asterisk2a + babyboomers + working   59

Altenpflege und der Personalmangel: "Wir laufen auf eine Katastrophe zu" - SPIEGEL ONLINE
Kurz vor der Wahl wird der Pflegenotstand zum Thema. Im Interview spricht Ökonom Stefan Sell von Niedriglöhnen und Personalmangel - und erklärt, weshalb Altenpfleger in die Gewerkschaft eintreten sollten.
UK  NHS  Germany  health  care  demand  adult  Altenpflege  elderly  social  demographic  bubble  babyboomers  chronic  sick  population  premature  ageing  complex  Diseases  working  poor  Austerity  Altersarmut  CVD  diabetes  Cancer  obesity  overweight  patient  safety  Privatisation  profit  maximisation 
october 2017 by asterisk2a
Back to the future on inflation
[ no rising demand = no inflation ] Globalisation and the march of technology have strengthened the hand of employers and weakened that of workers. So it is no surprise that though unemployment has relentlessly fallen, wage growth remains in the doldrums.

Then there is the war between generations. As the baby boomers approached retirement, they sought to safeguard their wealth. Inflation-targeting central banks, the dismantling of the welfare state and fiscal austerity were the natural results. The modern macroeconomic constitution has disenfranchised the inflationary constituency of the young. &! https://www.project-syndicate.org/commentary/tax-cuts-for-the-rich-solve-nothing-by-joseph-e--stiglitz-2017-07
USA  UK  European  Union  inflation  targeting  GDP  demand  economic  history  babyboomers  Generationy  Generation  Generationengerechtigkeit  Millennials  Austerity  secular  stagnation  working  poor  Precariat  poverty  trap  social  income  mobility  inequality  1%  10%  Super  Rich  Plutocracy  Oligarchy  Taxation  trickle-down  ECB  Fed  BOE  BOJ  demographic  bubble  ageing  population  pension  scheme  obligation  Brexit  bank  bailout  recovery  GFC 
july 2017 by asterisk2a
Budget 2017: Hammond to tell us the Brexit vote could have been worse | Business | The Guardian
consumers carried on spending and businesses continued to expand.

The picture for the public finances is also looking rosier compared with Hammond’s maiden autumn statement in November. [...] But here’s what the chancellor will not tell you: living costs have gone up and will continue to do so. The poorest will be hit hardest as the cost of essentials such as food and heating take a growing chunk out of already tight family budgets. Wages will struggle to match rises in inflation and the government’s benefit cuts mean that incomes will fall for the poorest people in Britain. In short, unless the government does something significant to improve living standards this week, inequality will start rising again.
UK  JAM  working  poor  squeezed  middle  class  Precariat  Theresa  May  Philip  Hammond  Austerity  DWP  HMRC  inflation  wage  growth  social  mobility  inequality  income  Tories  Productivity  child  poverty  trap  output  gap  recovery  GFC  bank  bailout  nasty  party  Conservative  Generationengerechtigkeit  babyboomers  Millennials  generation  rent  living  standard  discretionary  spending  disposable  credit  taxation  household  debt  mortgage  housing  crisis  Consumer  Consumerism  economic  history  neoliberalism  interventionism  crony  capitalism  tax  evasion  avoidance  corporatism  Exploitation  zero  hour  contract  part-time  minimum  generational  divide  Triple  Lock  Pension 
march 2017 by asterisk2a
Homelessness expected to rise further as Government scraps housing benefit for young people | The Independent
cutting benefits will push up payments and cost of homelessness, destitution, drug abuse, crime, etc. - http://www.independent.co.uk/voices/housing-benefit-under-22-young-people-cut-theresa-may-save-money-ideological-cruel-a7612321.html?cmpid=facebook-post - Getting rid of housing benefit for 18 to 21-year-olds won't even save us that much money – it's ideological cruelty
When just 11,000 people will be affected (small fry in financial terms), it’s hard to escape the conclusion that the goal isn’t really to help people at all, but to punish them
JAM  UK  DWP  Austerity  Housing  Benefit  Council  Tories  generation  rent  nasty  party  Conservative  Disabled  ESA  destitution  JSA  sanctions  social  mobility  poverty  trap  Food  Bank  income  education  policy  Theresa  May  Philip  Hammond  Iain  Duncan  Smith  minimum  wage  living  standard  growth  child  working  poor  squeezed  middle  class  Precariat  Gini  Coefficient  CEO  pay  tax  evasion  avoidance  corporation  corporatism  bailout  crony  capitalism  neoliberalism  Damian  Green  Germany  Rentnerrepublik  babyboomers  inequality  Generationengerechtigkeit  generational  divide 
march 2017 by asterisk2a
Does The Myth of Meritocracy show us how to alleviate inequality?
No debate about social mobility is complete without reference to the supposedly halcyon days of the 1950s and 1960s. The class fluidity of those decades, however, was not the result of professions becoming more meritocratic. It was caused by an unprecedented rise in the number of middle-class jobs: there was more room at the top. [...] Bloodworth writes that 21st-century society is characterised by a dwindling of professional jobs and more people slipping downwards: there is “more room at the bottom”. [...] Globalisation has created what the economist Robert H Frank calls “winner-takes-all” markets
downward  mobility  social  mobility  income  mobility  inequality  Paul  Mason  book  post-capitalism  James  Bloodworth  Gini  coefficient  income  distribution  structural  unemployment  long-term  unemployment  skill  gap  skills  gap  skill  mismatch  skill-biased  technological  change  AI  artificial  intelligence  globalisation  globalization  rising  middleclass  squeezed  middle  class  BRIC  Manufacturing  economic  history  sociology  Brexit  Identitypolitics  Identitätspolitik  career  ladder  education  bubble  education  cost  autonomous  car  autonomous  cars  self-driving  cars  augmented  intelligence  Robotics  Robots  automation  neoclassical  economics  Chicago  School  trickle-down  economics  trickle-down  effect  1%  10%  20%  working  poor  Precariat  credit  card  credit  card  debt  consumerism  consumerist  austerity  bank  bailout  capitalism  in  crisis  neoliberal  neoliberalism  crony  capitalism  tax  evasion  tax  avoidance  Baby  Boomers  babyboomers  Elizabeth  Warren  Joseph  Stiglitz  poverty  trap  poverty  child  poverty  rentier  rent-seeking  winner  take  all  monopoly  monopsony  conglomerate  multinational  Toff  Privileged  Establishment  No  Representation  Politicians  career  politician  Centrist  meritocracy  meritocratic  plutocracy  oligarchy  capitalism 
july 2016 by asterisk2a
Shields and Brooks on voter disenchantment across the globe - YouTube
"the elites brought this partly on themselves // did not provide metropolitan nationalism and patriotism. // there is a political cause to the current real world economic problems on the street and households. // and cultural sense of loss. // if change is working for everyone ... but this is not that time. //
Brexit  immigration  European  Union  EEA  Career  Politicians  politician  neoliberal  neoliberalism  neoconservatism  neoconservatives  Toff  Privileged  Establishment  Freedom  of  Movement  globalisation  globalization  Nationalism  Nationalismus  Polarisation  demagogue  demagogy  populism  patriotism  inequality  social  mobility  squeezed  middle  class  working  poor  Precariat  poverty  Identitätspolitik  identity  multiculturalism  ethnicity  ethnics  culture  Baby  Boomers  babyboomers  Donald  Trump  Bernie  Sanders 
june 2016 by asterisk2a
Alan Greenspan on Brexit, U.S. Economy, and Inflation (Full Interview) - YouTube
UK out of Euro Currency but part of free trade single market was best option on table. // lack of leadership for political union and fiscal union aka ever closer union. not just currency and trade union (free trade). // GET AT THE ROOT ISSUE; productivity, ageing population (entitlement crisis), stagnant wages, secular stagnation = desperate population // European banks some still burdened by sov debt crisis/NPL (= zombie banks) & NIRP & QE & lack of uptake in business & consumer loans. // no back-up to the ECB (balance sheet) yet. what happens if the EURO stops being a hard currency? get Greece out, is a liability. // EU can not go on in Status Quo indefinitely. ie funding southern states. States have to get on course of economic harmony! everyone has to give up something! // Precariat/Squeezed Middle Class/Social Mobility = creates desperate people. // Entitlements are a legal issues. Productivity and Growth Rates can't fund entitlements. = There will be a crisis. // Career Politicians won't touch it. // History (look at M2) this environment ends up in inflation. not time or data.
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june 2016 by asterisk2a
Day of change turns rules upside down
And almost the entire establishment's appeal to the electorate was rejected. One member of the cabinet pointed to the problem: "they don't believe us".
Right now, it is not at all inevitable that's a problem the current generation of politicians will ever be able to fix.
Brexit  Career  Politicians  politician  No  Representation  Precariat  working  poor  squeezed  middle  class  poverty  UK  England  unitedkingdom  European  Union  Westminster  No.  10  disenfranchise  disenfranchised  immigration  structural  unemployment  long-term  unemployment  unemployment  election  campaign  promises  trust  babyboomers  Baby  Boomers  Establishment  Privileged  Toff  private  education 
june 2016 by asterisk2a
The Incredible Shrinking Middle Class - YouTube
Canada: Generation Jobless - https://youtu.be/4UUuMWqA8eE - "The Plight of Younger Workers" (Report).& underemployed graduates w fancy sounding degrees. [...] EDUCATION INFLATION! [...] an education does no more guarantee a comfortable middle class jobs, and parents are disappointed. [...] globalisation of workforce plus automation, robotics, AI, augmented intelligence. the new GM's and Toyota's and DuPonts need less and less workers to catch ever greater pies of the current and future economy. [...] rise of the project focused self-employed and the Gig Economy. //&! (USA) Invisible Reality; The Working Poor - youtu.be/806PSngTKgg //&! FULL STORY: Generation Poor - youtu.be/lB4w8MQPdEE //&! FULL STORY: The Labour Trap - youtu.be/cHBo3LgXUPA - precarious work is now more and more the norm. as well as exploitation of those conditions.
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june 2016 by asterisk2a
What the Panama Papers Tells Us About Global Capitalism
never seen David Cameron red-faced, so much! [...] sold in 2010!? And what was before that time? The time he was a MP!? [...] we are not all in this together, for sure! // book the hidden wealth of nations. - 7-8trn tax evasion and avoidance - not taxed. //&! Rumble - Just like FDR - Bernie Welcomes the GE CEO Hatred... - youtu.be/jT7NIoDS1gw - taking advantage of the tax laws THEY MADE.
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april 2016 by asterisk2a
Tyler Cowen: "The Great Stagnation", Michael Vassar & Cowen Debate at Singularity Summit 2011
gains are harder to come by! low hanging fruit gone. [...] VISION IS NEEDED TO GET THE JOB DONE.
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april 2016 by asterisk2a
Waiters And Bartenders Rise To Record, As Manufacturing Workers Drop Most Since 2009
On the surface, the March jobs reported was better than expected... except for manufacturing workers. As shown in the chart below, in the past month, a disturbing 29,000 manufacturing jobs were lost. This was the single biggest monthly drop in the series going back to December 2009. But not all is lost: as has been the case for virtually every month during the "recovery", virtually every laid off manufacturing worker could find a job as a waiter: in March, the workers in the "Food services and drinking places" category, aka waiters, bartenders and minimum wage line cooks, rose again to a new record high of 11,307,000 workers, an increase of 25K in the month, offsetting virtually all lost manufacturing jobs. This is how the two job series have looked since the start of 2015: 24k manufacturing jobs have been lost in the past 14 months compared to an increas of 365K food service workers.
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april 2016 by asterisk2a
Budget 2016 shows Osborne's failure on debt, surplus, GDP
// higher in-work poverty
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march 2016 by asterisk2a
Iain Duncan Smith resigns: Why? What next? - BBC Newsnight
youtu.be/e2XyYgkYNFE - Resignation stuck a knife into George Osborne. // working age on the bottom of the pile bore the burden of austerity. [...] weakness of labour party could mean Conservative will be in power for a long time. [...] this is big shot of Tory-out vs Tory-in. They wanted Osborne to fail. // tax credits, Google Tax Deal, ESA, PIP/DLA, .... //&! Iain Duncan Smith First interview since his shock resignation - youtu.be/hr5-WbzevyM &! youtu.be/ntKf3HtVNxs - lower gov income (income tax receipts and corp tax) pushed things ahead. No 10 ran DWP ... // Marr Show papers: IDS's resignation and budget shambles (20 Mar 16) - youtu.be/ZkNOxXZW9Kw //&! Budget 2016: Evan Davis grills Sajid Javid on the numbers - BBC Newsnight - youtu.be/L0TBTbfNgCw //&! Iain Duncan Smith Resignation Nothing To Do With EU - youtu.be/MJr2WmVtV1c &! youtu.be/_nAHvGZYkfY &! youtu.be/kvmOPZ0wP3o &! youtu.be/Hu_pnQBITPI
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march 2016 by asterisk2a
Work and Pensions Secretary Iain Duncan Smith QUITS Cabinet with vicious swipe at George Osborne over shambolic disability benefit cut U-turn Read more: http://www.dailymail.co.uk/news/article-3499499/Work-Pensions-Secretary-Iain-Duncan-Smith-QUITS-Cabin
[ we are all in this together ] [IDS PIP cuts] 'not defensible' alongside the tax breaks for the wealthy in this week's Budget. [...] He branded slash in benefits for the disabled as being 'indefensible.' IDS hit out at Osborne for lack of awareness and for letting the welfare system be 'salami-sliced' [...] 'I am unable to watch passively whilst certain policies are enacted in order to meet the fiscal self-imposed restraints that I believe are more and more perceived as distinctly political rather than in the national economic interest,' he wrote. The former Tory leader and standard-bearer for the Eurosceptic Right of the party admitted he wanted to cut benefits enjoyed by wealthy pensioners, but these plans were blocked by the Chancellor and the Prime Minister. [...] Mr Duncan Smith believed the Chancellor was too sly and devious in the way he went about balancing the nation’s books. [ Osborne wanted also to increase VAT Solar Panels ]
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march 2016 by asterisk2a
State pension changes: Charity finds 70,000 people won't qualify for pension under new rules | Home News | News | The Independent
Changes to the system coming into effect on 6 April mean that people will need 10 qualifying years to get any new state pension. This is a change from the existing regime which allows people to receive at least some state pension even with only a few years of NICs. [...] Age UK said it supports the aim of a simpler, fairer state pension, acknowledging it should benefit many people with low lifetime earnings due to low pay and caring responsibilities. But the charity is concerned that there are many approaching retirement, particularly women, who do not have a full NI record. [...] "People who haven't built up enough National Insurance can apply for Pension Credit, which works by topping up their other income and provides additional security in retirement.”
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march 2016 by asterisk2a
George Osborne warns of further spending cuts in Budget - BBC News
[ LOL! ] But recent figures showing the UK economy was smaller than expected meant savings must be found in his Budget statement on 17 March, he said. [...] Mr Osborne said he would rather look for extra cuts now than risk breaking his own manifesto commitment to achieve a surplus in the budget by the end of this Parliament. The chancellor did not completely rule out raising taxes in the event of a further slowdown in growth, but said that now was not the time for "significant" tax hikes. [...] I'm absolutely clear we've got to root our country in the principle that we live within our means and that we have economic security." [...] "whole purpose of our economic plan was to have a budget surplus. [...] we got big challenges at home to make the economy more productive even as more people get work. [ because having part of your budget in the property bubble is so productive ] [...] I will do what is required to keep our country safe and secure." [ NOT CHANGING PLANS ie U-TURN ]
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february 2016 by asterisk2a
Teacher shortages in England, spending watchdog confirms - BBC News
Teacher shortages in England are growing and the government has missed recruitment targets for four years, the official spending watchdog has said. It means 28% of secondary physics lessons are taught by teachers with no more than an A-level in the subject, the National Audit Office report says. Ministers have a "weak understanding" of local teacher shortages, it adds. The government said overall teacher numbers had risen and blamed unions for "talking down" the profession. While the overall number of teachers has kept pace with rising pupil numbers, teacher shortages are growing, particularly in poorer areas and at secondary level, according to the authors. [...] "Unless government radically tackles the pay, workload and excessive accountability that teachers currently suffer, this is a situation that will get increasingly worse," said Ms Blower. //&! bit.ly/1LfqZNB
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february 2016 by asterisk2a
Harald Welzer zum Thema Flüchtlinge - YouTube
Thomas Friedman - Germany hippieland? // Gunnar Heinsohn über den wahren Hintergrund des Asylwahns - youtu.be/zhzthrcmkBM - (16:11) Milton Freedman, only highly productive educated skilled people come to your country for work if there is work, if there is zero social safety net/welfare state. GERMANY NEEDS TO INTEGRATE, EDUCATE migrants with MASSIVE PUSH! MASSIVE! NEW OWN MARSCHALL PLAN thus that those don't end up on hartz-iv and ALG2/Aufstocker! Compassionately. Emphatically. And ask German Industry to help to overlook some minor issues like German and Math that can be fixed along the way! reform economic refugees. // TO MAINTAIN Exportweltmeister and keep stable the transferleistungsbilanz (welfare state/social safety net) // economic refugees also created via trade agreements, globalisation and competition. and borderless world. // Book "Selbstdenken" - youtu.be/v_FVRNlLZT4
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february 2016 by asterisk2a
Under-40s worse off as result of state pension changes, data shows | Money | The Guardian
[ how do you save up when you can afford housing (nor even a mortgage, have credit cards (drinks and presents), and student loan. all the while tories help to prop-up the property bubble, the only wealth uk households actually have! ] Most people now in their teens, 20s and 30s will be worse off as a result of changes to the state pension system, while millions of older people will gain, according to the government’s own figures. The data will fuel concern that millions of younger people are suffering from the effects of what has been dubbed “intergenerational unfairness”, partly caused by the government targeting money and resources at the older generation. DWP issued the data to back up its assertion that the introduction of the new flat-rate state pension in April “will make millions of people better off” – but the figures also provide stark confirmation that younger people will be losers from the changes.
DWP  George  Osborne  Iain  Duncan  Smith  pension  scheme  pension  obligation  public  pension  pension  fund  constituency  babyboomers  Generationengerechtigkeit  fairness  bank  bailout  GFC  neoliberalism  neoliberal  PR  general  election  2015  general  election  2010  election  campaign  promises  budget  deficit  corporate  welfare  tax  evasion  tax  avoidance  Positioning  spin  doctor  manufactured  consent  generation  rent  Housing  Crisis  student  loan  debt  debt  servitude  student  loan  Bubble  student  debt  credit  card  debt  household  debt  retirement  consumer  debt  car  loan  generational  contract  lost  generation  Millennials  zombie  consumer  materialism  status  anxiety  Celebrity  of  You  Tories  Conservative  Party  nasty  demographic  ageing  population  OAP  UK  western  world  secular  stagnation  property  mortgage  market  Help  to  Buy  Right  to  Buy  Buy-to-Let  wealth  distribution  plutocracy  Gini  coefficient  inequality  squeezed  middle  class  working  poor  low  income  tax  credit  precarious  work  Precariat  wage  stagnation  minimum  wage  wage  growth  income  growth  social  mobility  income  mobility  globalisation  globalization  flat  world  borderless  Policy  Makers  Westminster  Toff  Privileged  Establishment 
january 2016 by asterisk2a
Why should Rachel Watt have to sleep in her wheelchair? | Frances Ryan | Opinion | The Guardian
This is the hidden face of Britain’s social care crisis: disabled people left without help in their own homes. Read most coverage of the cuts to social care and it is easy to believe the crisis solely affects older people. According to research by Scope, 83% of disabled people in this country are now living without sufficient hours in their care package. That means being unable to get out of the house or waiting 14 hours to go to the toilet. This is what happens when austerity strips £4.6bn from social care spending in five years. As the government squeezes local authorities, social care has been left with a “funding gap” – a gaping wound, shall we say – that is growing by £700m a year. The King’s Fund thinktank has told the Guardian that the financial prospects for Britain’s social care system in 2016 “could not be worse”. [...] The biggest trick the government can play is the myth that any of this is inevitable. [...] It is the political choice[.]
Disabled  disability  austerity  Council  adult  social  care  elderly  care  NHS  health  care  health  care  budget  health  care  spending  vulnerable  Tories  Conservative  Party  nasty  Toff  ideology  DWP  Iain  Duncan  Smith  Jeremy  Hunt  dogma  Establishment  Privileged  Westminster  No  Representation  Career  Politicians  George  Osborne  David  Cameron  constituency  minority  budget2010  general  election  2015  general  election  2010  election  campaign  promises  babyboomers  premature  ageing  ageing  population  OAP  chronic  diseases  diet-related  disease  demographic  bubble  fairness  Generationengerechtigkeit  bank  bailout  tax  evasion  tax  avoidance  corporate  welfare  welfare  state  social  safety  net  recovery  GFC  subsidies  subsidizing  poverty  human  decency  subhuman  dehumanisation  human  being  human  tragedy  Super  Rich  1%  plutocracy  oligarchy  Party  Funding  food  poverty  neoliberalism  neoliberal  Rechtsruck  immigration  migration  squeezed  middle  class  working  poor  Precariat  low  income  far-right  UKIP  Positioning  PR  spin  doctor  populism  propaganda  Polarisation  manufactured  consent 
january 2016 by asterisk2a
Plan to end student grants without Commons vote outrages opposition | Politics | The Guardian
[ shifting public debt onto private debt balance sheet. = no vision! debt is still there in economy! paying higher interest rates. -- vs -- bankers gambling debt put on public balance sheet! ] Ministers have been accused of an “outrageous” attempt to sneak through their proposals to end student grants in England without proper scrutiny by MPs. The plan to scrap maintenance grants, which help half a million of the poorest students pay for university life, will go through a legislation committee on Thursday, without a vote and debate on the floor of the House of Commons. [...] Labour is opposing the change and the lack of scrutiny. Gordon Marsden, the shadow universities minister, said it was “not simply technical tinkering but a major change by the government that will deprive around half a million of England’s students from lower income and disadvantaged households, of maintenance grant funding”. // &! NHS nurse bursaries - ind.pn/1IYHYbk &! bit.ly/1IWZJI0 &! bbc.in/1RAhLRv
social  mobility  income  mobility  Gini  coefficient  household  debt  discretionary  spending  disposable  income  student  loan  debt  student  loan  Bubble  poverty  trap  poverty  child  poverty  tax  credit  education  policy  post  code  lottery  affordable  housing  social  housing  University  College  Maintenance  Allowance  Maintenance  Grant  NHS  Bursaries  Career  Politicians  No  Representation  democracy  social  democracy  bank  bailout  austerity  GFC  fairness  Generationengerechtigkeit  NHS  budget2015  nasty  party  Tories  Conservative  George  Osborne  David  Cameron  Manifesto  general  election  2015  election  campaign  promises  babyboomers  Super  Cycle  2016  debt  servitude  consumer  debt  credit  card  debt  debtoverhang  student  debt  fiscal  policy  economic  history  moral  beliefs  ethics  Toff  Privileged  Establishment  inequality  Super  Rich  1%  plutocracy  oligarchy  squeezed  middle  class  working  poor  Precariat  Crisis  cost  of  living  low  income 
january 2016 by asterisk2a
Top judge says justice system is now unaffordable to most | Law | The Guardian
[ the budget a excel spreadsheet in No 10, with grades @ the end what upsets donors & what upsets the minimum of potential voters - is Career Politicans calculated approach. & shifting a public item off the balance sheet onto the private balance sheet! again! the debt is still there! & what does Tory gov support? Home Buyers! ] Civil justice is unaffordable for most people, more people are being forced to represent themselves, and judges – whose pensions have been cut – feel under-appreciated, according to the lord chief justice. [...] “Our system of justice has become unaffordable to most,” Thomas said in the introduction to his report. “In consequence there has been a considerable increase of litigants in person for whom our current court system is not really designed. //&! Court fees jeopardise Magna Carta principles, says lord chief justice. Mandatory court charges of up to £1,200 put justice beyond reach of majority, says Lord Thomas - bit.ly/1ZXfhAE &! bbc.in/1RmyLMD
injustice  inequality  economic  justice  System  justice  austerity  Tories  nasty  party  Conservative  George  Osborne  David  Cameron  Westminster  No  Representation  Career  Politicians  Toff  Privileged  Establishment  democracy  social  democracy  lobbyist  lobby  Lobbying  GFC  white-collar  crime  bank  bailout  Gini  coefficient  revolving  door  Funding  constituency  babyboomers  working  poor  Precariat  tax  credit  budget2015  fairness  Generationengerechtigkeit  political  economy  political  theory  policy  folly  policy  error  household  debt  private  debt  budget  deficit  public  sentiment  Help  to  Buy  Scheme  Right  to  Buy  property  bubble 
january 2016 by asterisk2a
Jeremy Paxman: 'If you didn't vote, you're a moron' - YouTube
Charlie Brooker's Election Wipe 2015 - youtu.be/06520wqQV84 - //&! Jeremy Paxman & John Bishop on the state of our politicians! - youtu.be/ql-UKAXjCVE - only an idiot (Cameron) would want to celebrate people send to certain death, comparing it with the golden jubilee. //&! Jeremy Paxman: why the SNP are like Obi Wan Kenobi - youtu.be/Fdj7e7DSjaE
voter  turnout  Career  Politicians  No  Representation  UK  general  election  2015  babyboomers  constituency  demographic  bubble  Generationengerechtigkeit  fairness  austerity  premature  ageing  ageing  population  NHS  OAP  sick  population  health  crisis  chronic  diseases  diet-related  disease  cancer  diabetes  obesity  epidemic  obesity  overweight  heart  disease  A&E  Toff  Privileged  Establishment  Westminster  David  Cameron  George  Osborne  disenfranchise  disenfranchised  Perspektivlosigkeit  Precariat  working  poor  GFC  bank  bailout  generation  rent  Housing  Ed  Miliband  Jeremy  Hunt  Iain  Duncan  Smith  DWP 
january 2016 by asterisk2a
New year, old grievances: why Britain’s bugbears in 2016 look very familiar | Martin Boon | Opinion | The Guardian
A new survey of what’s on our minds reveals a nation still obsessed with the same things as in the 1960s - inequality and immigration [...] Seven out of 10 suggest that inequality and immigration create the biggest societal divides of today [ but tories take on what is easiest, immigration. but not inequality ] So nothing’s changed, and it’s likely not much will – at least, not if you’re a member of our world-weary public, exasperated with the collective failure of political solutions to modern-day grievances.
inequality  Gini  coefficient  UK  austerity  nasty  party  tax  evasion  tax  avoidance  corporate  welfare  corporate  tax  rate  CEO  pay  bank  bailout  GFC  general  election  2015  election  campaign  promises  constituency  babyboomers  Generationengerechtigkeit  Super  Rich  1%  non-dom  Conservative  David  Cameron  Toff  Westminster  Holyrood  Establishment  Privileged  UKIP  far-right  Brexit  Opportunism  opportunist  PR  Positioning  spin  doctor  HMRC  lobbyist  lobby  Lobbying  Career  Politicians  No  Representation  rat  race  working  poor  Precariat  NHS  education  policy  democracy  social  democracy  George  Osborne  migration  immigration  COP21  climate  change  War  on  Terror  military–industrial  complex  Lügenpresse  disenfranchise  disenfranchised  Perspektivlosigkeit  deprivation  squeezed  middle  class  Wall  Street  shared  economic  interest  crony  capitalism  globalisation  globalization  borderless  flat  world  uncertainty  Fear  fearmongering  Nationalism  Rechtsruck 
january 2016 by asterisk2a
Changing the benefit rules for EU migrants no effect on migration - Politics live | Politics | The Guardian
[ Evidence: Tories working on the fringes again to satisfy stern neocons and potential UKIP voters. Always the promise to reduce migration with new quick fix schemes. Voters demands are symptoms of ill democracy, democracy for the rich. Its always the others ... not those on top of the ladder having party time. ] Sir Stephen Nickell, one of the three members of the OBR’s budget responsibility committee, was asked about this, and this is what he said: Changing the benefit rules for EU migration so that they become more difficult to obtain - you are asking me what impact that is likely to have. In my opinion: not much. I am prepared to say that any changes to benefit rules are unlikely to have a huge impact on migration flows. But to go further and start trying to analyse the actual consequences is not within our remit.
Brexit  UK  immigration  migration  East  Europe  European  Union  Schengen  Agreement  PR  UKIP  neoconservatism  neoconservatives  nasty  party  Tories  Conservative  Career  Politicians  No  Representation  George  Osborne  Theresa  May  David  Cameron  general  election  2015  election  campaign  promises  Manifesto  Xenophobia  Rechtsruck  Unrechtsstaat  Rechtsextremismus  Islamophobia  fairness  democracy  social  democracy  bank  bailout  corporate  welfare  austerity  squeezed  middle  class  working  poor  Precariat  voter  turnout  constituency  babyboomers  tax  evasion  tax  avoidance  white-collar  crime  budget  deficit  welfare  state  social  safety  net  corporate  state  neoliberalism  neoliberal  trickle-down  economics  NHS  recovery  job  creation  job  security 
december 2015 by asterisk2a
HMRC asked tax avoider to sign pledge not to engage in practice again | Politics | The Guardian
HMRC asked tax avoider to sign pledge not to engage in practice again Department says letter was sent as part of series of measures to discourage wider issue of tax avoidance and was not a legally binding document. [...] [ out of the lions mouth ] "one man’s aggressive avoidance is another man’s sensible planning" [...] [ but benefit "scroungers" go to jail. one tax cheat has yet to go to jail // google "daily mail benefits cheat jailed" vs daily mail tax cheat jailed // tax cheats fleece state because they use infrastructure and services for free, have thought about that? but can't jail you because you create jobs, and thus have a meaning to capitalistic society. benefit claimants, the sick, the vulnerable, the disabled have no place in a capitalistic society and thus in Osborne's budget considerations nor for the NHS which is in his eyes (actions speak louder than words, no investment to better society ... where is the Big Society item?) only a cost item. ] [write ur own rules $]
HMRC  double  standard  benefits  benefit  sanctions  sanctions  welfare  state  corporate  welfare  social  safety  net  Food  Bank  tax  evasion  tax  avoidance  Super  Rich  1%  UK  nasty  party  Tories  Conservative  ethics  society  social  tension  social  cohesion  Daily  Mail  newscorp  News  Corp.  News  Corporation  Positioning  spin  doctor  reframing  framing  Polarisation  populism  neoliberalism  neoliberal  trickle-down  economics  skiver  scrounger  corporate  media  corporate  state  Wall  Street  profit  maximisation  shareholder  value  No  Representation  social  democracy  inequality  Gini  coefficient  Precariat  Iain  Duncan  Smith  DWP  George  Osborne  David  Cameron  general  election  2015  election  campaign  promises  budget2015  tax  credit  child  tax  credit  working  tax  credit  white-collar  crime  corporate  scandal  accounting  scandal  budget  deficit  lobbyist  lobby  Lobbying  Toff  Establishment  capitalism  crony  capitalism  austerity  macroeconomic  policy  microeconomic  policy  NHS  public  health  health  crisis  productivity  sick  day  output  gap  competitiveness  education  policy  underinvestment  short-termism  general  election  2020  fairness  Generationengerechtigkeit  babyboomers  Millennials  GFC  bailout  Westminster  Career  Politicians  economic  history  economic  justice  justice 
november 2015 by asterisk2a
Live Webcast - Social Class in the 21st Century - YouTube
Speakers: Dr Niall Cunningham, Professor Fiona Devine, Dr Sam Friedman, Dr Daniel Laurison, Dr Lisa McKenzie (author, getting by), Dr Andrew Miles, Professor Mike Savage, Dr Helene Snee, Dr Paul Wakeling // Precariat and Super Rich tend to disappear in surveys // book Inequality: What Can Be Done? - Book by Sir Anthony Barnes Atkinson // Dr Lisa McKenzie (author, getting by), "class in Britain is real, is pervasive and it hurts people." - precariat - 15% of the population. & It's the symbolic violence that hurts more. violence that keeps them out, keeps them down. looks down on them, laughs at them, ridicules them, telling them its their fault. // Meritocracy creates different class, meritocracy does not justify start existing inequality, because meritocracy does not work for everyone, not everyone can become a billionaire (Alain de Bottom) // & Thomas Picketty //&! bbc.in/1R4sNPU - Great British Class Calculator. Some Analysis.
Precariat  Middle  Class  Sozialer  Abstieg  Super  Rich  1%  book  warfare  fairness  babyboomers  Generationengerechtigkeit  austerity  Toff  Privileged  Establishment  minimum  wage  generationy  Polarisation  propaganda  manufactured  consent  corporate  media  Daily  Mail  corporate  state  Monarchy  21stcentury  British  Empire  stereotype  trope  Lügenpresse  culture  subculture  mass  culture  sociology  society  western  society  Gini  coefficient  inequality  income  inequality  gender  inequality  health  inequality  income  mobility  social  mobility  downward  mobility  post  code  lottery  celebrity  culture  Escapeism  Entertainment  working  class-warfare  plutocracy  oligarchy  income  distribution  tax  credit  tax  free  income  job  security  recovery  GFC  crony  capitalism  bank  bailout  corporate  welfare  tax  evasion  tax  avoidance  public  interest  public  awareness  public  perception  public  opinion  public  debate  public  discourse  education  policy  stigma  prejudice  judgement  snap  judgement  bias  public  health  policy  public  health  sick  population  unemployment  obesity  substance  abuse  symptom  human  decency  human  dignity  homelessness  poverty  child  poverty  food  poverty  poverty  trap  label  American  Dream  Political  Class  neoliberal  trickle-down  economics  CEO  pay  meritocracy  UK  USA  populism  spin  doctor  social 
november 2015 by asterisk2a
George Osborne vs John McDonnell - Treasury Questions - YouTube
"economic security for the country (& working people)" out of the mouth of Mr "Judgement Call" (that is what the tax credit cuts are, according to him, in front of select committee in house of commons hearing on the matter. // As if 12bn have no multiplier. 12bn for the corporate sharing it amongst their shareholders who have already bns, there is no multiplier at all. it just moves the digit after the comma. For the poop it is about paying for heating and new shoes. stupid. could afford welfare bill if corporates were to pay their fair share of taxes and not avoid and evade and no corporate welfare like for the steel industry (picking winners). = Show of Career Politician with some ideoligy and dogma and no principles. HE IS A MERCENARY. NOT A VISIONARY. A Career Politician. Calculated. Opportunistic. No long-term view. // IFS did say, in case of austerity, private sector has to pick up the slack. And it did since 2010. And new figures in household debt/credit card debt shows that.
George  Osborne  tax  credit  child  tax  credit  working  tax  credit  general  election  2020  Policy  Makers  error  renewable  energy  Hinkley  Point  C  TBTF  property  bubble  generation  rent  Housing  Crisis  tax  evasion  tax  avoidance  fairness  Generationengerechtigkeit  infrastructure  investment  underinvestment  industrial  energy  price  energy  productivity  output  gap  job  creation  Research  R&D  STEM  gender  inequality  gender  pay  gap  education  social  mobility  income  mobility  downward  mobility  Gini  coefficient  Super  Rich  1%  Toff  constituency  Establishment  election  campaign  promises  general  election  2015  babyboomers  Privileged  Entitlement  corporate  welfare  fossil  fuel  big  pharma  sick  population  Sugar  food  industry  obesity  epidemic  obesity  childhood  obesity  folly  nasty  party  Opportunism  opportunist  minority  No  Representation  Career  Politicians  David  Cameron  Conservative  Tories  capital  gains  tax  corporate  tax  rate  competitive  competitiveness  zombie  consumer  household  debt  consumer  debt  credit  card  debt  credit  card  budget  deficit  Super  Cycle  austerity  low  pay  low  income  Niedriglohn  Niedriglohnsektor  Service  Sector  Jobs  secular  stagnation  wage  stagnation  income  growth  squeezed  middle  class  income  distribution  income  redistribution  income  inequality  wage  growth  lost  generation  House  of  Lords  UK  Parliam 
october 2015 by asterisk2a
Robert Reich - Timeline Photos
What about all the ballyhoo about manufacturing jobs coming back to America? Well, some have. But they pay lousy wages. The average wages of production and non-supervisory employees in manufacturing are lower today than they were in 1985, when adjusted for inflation. [...] Bottom line: Most Americans have got zilch out of this recovery. In fact, they’re worse off now than they were in 2000. Meanwhile, the top 0.1 percent is doing fabulously well. More and more people are concluding the game is rigged -- which it is. No one should be surprised at the surge in populist anger on the left and the right.
USA  job  creation  recovery  industrial  policy  wage  growth  wage  stagnation  UK  western  society  western  world  secular  stagnation  squeezed  middle  class  Sozialer  Abstieg  income  growth  economic  growth  disposable  income  income  distribution  income  mobility  income  inequality  income  redistribution  social  mobility  Gini  coefficient  Super  Rich  1%  discretionary  spending  zombie  consumer  credit  card  debt  credit  card  car  loan  2015  GFC  reflate  reflation  globalization  globalisation  flat  world  borderless  competitive  competitiveness  competition  low  pay  low  income  labour  market  labour  economics  Service  Sector  Jobs  Niedriglohn  Niedriglohnsektor  precarious  work  Precariat  working  poor  Joseph  Stiglitz  Robert  Reich  poverty  child  poverty  food  poverty  poverty  trap  generationy  babyboomers  participation  rate  manual  labour  Millennials  retirement  mainstreet  Wall  Street  profit  maximisation  shareholder  value  tax  evasion  tax  avoidance  capital  gains  tax  corporate  tax  rate  dogma  ideology  neoliberalism  neoliberal  republicans  democrats  public  awareness  public  perception  American  Dream  post-racial  America  economic  justice  fairness  bank  bailout  TBTF  too  big  to  jail  too  big  to  bail  Generationengerechtigkeit  budget  deficit  austerity  populism  corporate  corporate  r 
october 2015 by asterisk2a
Chris Hedges June 8, 2015 Town Hall Seattle - YouTube
Ceased all power and rendered the citizen powerless. This is no capitalistic democracy. This is crony capitalism. Capitalism has no internal constraints. remove external constraints & it will see & use everything (private free market enterprise) as replaceable & commodity w a price (even the planet): the environment, workers health. &! non-violent revolution! // Revolutions are internal affairs w different dynamic. All succesful revolutions are fundamentally non-violent. No revolution is successful until sizable internal protection/security defects (Whistleblower et al) and refuses to fight for the discredited regime/plutocracy/oligarchy/Elite/Super Rich/1%/Corporation/crony capitalism/tax evasion/tax avoidance and joins the revolution. // Living in truth & speaking the truth to power. Pulling people into the streets & discrediting the status quo. Dont pit people against each other. Essay. The power of the powerless // If we do not break it. We & our children have no future!
Revolution  Super  Rich  crony  capitalism  Bernie  Sanders  Jeremy  Corbyn  SNP  Nicola  Sturgeon  Career  Politicians  No  Representation  bottom  up  democracy  Elite  oligarchy  plutocracy  regiem  climate  change  Generationengerechtigkeit  fairness  global  warming  economic  damage  ecological  disaster  environmental  disaster  corporate  media  corporate  state  manufactured  consent  propaganda  Polarisation  populism  corporate  scandal  Rebellion  Millennials  constituency  babyboomers  generationy  book  intellectual  corporate  welfare  corporate  values  corporate  culture  corporate  governance  self-regulation  regulation  regulators  post-racial  America  prison–industrial  complex  medical-industrial  complex  Surveillance-Industrial  military–industrial  complex  Oppression  abuse  of  power  American  Dream  injustice  Justice  System  white-collar  crime  Zivilgesellschaft  Gesellschaft  Wertegesellschaft  courage  Zivilcourage  Moral  Imperative  civil  courage  civil  society  civic  society  Protest  Protest  Partei  Protest  Party  civic  life  civic  good  social  tension  social  cohesion  social  uprising  social  capital  socialism  social  contract  austerity  social  mobility  income  mobility  Gini  coefficient  inequality  income  distribution  corporate  tax  rate  tax  evasion  tax  capitalism  economic  avoidan 
october 2015 by asterisk2a
Doctors, teachers, the police – public servants are demoralised | Will Hutton | Comment is free | The Guardian
To toil in the present-day NHS is thankless. [...] Whatever its merits, a workforce whose morale is already low sees it as yet more evidence that professionals’ views don’t count. Morale takes a further downward lurch. [...] Thus by 2020, the government will have imposed an unprecedented 10-year freeze in real pay across the public sector, shrunk its numbers by more than 1.5 million and offered as little upward career progression to public employees as it possibly can. A new industry of private contractors feeding off contracted-out public work will have been invented, offering even worse pay and conditions than the public sector itself. To raise taxes that might alleviate the crisis is ideologically prohibited. [...] Employees are voting with their feet. Between November 2013 and November 2014, 49,120 teachers quit – the highest rate on record. Nearly four in 10 newly qualified teachers leave after their first year. [...] [ Met warned less police officers on street ]
austerity  NHS  Public  Services  Social  Services  elderly  care  education  policy  post  code  lottery  neoliberalism  neoliberal  Privatisation  safety  net  welfare  state  Wertegesellschaft  society  Tories  nasty  party  Conservative  Toff  Privileged  Establishment  Entitlement  dogma  ideology  inequality  Gini  coefficient  mobility  income  mobility  poverty  child  poverty  poverty  trap  working  poor  Precariat  Police  fairness  Generationengerechtigkeit  tax  evasion  tax  avoidance  corporate  scandal  deprivation  Perspektivlosigkeit  corporate  welfare  Wall  Street  shareholder  value  profit  maximisation  budget  deficit  Rechtsruck  No  Representation  Career  Politicians  democracy  bank  bailout  recovery  GFC  trickle-down  economics  corporate  tax  rate  trust  community  contract  political  theory  babyboomers  Millennials  generationy  generation  rent  Polarisation  corporate  state  corporate  media  Manufacturing  service  sector  Bernie  Sanders  lobbyist  lobby  Lobbying  vested  interest  interest  groups  Jeremy  Corbyn  Labour  general  election  2020  George  Osborne 
october 2015 by asterisk2a
Iain Duncan Smith calls people without a disability "normal"
The art of cruelty: why the Conservative attack on disabled people harms us all. No sick person responds to their diagnosis by thinking, “I can scam taxpayers for £73 a week!” [...] Not only is in-work poverty a larger drain on the benefits system than the unemployed, but most of the things that help disabled people get back to work have been cut. [...] They got away with this by launching an all-out propaganda assault that portrays disabled and workless people as “scroungers”, “sponging” off the state, when presumably they should be grateful not to be left on a hillside to die as would have been done in the good old days. [...] This is Tory Britain. [...] The welfare state is being dismantled and rebuilt as a machine to manage and discipline the workforce into accepting precarious labour, low pay and no social safety net. [...] this way the Tories can persuade the most vulnerable in society to accept their fate and the rest of us to believe that they deserve it. [...] moral hazard
Iain  Duncan  Smith  DWP  vulnerable  Disabled  mental  health  mental  illness  JSA  ESA  welfare  state  social  safety  net  unemployment  long-term  unemployment  youth  unemployment  structural  unemployment  Positioning  Tories  reframing  framing  PR  spin  doctor  constituency  general  election  2015  election  campaign  promises  babyboomers  fairness  Generationengerechtigkeit  child  poverty  child  tax  credit  bank  bailout  austerity  social  tension  deprivation  Perspective  Perspektivlosigkeit  Toff  Privileged  Establishment  Entitlement  nasty  party  Super  Rich  1%  Public  Services  Services  sickness  benefit  housing  benefit  benefits  social  housing  affordable  housing  poverty  poverty  trap  food  poverty  precarious  work  Precariat  underemployed  part-time  working  poor  Zero  Hour  Contract  Contractor  job  security  job  creation  labour  market  minimum  wage  low  income  low  pay  morality  GFC  crony  capitalism  Sozialer  Abstieg  capitalism  Existenzangst  squeezed  middle  class 
october 2015 by asterisk2a
So you hate the Tories – but what comes next? | John Harris | Comment is free | The Guardian
Tory conference: Cameron's 'assault on poverty' pledge belied by new figures. [...] planned welfare cuts would lead to 200,000 more working households in poverty by 2020. bit.ly/1Nop8vl - The thinktank’s analysis also indicates that the number of all households – both in and out of work – that will be in poverty at the end of the parliament is projected to rise by 700,000 to nearly 4 million. The report will pile further pressure on ministers to rethink how they protect the working poor, following the introduction of controversial plans to cut tax credits in the first budget immediately after the election. //&! bit.ly/1VIjIQ0 - Podcast &! Tories hollowness in their tax credit cut & talking abt social mobility @ their conference (audacity [spin&PR& repeating the message over & over they want to get across] to speak abt poverty @ their conference) - bit.ly/1WQaheJ - masking their rightwing neoliberal policy pitching it as centre - bit.ly/1jeVqfG &! bit.ly/1LsHNPO redefine center
Conservative  Party  Tories  Labour  Party  Toff  Privileged  Establishment  Entitlement  babyboomers  constituency  general  election  2015  election  campaign  promises  Jeremy  Corbyn  David  Cameron  George  Osborne  Jeremy  Hunt  Iain  Duncan  Smith  Boris  Johnson  Theresa  May  Big  Society  austerity  DWP  NHS  general  election  2020  Brexit  tax  credit  child  tax  credit  working  tax  credit  child  poverty  welfare  state  social  safety  net  poverty  trap  2015  budget2015  PR  spin  doctor  reframing  framing  SNP  The  Vow  The  Smith  Comission  Devolution  Westminster  Career  Politicians  No  Representation  Scottish  independence  referendum  immigration  migration  European  Union  London  bank  bailout  banking  crisis  bank  crisis  tax  evasion  tax  avoidance  HMRC  corporate  state  manufactured  consent  Polarisation  Generationengerechtigkeit  fairness  Millennials  generationy  propaganda  corporate  media  populism  social  mobility  income  mobility  food  poverty  education  policy  Maintenance  Allowance  Student  Maintenance  Grant  Student  Loan  Bubble  multiculturalism  working  poor  precarious  work  job  security  Trade  Union  Workers  Union  Zero  Hour  Contract  Contractor  underemployed  part-time  self-employment  recovery  GFC  fiscal  policy  monetary  policy  reflate  reflation  property  Housing  UK  Precariat  income  poverty 
october 2015 by asterisk2a
Huge pension shortfall facing UK's young adults | Money | The Guardian
[ has to put away 10% of disposable income/earnings ?pre-tax?, put it in equities, and open the envelope only after 60-70 years. ] The average 35-year-old has to save £660,000 into a pension plan if they have any hope of matching the standard of living enjoyed by today’s pensioners – but have so far managed to put aside just £14,000.
retirement  savings  savings  rate  savings  glut  disposable  income  discretionary  spending  pension  pension  scheme  squeezed  middle  class  wage  stagnation  wage  growth  income  growth  income  gap  income  distribution  income  inequality  low  income  Sozialer  Abstieg  working  poor  Precariat  precarious  work  financial  literacy  zombie  consumer  consumerism  consumerist  materialism  status  anxiety  babyboomers  generationy  Millennials  status  symbol  consumption  consumer  debt  household  debt  private  debt  student  loan  debt  Bubble  stagnation  secular  stagnation  competitive  competition  competitiveness  globalization  globalisation  flat  world  borderless 
september 2015 by asterisk2a
Protestbewegungen in Europa: Die Lust auf Links - SPIEGEL ONLINE
Sex, Job, Geld: In Kernbereichen des Lebens fühlen sich immer mehr Menschen überfordert. Während im Politikbetrieb neoliberale Konzepte dominieren, wächst die Anhängerschaft linker Ideen - in der Hoffnung auf ein würdiges Leben.
neoliberalism  neoliberal  austerity  neoconservatism  neoconservatives  lefty  crony  capitalism  lobbyist  lobby  Lobbying  revolving  door  Jeremy  Corbyn  inequality  Gini  coefficient  social  mobility  Super  Rich  1%  income  mobility  downward  mobility  welfare  state  social  safety  net  education  policy  squeezed  middle  class  babyboomers  precarious  work  Precariat  working  poor  job  security  Zero  Hour  Contract  job  market  globalization  global  trade  globalisation  global  economy  borderless  flat  world  Career  Politicians  No  Representation  social  Generationengerechtigkeit  fairness  bank  bailout  banking  crisis  capitalism  Wall  Street  shareholder  value  shared  economic  interest  profit  maximisation  mainstreet.org  Union  Workers  Union  political  economy  economic  history  trickle-down  economics  tax  evasion  tax  avoidance  manufactured  consent  Lügenpresse  corporate  media  corporate  state  Polarisation  GFC  Europe  UK  USA  Germany  refugee  crisis  reflate  reflation  recovery  equity  bubble  QE  ZIRP  NIRP  property  bubble  speculative  bubbles  asset  bubble 
september 2015 by asterisk2a
Homelessness figures: Nearly 100,000 children in England 'homeless' - BBC News
Nearly 100,000 children in England are living in temporary accommodation after being made homeless, new figures show. // &! More & more student start work after graduation in low pay jobs not requiring a diploma, due to current job market/job creation situation in UK! Not hitting 21k repayment threshold - bbc.in/1OU0K3H - OBR show fewer are likely to start paying than was expected when the policy was introduced, [...] freezing the loan repayment threshold - alongside other changes such as replacing maintenance grants for poorer students with loans - will significantly increase the cost of going to university. It says this risks undermining pledges by successive governments to improve social mobility, as well as raising uncertainty in students' minds over the terms of their borrowing. //&! Higher education cuts 'risk NI being left behind' - bbc.in/1gZMrgj //&! Doctors warn Tories not to cut free school meals (child poverty, food poverty) bbc.in/1LewQrn
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september 2015 by asterisk2a
It’s the British establishment that has a problem with democracy | Seumas Milne | Comment is free | The Guardian
‘Rewarding major donors with seats in parliament and jobs in government is a long-established British tradition.’ [...] But political corruption and the implacable opposition of the spooks and military to progressive change are the traditional forms of anti-democratic politics, in Britain, as elsewhere. For the past generation it has been the corporate embrace, the revolving doors, the privatised contracts, the “free trade” treaties, European Union directives, and the removal of economics from democratic control under the neoliberal rules of the game that have set the boundaries of acceptable politics. [ Jeremy Corbyn is a symptom/backlash to the status quo ] Since the 2008 crash the rejection of that broken economic model and the hollowed-out politics that reflects it has spread across the western world, now including Britain. Which helps explain why Cameron’s Conservatives have turned to the most retrograde measures to bring opposition to heel. //&! bit.ly/1FWK86Y
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september 2015 by asterisk2a
One Map Shows Just How Expensive College Can Be for Students Making Minimum Wage
[S]ubstantial evidence that lack of information plays a critical role in shaping the financial decisions people make. Consider how a vast majority of people who are currently defaulting on their student loans in the U.S. would be able to halt their financial suffering if they knew they could enroll in an income-based repayment plan that would shrink or eliminate their monthly payments. This map goes some way toward explaining why low-income students are less likely to enroll in college. If the idea that college is a risky investment is something thats gaining traction in well-to-do circles, then surely people who hail from less fortunate backgrounds are even more inclined to think the potential price is too high. // could be seen as balance sheet recession: rising cost of education - & on other side - unable 2 pay w job u can get (asset value). Education is mispriced in UK/USA in a new world going forward! >> youtu.be/_EDGTzOXa_g?t=1h46m5s
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september 2015 by asterisk2a
Millennials Can't Afford Cars, and Are Fine With That - Bloomberg View
As somebody who wondered in a column last week whether people in developed countries were perhaps learning that they no longer needed as much stuff as they used to, and whether this might lead to big shifts in the global economy, I read on with great interest. [...] The changes in young adults' consumption habits have clearly been influenced by economic forces. But economic forces shape societal attitudes, too. I also don't see much sign that these economic forces are about to reverse. Both these things can be true: The median 25-to-34-year-old has less to spend, and is less interested in spending it on a car.
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september 2015 by asterisk2a
Vince Cable: Osborne is cynical but will be next prime minister | Politics | The Guardian
“Some of the greatest pressure came on Iain Duncan Smith at the Department for Work and Pensions, whose poor, disabled, unemployed and otherwise vulnerable clients were seen as easy targets for cuts. “IDS was a significant figure, and a fundamentally decent man, but he spent much of his time fighting off pubescent advisers and Treasury officials with cruel ideas for saving money.” [ // they are not the majority of voteres, that vote tories, and thus him, into office at the next election. the poor, vulnerable. disables are not his constituency he has to bank on to follow after David Cameron. ]
austerity  welfare  state  Opportunism  opportunist  babyboomers  vulnerable  Disabled  DWP  Iain  Duncan  Smith  George  Osborne  Tories  Gesellschaft  fairness  Generationengerechtigkeit  general  election  2015  election  campaign  promises  budget2015  Career  Politicians  No  Representation  neoliberalism  neoliberal  dogma  ideology  Privatisation  UK  short-term  thinking  short-term  view  policy  error  voter  turnout  apathy  corporate  tax  rate  capital  gains  tax  tax  code  Super  Rich  1%  Privileged  Establishment  Toff  JSA  ESA  social  safety  net  social  mobility  income  mobility  Gini  coefficient  poverty  trap  child  poverty  poverty  PR  spin  doctor  David  Cameron  lobbyist  lobby  Lobbying  revolving  door  Wall  Street  shareholder  value  profit  maximisation  self-regulation  deregulation  Zero  Hour  Contract  precarious  work  Precariat  tax  credit  child  tax  credit  working  tax  credit  working  poor  Contractor  underemployed  part-time  minimum  wage  Food  Bank  poverty  2015  Polarisation  propaganda  populism  manufactured  consent  corporate  state  corporate  media  reframing 
september 2015 by asterisk2a
Soziale Gerechtigkeit und Wachstum: Deutschland mittelmäßig - SPIEGEL ONLINE
Wie gut gelingt es Staaten, eine nachhaltige Wirtschaftspolitik mit sozialer Gerechtigkeit zu vereinen? Deutschland landet in einer Studie des Weltwirtschaftsforums nur im Mittelfeld. Vor allem das Steuersystem schneidet schlecht ab. // &! bit.ly/1K7qKCb - Erbschaft!
Generationengerechtigkeit  fairness  austerity  Gini  coefficient  social  mobility  income  mobility  downward  mobility  inequality  gender  inequality  economic  growth  tax  free  income  kalte  Progression  coldprogression  Universal  Basic  Super  Rich  1%  Public  Services  Services  welfare  state  social  safety  net  OECD  IMF  Robert  Reich  Joseph  Stiglitz  Thomas  Piketty  tax  avoidance  tax  evasion  capital  gains  tax  income  tax  infrastructure  infrastructure  investment  commuting  chronic  stress  child  poverty  poverty  trap  food  poverty  well  being  happiness  index  neoliberalism  neoliberal  Workers  Union  precarious  work  Precariat  working  poor  minimum  wage  tax  credit  education  policy  underbanked  poverty  Sozialer  Abstieg  squeezed  middle  class  corporate  tax  rate  Privatisation  underinvestment  productive  investment  investment  Public  Good  Career  Politicians  short-term  long-term  competitiveness  globalisation  globalization  borderless  flat  world  job  security  Zeitarbeit  Leiharbeit  Zero  Hour  Contract  Contractor  tax  code  lobbyist  lobby  Lobbying  shared  economic  interest  Wall  Street  profit  maximisation  shareholder  value  Mittelstand  SME  SMB  Germany  society  culture  Gesellschaft  babyboomers  Millennials  generationy  bank  social  bail 
september 2015 by asterisk2a
Vince Cable: ‘Historically, the coalition will be seen as a success’ – interview | Politics | The Guardian
[A] look at the post-crash global economy, is the first fruit of that freedom. After toeing the line for five years, he can go public with his criticisms of chancellor George Osborne’s handling of the economy. He warns that the emphasis on consumption rather than investment, the continuing reliance on house price inflation as the driver of growth, the decline in productivity and innovation mean fundamental problems are not being addressed. He is also the first minister to lift the lid on the coalition: we learn the Tories could be likable colleagues but “collectively appalling, with ugly tribal prejudices”; that Osborne and David Cameron were unable “to move Theresa May an inch”; that Osborne’s Treasury effectively controlled government, with a hands-off Cameron; and that, in Cable’s view, Nick Clegg and Danny Alexander were too accepting of the Treasury line. [...] [ Cameron the PR man, being in office for the sake of just being in Office ] &! bit.ly/1KROBLk
George  Osborne  David  Cameron  Career  Politicians  No  Representation  social  contract  political  theory  austerity  Tories  Conservative  Party  Toff  Establishment  Privileged  Generationengerechtigkeit  fairness  Liberal  Democrats  UK  policy  folly  policy  error  budget2015  underinvestment  R&D  STEM  Research  productive  investment  infrastructure  investment  public  investment  business  investment  productivity  output  gap  Richard  Koo  economic  history  trickle-down  economics  neoliberalism  neoliberal  Gini  coefficient  child  poverty  poverty  trap  DWP  Iain  Duncan  Smith  income  mobility  social  mobility  inequality  London  bank  bailout  self-regulation  deregulation  investment  banking  tax  evasion  tax  avoidance  Opportunism  opportunist  short-term  corporate  tax  rate  income  tax  Super  Rich  1%  babyboomers  education  policy  tax  free  income  working  poor  precarious  work  Precariat  tax  credit  working  tax  credit  child  tax  credit  social  housing  affordable  housing  asset  bubble  property  bubble  equity  bubble  2015  generation  rent  student  loan  debt  student  loan  student  debt  disposable  income  discretionary  spending  household  debt  job  creation  Service  Sector  Jobs  Niedriglohnsektor  self-employment  general  election  2015  election  campaign  promises  class  warfare  secular  stagnation  recovery  GFC  debt  social  sover 
september 2015 by asterisk2a
Thom Hartmann "The Crash of 2016" - YouTube
7:10 American Dream not abt being Super Rich, part of 1%, self-made millionaire. American Dream is abt live a good life, meaningful work. Launch children into world. Edu. Vacation. & Left over 4 retirement. having a voice; Workers Union. Health Care. Some little savings. Retirement Fund. // Wages did not keep up with productivity gains, if they had, minimum wage would be about $22! - bit.ly/1NZLVwc // 1trn$ in student loans/debt! that is what post-war gen had in assets! // (neoliberalism and neoconservative) Think Tanks; like Kato Institute, produce papers that are pushed to media 'getting our message across' (control media), also control over our justice system, & control over our education (our story, ie X Prof and read Ayan Rand). // Middle Class once invested in college & university. Was seen as intellectual class, society pillar. Till the last 32 years. // cites Fourth Turning book! // re-peat of 1929, = GFC // &! youtu.be/nUWaXZWhnqA &! youtu.be/polYrI4Us84
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september 2015 by asterisk2a
Is Channel 4's Benefits Street 'poverty porn'? - Newsnight - YouTube
misrepresentation of minority and under-represented who usually have no voice, are not heard. but exploited, in opportunistic way. // "The villain is the system that makes/forces them to live such a life." // subsidizing poverty wages. // // welfare state disproportionate debates and displayed to CEO pay and tax evasion and avoidance (size/cost of 1 year of tax evasion/avoidance = 1 parliamentary term of welfare state budget) and working poor and precarious working conditions. // Its the easiest thing to do vs the hardest thing to do - for Career Politicians. and charging hard against corporate and private tax evasion and avoidance, does NOT fill your parties funds and galas in london, and it does not make emotional headlines for tabloids to exploit.
corporate  media  benefits  welfare  state  UK  populism  propaganda  vulnerable  Disabled  corporate  state  manufactured  consent  public  image  public  awareness  public  debate  public  discourse  austerity  dogma  ideology  George  Osborne  Iain  Duncan  Smith  DWP  JSA  ESA  Tabloid  neoliberalism  neoliberal  exploitation  society  social  safety  net  distortion  Tories  Conservative  Party  Toff  Privileged  opportunist  Opportunism  Establishment  poverty  child  poverty  food  poverty  poverty  trap  babyboomers  fairness  Generationengerechtigkeit  minority  public  perception  bias  prejudice  snap  judgement  working  poor  precarious  work  Precariat  tax  credit  child  tax  credit  working  tax  credit  tax  free  income  minimum  wage  budget2015 
august 2015 by asterisk2a
Why we Polish are downing tools to get the recognition we deserve | John Zylinski | Comment is free | The Guardian
[ Tories and Co pit them, us all, against each other ]
immigrants  immigration  scape  goat  smoke  mirror  David  Cameron  UKIP  Nigel  Farage  George  Osborne  DWP  Iain  Duncan  Smith  austerity  UK  Service  Sector  Jobs  job  market  job  creation  Sozialer  Abstieg  squeezed  middle  class  Niedriglohn  Niedriglohnsektor  Lohnzurückhaltung  lohndumping  labour  market  Workers  Union  Zeitarbeit  Leiharbeit  economic  history  industrial  policy  STEM  Manufacturing  manufactured  consent  propaganda  populism  Career  Politicians  No  Representation  short-term  thinking  short-term  view  national  interest  Xenophobia  racism  Tories  Conservative  Party  policy  folly  policy  error  Makers  social  contract  social  cohesion  social  tension  welfare  state  neoliberalism  neoliberal  babyboomers  Generationengerechtigkeit  skills  gap  skill-biased  technological  change  globalisation  globalization  borderless  flat  world  competitive  competitiveness  competition  London  economies  of  agglomeration  Westminster  SNP  Scotland  Wales  Northern  Ireland  progressive  coldprogression  kalte  Progression  financial  repression  bank  bailout  bailout  zombie  banks  GFC  recovery  political  theory  precarious  work  social  policy  Party  workin 
august 2015 by asterisk2a
Müllers Memo: Frau Merkels Verständnis von Wirtschaft - SPIEGEL ONLINE
Angela Merkel lächelte leicht spöttisch. Bei der Vorstellung des Gutachtens der fünf Wirtschaftsweisen äußerte die Kanzlerin Zweifel daran, wie "ein Beschluss, der noch nicht in Kraft ist, jetzt schon eine konjunkturelle Dämpfung hervorrufen kann". Gemeint war der Mindestlohn, dessen anstehende Einführung der Sachverständigenrat als Wachstumskiller gebrandmarkt hatte. [...] Niemand, auch nicht die fünf Wirtschaftsweisen, erwartete damals einen durchschlagenden Erfolg der Agenda-2010-Reformen von Gerhard Schröder. Doch dann entwickelten die Hartz-Gesetze im Zusammenspiel mit dem Globalisierungsboom ab 2006 eine überraschende Sogwirkung. Insbesondere weil viele Menschen bereit waren, für ziemlich wenig Geld eine Beschäftigung anzunehmen. Heute bekommt fast ein Viertel der Beschäftigten in Deutschland eine Bezahlung, die Arbeitsmarktforscher als Niedriglöhne klassifizieren. &! http://www.spiegel.de/wirtschaft/soziales/rente-immer-mehr-aeltere-menschen-arbeiten-a-1003237.html
Agenda  2010  Niedriglohn  Niedriglohnsektor  Germany  Angela  Merkel  economic  history  Europe  precarious  work  working  poor  hartz-iv  economics  labour  economics  labour  market  Lohnzurückhaltung  mindestlohn  lohndumping  job  security  sociology  socioeconomic  status  social  status  status  anxiety  Future  of  Mobile  Creative  Mobile  Creatives  flat  world  globalisation  globalization  competitive  competitiveness  Exportweltmeister  Precariat  Why  Software  Is  Eating  the  Software  Is  Eating  Robotics  automation  algorithm  Services  Industry  service  economy  service  infrastructure  investment  education  policy  short-term  thinking  short-term  view  kalte  Progression  coldprogression  babyboomers  generationy  Millennials 
november 2014 by asterisk2a
BBC News - Child poverty set to rise, says social mobility commission
The UK risks becoming a "permanently divided" society unless "radical new approaches" are taken by the next government, a report suggests. [...] Housing costs and youth unemployment needed to be tackled. [...] 'Relative poverty' The existing targets were put in place in 2010 by the last Labour government. Currently, a child is classed as being in relative poverty if his or her family income is less than 60% of median earnings. (Here's an explanation of how the median is worked out.) [...] The House of Commons Scottish Affairs Committee defined absolute poverty as "the lack of sufficient resources with which to keep body and soul together". "[A]bsolute child poverty increased by 300,000 between 2010-11 and 2012-13" and "independent experts expect child poverty to increase significantly over the next few years". It also says that "working poverty after housing costs is rising". 20% of Scottish children and 24% of Welsh children live in absolute poverty.
child  poverty  poverty  food  poverty  Gini  coefficient  income  inequality  income  mobility  social  mobility  downward  mobility  education  policy  Services  Career  Politicians  No  Representation  Toff  Elite  Privileged  youth  unemployment  lost  generation  tax  avoidance  tax  evasion  crony  capitalism  social  cohesion  austerity  IMF  George  Osborne  David  Cameron  working  poor  tax  free  income  squeezed  middle  class  living  wage  babyboomers  generationy  Millennials  parenthood  parenting  childhood  childhood  development  minimum  wage 
october 2014 by asterisk2a
NorthernSparrow comments on Student loans have hit a record high of $1.2 trillion, putting a crimp in The American Dream of owning a home and starting a family. And it’s affecting the broader economy too.
But back then you could work hard and it would pay off for you; now you work just as hard and it doesn't. Also I had the freedom to choose a lower-paying career deliberately, a career that I found fascinating. I could only do that because I had no debt. I don't understand boomers who don't realize how lucky they were and how much it has changed.
studentdebt  student  loan  debt  Bubble  student  loans  USA  Super  Cycle  Millennials  generationy  education  policy  social  mobility  income  mobility  Gerechtigkeit  fairness  Gini  coefficient  inequality  creative  destruction  Mobile  Mobile  Creatives  Future  of  Work  Year  of  Code  practical  skills  practical  skill  set  life  balance  quality  of  life  working  poor  squeezed  middle  class  babyboomers 
october 2014 by asterisk2a
The Rise Of Europe's Religious Right
For the most part, though, issues dear to social conservatives were a side issue in elections driven heavily by economic frustration. [...] The suddenness with which social conservatives became a force in Brussels has many progressives speculating that they are the creations of American social conservatives seeking to “export the culture wars.” [...] Today, American ties seem much more about a shared vision to build a global conservative movement rather than leaning on stronger and wealthier U.S. partners for support. // http://www.salon.com/2014/02/28/the_dying_right_why_christian_fundamentalists_are_in_panic_mode_partner/ || Pro Progressive - the hard things are hard bc they are worth doing it. It's easy to turn ones back. But its hard to hold your face into the storm that is brewing. Holding onto status quo is not worth the struggle, it is a futile short-term view - as the status quo is not sustainable.
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july 2014 by asterisk2a
Why Americans Are Moving Less: New Jobs Aren't Worth It - Richard Florida - The Atlantic Cities
[symptom of the working poor and squeezed middle class and wage stagnation || http://youtu.be/_k9q8rBfRVY + http://youtu.be/akVL7QY0S8A + http://youtu.be/nIimu0LF4JA + http://youtu.be/BOMoC0_m5pQ // Americans are moving less—and not as far—because it's not nearly as worthwhile economically. Most moves are local, from neighborhood to neighborhood in the same city or county, and are largely driven by seeking better housing or more proximity to family and friends. But long-distance moves between states are different. These interstate moves are typically driven by those seeking better job opportunities. Since the 1980s, neither the job opportunities nor the potential for better wages have made such moves worth it, according to the study. It finds that by 2013 the rate of interstate relocations had fallen 51 percent below its 1948 to 1971 average levels, the peak years for such longer-distance moves.
working  poor  squeezed  middle  class  wage  stagnation  inequality  income  mobility  income  inequality  social  mobility  USA  fiscal  policy  public  policy  Gini  coefficient  middle  class  Robert  Reich  economic  history  Thomas  Piketty  economics  microeconomic  policy  microeconomics  macroeconomic  policy  macroeconomics  elizabethwarren  Elizabeth  Warren  babyboomers  generational  contract  Debt  Super  Cycle  sovereign  crisis  private  consumer  bubble  jubilee  zombie  consumer  Consumerism  productivity  minimum  wage  living  wage  secular  stagnation  stagnation  labour  market  labour  market  participation  Super  Rich  lobby  Lobbying  lobbyist  crony  capitalism  revolving-door  presidency  barackobama  Career  Politicians  accountability  transparency  democracy  corporate  governance  governance  job  market  job  creation  skill-biased  technological  change  skills  knowledge  worker  White-collar  Blue-collar  Higher  Education  bubble  formal  cost  Apprenticeships  on  job  training  Germany  UK  Europe 
april 2014 by asterisk2a
▶ Insatiability, and the 15-hour week - YouTube
comparing yourself to others, you never have enough. what is the purpose. is there enough? *Aristotle Leisure - educating people about Leisure. >> periods of time where your choices dominate. to develop your personal projects. Anglo Saxon work environment - work seeps though at home though laptops and mobile phones with work mailboxes. Germany has more strict boundaries of work because of its work ethic. Measure human well being. (GDP)
Book  well  being  measurement  western  lifestyle  generationy  minimalismus  Greed  babyboomers  work  ethic  GDP  Robert  Skidelsky  generational  change  rat  race  burnout  productivity  income  distribution  Aristotle  philosophy  economic  history  minimalism  Leisure  Time  working  poor  social  science  happiness  income  mobility  social  study  people  management  work  life  balance  Leisure  satisfaction  millenials  western  society  Germany 
september 2013 by asterisk2a
PIMCO Mohamed El-Erian nonfarm payroll labor market 23 September 2013 | ForexLive
But – these headline numbers are not the full picture, there is much detail in the report that paints a much more sobering view: [...] Taken together, “rather than confirming the paradigm of gradual and steady improvement, these disaggregated numbers attest to a highly segmented, multi-speed labor market – one with features that could become more deeply embedded in the structure of the economy” http://www.project-syndicate.org/commentary/the-downside-of-us-labor-market-data-by-mohamed-a--el-erian
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september 2013 by asterisk2a

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