it.
There's always someone if the price is right, we just need to get more money coming in and less going out.The problem then, is where is what is produced going to be sold
(apart from to ourselves)
I suspect we can.Covid or no Covid, we cannot live permanently on borrowing.
Not if we've got any sense.I suspect we can.
Just like with CO2 levels and pollution.
Then we shouldn't have have closed the worlds biggest betting shop, should we?There's always someone if the price is right, we just need to get more money coming in and less going out.
Covid or no Covid, we cannot live permanently on borrowing.
.
I agree about interest rates and national debt (we deferred a crash after 08 with qe and low interest rates that will happen at some point. But moderate social distancing and mask wearing doesnt involve expense as such. And can prevent complete lockdowns (following on from unwise too far opening up) that does. We can do without pubs and Starbucks and don't have to remain an economy of overpriced coffee and money laundering forever.Not if we've got any sense.
I meant rising borrowing. The higher it goes, the higher the interest rate climbs as our credit rating falls. We're paying 2.69% on approaching two trillion now, 48 billions a year, 8% of all the government's tax income.
These cannot go up indefinitely. I remember those who reached over 10% interest rates and that would bankrupt us on our huge debt. Beyond a certain point there's no way out, Mexico being an example of permanent poverty after having to pay 14% to borrow at one time.
.
I think foreign investors did not buy much of our Treasury bonds recently, so the BoE had to take them on by buying back from the banks (Quantitative Easing). Most of the last 18 month deficit was bought by BoE.Not if we've got any sense.
I meant rising borrowing. The higher it goes, the higher the interest rate climbs as our credit rating falls. We're paying 2.69% on approaching two trillion now, 48 billions a year, 8% of all the government's tax income.
These cannot go up indefinitely. I remember those who reached over 10% interest rates and that would bankrupt us on our huge debt. Beyond a certain point there's no way out, Mexico being an example of permanent poverty after having to pay 14% to borrow at one time.
.
This sounds exciting.Not if we've got any sense.
I meant rising borrowing. The higher it goes, the higher the interest rate climbs as our credit rating falls. We're paying 2.69% on approaching two trillion now, 48 billions a year, 8% of all the government's tax income.
These cannot go up indefinitely. I remember those who reached over 10% interest rates and that would bankrupt us on our huge debt. Beyond a certain point there's no way out, Mexico being an example of permanent poverty after having to pay 14% to borrow at one time.
.
Just what the blue wall need to review their life choicesThis sounds exciting.
And yet we do don't we?There's always someone if the price is right, we just need to get more money coming in and less going out.
Covid or no Covid, we cannot live permanently on borrowing.
.
I have a cunning plan, Captain said BaldrickJavid told the Sunday Telegraph:What shocked me the most is when I was told that the waiting list is going to get a lot worse before it gets better.
It’s gone up from 3.5 million to 5.3 million as of today, and I said to the officials, so what do you mean ‘a lot worse’, thinking maybe it goes from 5.3 million to six million, seven million. They said no, it’s going to go up by millions... it could go as high as 13 million.
Hearing that figure of 13 million, it has absolutely focused my mind, and it’s going to be one of my top priorities to deal with because we can’t have that.
Until that moment his mind was unfocussed and the waiting list wasn't going to be a top priority.
To think that he had no idea of this before being made Health Secretary! Obviously qualified him for the job. I suspect pretty much every single contributor here understood there is almost certain to be a massive increase.
No, as I clarified later, I meant permanently increasing borrowing in real terms. That is ultimately impossible as explained.And yet we do don't we?
And relied previously on running a betting shop to cook the books
They have failed in that area as well. We should have seen extra crem capacity and JCB grave diggers. Obviously an ideal use of BEV technology so they can keep digging through what is left of funeral services.I have a cunning plan, Captain said Baldrick
Why not make an Undertaker the Health Secretary and cut out the middle men?
Already happening. In very early 2020 there was an application to build a big new crematorium and chapel with extensive car parking and a memorial garden in a very large field by the edge of our nature reserve. It was fiercely opposed by many local residents but for certain reasons, I and others connected with the nature reserve strongly supported it. However Tandridge Council refused planning permission in the end.They have failed in that area as well. We should have seen extra crem capacity and JCB grave diggers.