asterisk2a + minimum   261

National minimum wage rise still fails to cover living costs, study shows | Society | The Guardian
Workers on the national minimum wage would still need to work for an extra six weeks just to cover their everyday living costs, despite an inflation-beating pay rise from this weekend, according to analysis.

More than 2 million workers are to receive a pay rise of at least 4.4% from Sunday, as the government’s national living wage increases to £7.83 per hour from £7.50 for over-25s. The increase amounts to more than £600 per year for full-time workers on basic pay.
minimum  wage  Precariat  working  poor  poverty  trap  UK  Mindestlohn  Aufsticker  Hartz-IV 
march 2018 by asterisk2a
Funding the NHS: Is it finally time for a new approach? - BBC News
A ring-fenced tax for health and social care has been resisted in the past by the Treasury. Such a policy is known by economists as hypothecation. Opponents, including Treasury mandarins, believe it ties the hands of chancellors.

But, intriguingly, a former top civil servant at the Treasury, Sir Nick Macpherson, has come out in favour of a ring-fenced tax which is renewed every five years.
NHS  hypothecation  Politics  Sugar  Tax  nudge  nanny  state  prevention  public  health  crisis  winter  Austerity  sickcare  demand  chronic  sick  population  demographic  bubble  ageing  premature  CVD  Cancer  diabetes  healthcare  diet  lifestyle  self-medication  Alcohol  minimum  pricing  alcoholism  food  addiction  abuse  Council  bedblocking  bed  blocking  adult  elderly  social  care  pension  scheme  obligation  disabled  DWP  mental 
january 2018 by asterisk2a
Sports Direct and its staffing agencies paid workers £1m too little | Business | The Guardian
HM Revenue & Customs said this policy amounted to a uniform and a deduction from pay to cover the clothing took pay below the legal minimum. Primark has since introduced a more flexible policy and provides some clothing free.

A Primark spokesperson said: “The average amount paid back per employee was £23.75 and relates to a workwear policy that was changed in 2016.”
minimum  wage  working  poor  exploitation  Capitalism  neoliberal  policy  neoliberalism  workers  trade  union  HMRC  tax  evasion  avoidance  poverty  trap  zero  hour  contract  part-time  taxcredit  self-employment  Precariat  No  Representation  income  growth  social  mobility  discretionary  spending  disposable 
december 2017 by asterisk2a
More than 24,000 Scots hospitalised because of drinking
50p minimum price per one unit of alcohol, to come into effect March 2018, after years of legal fight against the alc lobby vested interest. (Sugar Tax, ) - http://www.bbc.co.uk/news/uk-scotland-scotland-politics-42066394 - Minimum pricing has been broadly welcomed by health bodies and alcohol awareness groups, who say it will target the kind of drinking that leads to the greatest harm. //
People from the most deprived areas are nearly eight times more likely to need help, according to the NHS. There were 36,235 alcohol-related hospital admissions last year - the equivalent of more than 100 a day. They involved 24,060 individual patients - up from the 35,376 admissions involving 23,656 patients the previous year. Alcohol-related admissions had been falling for almost a decade but the latest figures show there were 685.2 hospital admissions per 100,000 people last year - an annual increase of almost 2%. //&! http://www.scotsman.com/news/politics/drink-related-hospital-stays-on-the-rise-1-4619230
NHS  Scotland  Alcohol  minimum  pricing  alcoholism  deprivation  addiction  coping  mechanism  maladaptive  Austerity  poverty  trap  Precariat  binge  drinking  Society  class  Gesellschaft  Sociology  working  poor  Council  childhood  care  Policy  public  health  prevention  sickcare  demand  chronic  sick  population  mental  psychology  psychiatry  depression  aus­sichts­los  hoffnungslos  hopelessness  hopeless  Aussichtslosigkeit  human  condition  humanity  homeless  homelessness  abuse  substance  Opioid  war  on  drugs  tobacco  food–industrial  complex  Sugar  processed  food  lobby  vested  interest  revolving  door  profit  maximisation  obesity  liver  overweight 
november 2017 by asterisk2a
Care homes face 'huge shortfall' in available beds - BBC News
Up to 3,000 elderly people will not be able to get beds in UK care homes by the end of next year, research suggests.
Research commissioned by BBC Radio 4's You and Yours programme reveals a huge shortfall in the number of beds available.
Increasing demand from an ageing population could see that grow to more than 70,000 beds in nine years' time.
The Department of Health said local authorities in England had been given an extra £2bn to help fund social care.
But in the past three years one in 20 UK care home beds has closed, and research suggests not enough are being added to fill the gap.
NHS  bed  blocking  bedblocking  Council  adult  care  home  social  elderly  Disabled  Austerity  STP  minimum  wage  minimumwage  rationing 
august 2017 by asterisk2a
Peter Tauber und die Mini-Jobber : Voll vertwittert - Kommentar - SPIEGEL ONLINE
Angela Merkel wird der Ausfall maßlos ärgern. Es lief ja alles rund bis hierher, nun aber muss sich die Union mit dem Vorwurf der sozialen Kälte herumschlagen. Dass die CDU-Chefin jetzt rasch öffentlich und offensiv auf Distanz zu ihrem schon länger in der Kritik stehenden Generalsekretär geht, damit ist allerdings nicht zu rechnen. Merkel wird die Sache nicht noch größer machen wollen und hoffen, dass der Sturm schnell vorüberzieht.
BTW17  working  poor  Precariat  Minijob  Teilzeit  Werkvertrag  Zeitarbeit  education  policy  welfare  state  social  income  mobility  ladder  inequality  upward  Germany  Angela  Merkel  CDU  neoliberal  neoliberalism  Agenda2010  poverty  trap  Armut  Aufstocker  ALG2  minimum  wage  mindestlohn  Austerity 
july 2017 by asterisk2a
Linken-Wahlkampf: Wagenknechts Attacke auf Rot-Rot-Grün | ZEIT ONLINE
Ein Fünftel der Menschen arbeite im Niedriglohnsektor, Millionen Rentner seien von Armut bedroht, rechnet Wagenknecht vor und zitiert Wirtschaftsforscher, denen zufolge 40 Prozent der Erwerbstätigen heute weniger als Ende der 1990er Jahre verdienen würden. "Das ist doch ein Armutszeugnis für die ganze Politik", sagt die Spitzenkandidatin. Wenn Kanzlerin Angela Merkel (CDU) behaupte, Deutschland gehe es gut, kenne sie die Lebensrealität nicht.
BTW2017  Die  Linke  Germany  Precariat  working  poor  minimum  wage  Mindestlohn  inflation  living  standard  disposable  income  discretionary  spending  Agenda2010  neoliberal  neoliberalism  Leiharbeit  Zeitarbeit  zero  hour  contract  ZHC  poverty  trap  Kinderarmut  Altersarmut  Angela  Merkel  GroKo 
june 2017 by asterisk2a
UK firms struggle to find employees – even before Brexit bites | Money | The Guardian
The signs of rising demand for temporary staff will fan fears about economic insecurity for UK workers as many find themselves struggling to make ends meet because they are on zero-hours contracts or taking work on a self-employed basis with no access to holiday or sick pay. In response to such worries, Theresa May last year commissioned a review of modern employment from Matthew Taylor, the head of the Royal Society of Arts (RSA).

Taylor, the former head of Tony Blair’s policy unit, is due to publish his report in the summer but will provide a flavour of his findings in a speech on Tuesday. At his annual RSA lecture, he will call on policymakers and employers to make all work “good work” – which he defines as “fair and decent, with scope for development and fulfilment”.
working  poor  Precariat  skills  gap  UK  Brexit  poverty  trap  underinvestment  Austerity  apprenticeship  education  policy  Conservative  Party  nasty  Tories  Theresa  May  trickle-down  zero  hour  contract  minimum  wage  contractor  self-employment  platform  capitalism  tax  evasion  avoidance  social  income  mobility 
may 2017 by asterisk2a
Help us fix Brexit labour shortage with Saturday jobs, say employers | Society | The Guardian
Her comments come as the hospitality sector this week became the first major UK industry to set out a plan to reduce its dependence on EU workers. Without future EU migration, the British Hospitality Association said, hotels, restaurants and others faced a recruitment crisis, with upwards of 60,000 workers per year needed in addition to the ongoing recruitment of 200,000 workers to replace churn.
Brexit  EEA  immigration  working  poor  low  wage  minimum  work  Visa  UK 
april 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
Record 910,000 UK workers on zero-hours contracts | Business | The Guardian
Nearly 1m people on controversial terms but growth slowdown points to ‘zero-hours juggernaut’ grinding to a halt, say experts
zero  hour  contract  gig  economy  HMRC  DWP  tax  credit  taxcredit  minimum  wage  Mindestlohn  national  insurance  productivity  service  sector  UK  Germany  NI  underemployed  Self-Employment  part-time  Universal 
march 2017 by asterisk2a
Prosecutions 'rare' for abuse by home carers - BBC News
But the local government ombudsman, Michael King, said there was a growing problem over standards of home care.
Ombudsman complaints about homecare rose by 25% last year to 372, and 65% of them were upheld.
He told the BBC: "What we see is just the tip of the iceberg.
UK  Council  Austerity  elderly  care  adult  social  NHS  abuse  scandal  Disabled  welfare  state  ageing  population  chronic  sick  demographic  bubble  compassion  empathy  stress  minimum  wage 
march 2017 by asterisk2a
'It feels like a wilfully ignored secret': how commentators painted Stoke-on-Trent all wrong | UK news | The Guardian
(career) politician placards and journalists (headline grabbing) can only tell one-line slogan stories. ... for "ordinary people" there is just no space. and they can't make space for them. [...] Not many of these accounts left any room for complexity, nor any recognition of Stoke’s collective push for regeneration and revival, and plenty of local people greeted them with a mixture of anger and anxiety. [ also sold out to professional class, the ascendent as on the other side of the pond ]
Brexit  complexity  DonaldTrump  Donald  Trump  AfD  PEGIDA  economic  history  squeezed  middle  class  working  poor  Precariat  globalisation  globalization  underinvestment  Austerity  Storytelling  GFC  bank  bailout  trickle-down  inequality  social  mobility  structural  unemployment  underemployment  part-time  minimum  wage  living  standard  technological  Career  Politicians  book  Redaktionsschluss  Labour  Tories  Conservative  Party  nasty  NHS  Professional  London  Productivity  Services  Journalism  Journalismus 
february 2017 by asterisk2a
Why the Daily Show had to change - YouTube
Donald could also be interpreted as a backlash (white, latino, black, .. BAME) that also the black guy didn't make it better for us (the workin folk) and HRC campaign was all about 'its all good.'
BarackObama  Post-racial  America  USA  DonaldTrump  Donald  Trump  Poverty  working  poor  squeezed  middle  class  Matt  Taibbi  Thomas  Frank  book  professional  NAFTA  Bill  Clinton  Hillary  HRC  GFC  bank  bailout  TPP  TTIP  TISA  globalisation  globalization  Precariat  social  mobility  Trickle-down  1%  10%  Super  Rich  Plutocracy  Oligarchy  No  Representation  income  wage  growth  minimum  Food  Stamps  BAME  Democrats  GOP  Republicans 
february 2017 by asterisk2a
Booming gig economy costs £4bn in lost tax and benefit payouts, says TUC | Business | The Guardian
Study shows low-paid self-employment and zero-hours contracts costing exchequer £75m a week – a quarter of England’s weekly social care budget [...] Their relatively low earnings also make them more likely to need to rely on in-work benefits such as tax credits and housing benefit, the TUC said. [...] “The huge rise in insecure work isn’t just bad for workers. It’s punching a massive hole in the public finances too,” said TUC general secretary Frances O’Grady.
HMRC  Treasury  Whitehall  Westminster  Lobby  Consultant  zero  hour  contract  Self-Employment  gig  economy  welfare  state  Governance  Government  Precariat  working  poor  Poverty  part-time  minimum  wage  minimumwage  mindestlohn  Zeitarbeit  Leiharbeit  LHA  DWP  George  Osborne  Philip  Hammond  Iain  Duncan  Smith  housing  benefit  tax  credit  child  taxcredit  Austerity  secular  stagnation  crony  capitalism  bailout  corporatism  neoliberalism  exploitation  profit  maximisation 
february 2017 by asterisk2a
Zwei neue Bücher über Armut - Markige Skandalisierung gegen spröde Analyse
40% der bevoelkerung von armut bedroht. hoffnuslos das kinder aus der armut raus kommen. abgeschafft, das man selber nicht mehr aus der armut heraus kommt.
book  poverty  homelessness  homeless  Germany  Precariat  Soziale  Marktwirtschaft  Agenda2010  Agenda  2010  hartz-IV  UBI  Universal  Basic  Income  redistribution  gini  Coefficient  neoliberalism  Armuts  Risiko  social  mobility  squeezed  middle  class  working  poor  Self-Employment  gig  economy  zero  hour  contract  Zeitarbeit  part-time  minimum  wage  worker  union  workers  trade  Leiharbeit 
february 2017 by asterisk2a
UK faces return to inequality of Thatcher years, says report | Business | The Guardian
Pressure on the government to help struggling Britons has intensified after a leading thinktank warned that falling living standards for the poor threatened the biggest rise in inequality since Margaret Thatcher was prime minister.

The Resolution Foundation said Theresa May would need to make good on her pledge to support “just about managing” households as it released a report showing that rising inflation and an end to recent strong jobs growth would hit the least well-off hardest.
UK  Brexit  Austerity  tax  credit  Tories  JAM  nasty  party  Conservative  poverty  fuel  working  poor  Precariat  zero  hour  contract  Contractor  Self-Employment  gig  Economy  1099  part-time  social  mobility  income  distribution  redistribution  squeezed  middle  class  technological  unemployment  underemployed  underemployment  trap  education  policy  public  health  inequality  Food  Bank  gini  Coefficient  Triple  Lock  Pension  JSA  ESA  DWP  minimum  wage  taxation  evasion  avoidance  HMRC  NHS  inflation  living  standard  disposable  discretionary  spending  Card  consumer  debt  household  underinvestment  skills  skill-biased  Productivity  output  gap  downward  upward  Theresa  May  George  Osborne  David  Cameron  Philip  Hammond 
february 2017 by asterisk2a
Inquiry launched into UK gender laws amid fears over Brexit effect | World news | The Guardian
[ one particular NHS already breaking EU overtime work directive ] Areas of equality law to be examined include measures to guarantee equal pay, protection for part-time workers and during pregnancy, and combating so-called intersectional discrimination, where someone faces potential disadvantage for not just their gender but another area, for example race or religion. [...] While the government had promised to protect equality and the rights of workers following departure from the EU, Smethers said, the concern was that some protections could be lost almost inadvertently amid wider changes. [...] “The real worry we’ve got is that those kind of assurances are actually quite superficial, and they are probably a second order commitment compared to the need to secure a competitive economy, and how we compete if we’re outside the trading bloc,” Smethers said. &! Sports Direct, JD Sports - https://www.theguardian.com/business/2017/jan/29/140-jd-sports-staff-hospital-warehouse-rochdale
Brexit  EEA  immigration  Visa  discrimination  inequality  Equality  Act  2010  self-regulation  deregulation  Regulation  regulators  workers  union  trade  UK  USA  deal  NHS  LGBT  rights  Legal  Aid  minimum  wage  gig  economy  Self-Employment  tax  evasion  avoidance  HMRC  neoliberalism  neoliberal  crony  Exploitation  capitalism  corporatism  profit  maximisation  zero  hours  contract  contractor  part-time 
january 2017 by asterisk2a
Naomi Klein on Trump Election: "This is a Corporate Coup d’État" - YouTube
Hillary's low voter turn-out. compared to Obama enthusiasm, gave it Trump. // Trump not republican, not ideolog, trump testing what will keep him in office (things might escalate). But Cabinet is Trump and Republican conspiracy. // "This is a Corporate Coup d’État" Cabinet picks are panic picks in part, to hold back progressive policy in west (regulating banks, pollution etc etc) ... next 100 days in favour of the SWAMP //&! ie shredding Net Neutrality - Meet The Man Who Might Kill The Internet - https://youtu.be/0DUM-7h1AlY - FCC appointment Ajit Pai. - if you are a corporatists, you want to limit competition, the small players coming up from down there ...
USA  presidential  election  2016  DonaldTrump  Donald  Trump  Cabinet  GOP  Republican  neoliberalism  crony  Capitalism  Net  Neutrality  Climate  Change  Global  Warming  military–industrial  complex  self-regulation  deregulation  Washington  pollution  Labour  Union  Workers  minimum  wage  lobby  fracking  revolving  door 
january 2017 by asterisk2a
Wir Sklavenhalter – Ausbeutung in Deutschland | Das Erste - YouTube
missstranede in fleisch und agrar industrie! via werkvertrag. east-europeans. BBC exposed exploitation on UK Apple Farms. Apples in ASDA Tesco and Co. // fearful bc their only chance to feed their families. // cheapest place to produce meat. // 'we are human robots.' // arbeitsmigranten = arbeiten bis zum umfallen. // Ausbeutung - mit falschen versprechen gelockt nach Deutschland. // geisterarmee - eigentum anderer menschen // Moderne Sklaven, fesseln sind im inneren.
Wertegesellschaft  society  Zivilgesellschaft  Gesellschaft  Menschenhandel  human  trafficking  Brexit  UK  France  Germany  low-wage  working  poor  exploitation  Werkvertrag  teilzeit  part-time  mindestlohn  minimum  wage  Precariat  Precarious  Amazon  food  industry  meat  industrial-complex  contractor  Slavery  Leiharbeit  Prostitution  sex  work  worker 
december 2016 by asterisk2a
Armutsfalle Teilzeitjob – vor allem für Frauen | FAKT | Das Erste - YouTube
zzt muss man 45 jahre vollzeit mit mindestens +11 euro die stunde arbeit. um nicht im alter in die sozialfalle zu fallen. altersarmut. altersgrundsichrung = hartz-iv im alter.
gender  pay  gap  working  poor  Poverty  teilzeit  part-time  minijob  Precariat  Precarious  altersarmut  pension  minimum  wage  mindestlohn  Germany  Liberal  Economic  reform  Austerity  UK  USA  squeezed  growth  income  downward  mobility  social  hartz-IV  ALG2 
december 2016 by asterisk2a
Arm trotz Arbeit (Dokumentation Deutsch) Doku - YouTube
keine zusammengehoerigkeit. kann sich nicht mehr vergleich. exzess. berufliche gratifikations kriese. keine sicherheit. keine upward mobility. keine social acknowledgement.
poverty  working  poor  UK  Germany  France  OECD  minimum  wage  squeezed  middle  class  income  inequality  distribution  Super  Rich  1%  10%  20%  Plutocracy  Monopoly  oligopoly  Leiharbeit  Zeitarbeit  zero  hour  contract  contractor  ALG2  Aufstocker  tax  credit  well  being  status  anxiety  Precariat  mental  health  public  social  Burnout  chronic  stress  Gesellschaft  Sociology  socioeconomic  outsourcing  Zivilgesellschaft  Psychology  Lohndumping  gini  Coefficient 
december 2016 by asterisk2a
Gig economy threatens government finances, says May adviser | Business | The Guardian
“There is no question that the growth of self-employment and incorporation is having a significant impact on our revenues.” It is not known how many of the UK’s 4.7m self-employed workers are engaged in work that could also be classed as employment, but if only 10% were, that could imply an annual loss to the exchequer of close to £1bn, according to the Guardian’s estimate.

The exchequer does not receive employer national insurance contributions on behalf of self-employed workers. [...] Writing in the Guardian, Taylor says Britain’s employment system “has weaknesses and is not future-proof”
Self-Employment  Uber  Deliveroo  tax  avoidance  NHS  evasion  pension  Precarious  work  working  poor  Gig  Economy  1099  UK  budget  HMRC  technological  unemployment  JSA  DWP  Platform  Capitalism  minimum  wage 
november 2016 by asterisk2a
BREAKING First Interview: Bernie Sanders On Donald Trump Winning the Election - Nov 10th 2016 - YouTube
minimum wage, gender wage gap, infrastructure, trade deals, ... tax evasion & avoidance! - will he tackle it? // don't take anger out on minorities and poor (help by language of government, ie deserving poor and undeserving poor) - what the tories did successfully.
DonaldTrump  Donald  Trump  presidency  Super  Rich  1%  10%  20%  Plutocracy  tax  evasion  avoidance  minimum  wage  working  poor  productivity  output  gap  value  creation  added  job  education  policy  squeezed  middle  class  GFC  bank  bailout  poverty  Demagogue  Populism  Racism  Bernie  Sanders  UK  underinvestment  underemployed  underemployment  Manufacturing  technological  unemployment  inequality  income  growth  gini  Coefficient 
november 2016 by asterisk2a
No end in sight: more austerity for the poor and disabled - YouTube
DWP is asking NHS (CRISIS, active rationing, months long wait lists), public services, community services to support chronically ill MORE! to be able, eventually, possibly, go to work in any capacity. ie part time. to reduce welfare bill. scroungers bill. feckless bill. // [ instead should get qualified ppl in HMRC to hunt down tax evasion and avoidance, duh! ] THUS shows it is ideological. // bc track record so far w private (and public) companies to get the feckless and scroungers into full-time gainful above minimum wage/working poor, has failed! failed miserably. they think there is a huge gap, where there is not (similar to output gap). // TRIPLE LOCK PENSION! SEEMS TO STAY AT LEAST TILL 2020. // & https://youtu.be/Z8fQ2G5TWBU - Ken Lochar "turning working poor and unemployed against each other." &! https://www.theguardian.com/society/2016/oct/31/sick-pay-and-work-assessments-to-be-reviewed-jeremy-hunt-reveals
DWP  Concentrix  privatisation  WCA  Universal  Credit  Triple  Lock  Pension  Damian  Green  Theresa  May  George  Osborne  David  Cameron  Austerity  Disabled  JSA  ESA  UK  long-term  unemployment  structural  low  pay  minimum  wage  working  poor 
november 2016 by asterisk2a
Up to 70% of people in developed countries 'have seen incomes stagnate' | Business | The Guardian
Research by the McKinsey Global Institute found that between 65% and 70% of people in 25 advanced countries saw no increase in their earnings between 2005 and 2014. The report found there had been a dramatic increase in the number of households affected by flat or falling incomes and that today’s younger generation was at risk of ending up poorer than their parents. Only 2% of households, 10 million people, lived through the period from 1993 to 2005 – a time of strong growth and falling unemployment – without seeing their incomes rise.
western  world  squeezed  middle  class  working  poor  Precariat  wage  growth  income  growth  income  distribution  inequality  Gini  coefficient  poverty  child  poverty  developed  world  recovery  GFC  austerity  secular  stagnation  wage  stagnation  wage  deflation  minimum  wage  minimumwage  mindestlohn  capitalism  capitalism  in  crisis  technological  unemployment  economic  history  OECD  IMF  Brexit  AfD  far  right  right-wing  far-right  income  inequality  income  mobility  social  mobility  income  redistribution  tax  avoidance  tax  evasion  neoliberal  neoliberalism  aggregate  demand  short-fall  aggregate  demand  Front  National  triple-lock  pension  UK  Germany  USA  France  shareholder  capitalism  winner  take  all  globalisation  globalization  profit  maximisation  profit  maximization  dividends  CEO  pay  career  ladder  Politicians  career  politician  No  Representation  Protest  Vote 
july 2016 by asterisk2a
Brexit vote boosts case for inclusive growth | Bruegel
finding calls for more inclusive growth, which is defined by the OECD as “economic growth that creates opportunity for all segments of the population and distributes the dividends of increased prosperity, both in monetary and non-monetary terms, fairly across society.” [...] finding calls for more inclusive growth, which is defined by the OECD as “economic growth that creates opportunity for all segments of the population and distributes the dividends of increased prosperity, both in monetary and non-monetary terms, fairly across society.”
Brexit  Protest  Vote  income  distribution  Gini  coefficient  poverty  UK  child  poverty  fuel  poverty  income  growth  wage  growth  structural  unemployment  long-term  unemployment  inequality  1%  10%  20%  Super  Rich  plutocracy  recovery  squeezed  middle  class  working  poor  minimum  wage  minimumwage  mindestlohn  Precariat  working  tax  credit  child  tax  credit  disposable  income  discretionary  spending  consumer  debt  household  debt  credit  card  debt  credit  card  economic  history  USA 
july 2016 by asterisk2a
Technological Unemployment (2013) w Jacque Fresco
wikipedia Jacque Fresco // MORE AI, automation, robotics, augmented intelligence, self-driving cars = LESS AGGREGATE DEMAND (disposable income of the middle class, working class & working poor) [...] productivity has risen but incomes NOT! [...] & companies are making more money for shareholders & owners with less & less people (see Facebook) [...] Industry doesnt care abt people. They hire people because it hasnt been yet automated. [...] A JOBLESS RECOVERY & JOBLESS GDP GROWTH [...] routine middle class jobs eliminated fastest! [...] pace of destruction is greater than pace of creation of new jobs! [...] ie Lawyer Software searching through files via augmented intelligence //&! Humans Need Not Apply - youtu.be/7Pq-S557XQU //&! Jerry Kaplan ((re)distribute wealth more equally - youtu.be/JiiP5ROnzw8), Rifkin (Zero Marginal Cost), Paul Mason (post-capitalism) book //&! UBI a must in future - youtu.be/WMF-Z74C1QE &! youtu.be/mEV-kAjtm9U &! youtu.be/9pdU_Rkwzes
technological  unemployment  aggregate  demand  aggregate  demand  short-fall  disposable  income  discretionary  spending  squeezed  middle  class  western  world  working  class  working  poor  Precariat  automation  Robotics  augmented  intelligence  self-driving  cars  autonomous  car  autonomous  cars  purchasing  power  wage  growth  inequality  income  distribution  Gini  coefficient  1%  10%  20%  winner  take  all  globalisation  globalization  neoliberal  neoliberalism  social  safety  net  Universal  Basic  shareholder  capitalism  crony  capitalism  capitalism  in  crisis  post-capitalism  triple-lock  pension  secular  stagnation  USA  UK  European  Union  Chicago  School  neoclassical  economics  Brexit  No  Representation  Career  Politicians  politician  Smart  Grid  Zero  Marginal  Cost  Jeremy  Rifkin  book  Mobile  Creative  Mobile  Creatives  Industrial  Revolution  technological  progress  technological  history  Soziale  Marktwirtschaft  Grundeinkommen  Paul  Mason  recovery  destruction  multinational  conglomerate  low  pay  minimum  wage  mindestlohn  Jerry  Kaplan  income  redistribution  income  growth  income  inequality  Support  income  tax  credit  welfare  reform  welfare  state  Elizabeth  Warren 
july 2016 by asterisk2a
National Living Wage has not led to job losses - survey
Employers have responded to the new National Living Wage (NLW) by raising prices or reducing profits rather than cutting jobs, according to a new survey from the Resolution Foundation. //&! nlw sold as something new under tory spinner george osborne and cameron, was just a planned raise of the minimum wage!
national  living  wage  minimum  wage  mindestlohn  minimumwage  UK 
july 2016 by asterisk2a
What quality of life can minimum wage workers afford? - YouTube
&! youtu.be/9-Y7BPqj_G0 - One NYC family's struggle to survive on a fast food salary //&! Living Paycheck to Paycheck | The New York Times - youtu.be/45Ouqrnku2g //&! A Family Faces Food Insecurity in America’s Heartland - youtu.be/uV2XCQZWf_g //&! 2010, TrueNewsNetwork is more liberal conservative leaning take, against redistribution - youtu.be/F7Pq_FDIcpw //&! Poor Kids (Documentary) - Real Stories - youtu.be/i9aSp9bFmMg //&! Do minimum wage increases actually help the poor?
PBS NewsHour - youtu.be/_S0KeeGO660
working  poor  Precariat  minimum  wage  mindestlohn  working  tax  credit  child  tax  credit  in-work  benefit  subsidies  subsidizing  corporate  welfare  housing  benefit  social  mobility  income  mobility  class  warfare  USA  UK  poverty  trap  poverty  payday  loan  Loans  underemployed  underemployment  Zero  Hour  Contract  part-time  Food  Bank  Food  Stamps  living  standard  standard  of  living  quality  of  life  income  tax  credit  tax  free  income  income  redistribution  income  distribution  Gini  coefficient  child  poverty 
june 2016 by asterisk2a
UK GDP growth – beware the march of the spenders | Business | The Guardian
the breakdown was deeply troubling. What it showed was an economy unhealthily reliant on consumer spending. Real household spending was up 0.7% on the quarter and added 0.5 percentage points to the growth rate. In other words, the other components of growth – investment, trade and government spending – contributed -0.1 points to growth during the first three months of the year. [...] drop in business investment, which was down both over the quarter and over the year. //&! bit.ly/1RjxDnh - Making things matters. This is what Britain forgot. Ha-Joon Chang. The neglect of manufacturing and over-development of the financial sector is the cause of the economy’s decline, not fear of leaving the EU
UK  2016  recovery  Manufacturing  George  Osborne  industrial  policy  David  Cameron  austerity  Brexit  secular  stagnation  USA  world  economy  underinvestment  Smart  Grid  competitiveness  competitive  advantage  competitive  China  Steel  Crisis  Steel  Industry  BRIC  European  Union  Fiscal  Pact  Schuldenbremse  ZIRP  NIRP  distortion  policy  monetary  policy  Mark  Carney  short-termism  short-term  thinking  short-term  view  Career  Politicians  general  election  2015  general  election  2020  Conservative  Party  neoliberalism  neoliberal  tax  evasion  tax  avoidance  Panama  Papers  HMRC  income  tax  receipts  employment  self-employment  Precariat  minimum  wage  wage  growth  productivity  output  gap  savings  rate  housing  bubble  property  bubble  business  confidence 
may 2016 by asterisk2a
Martin Lewis conforonts Osborne over his living wage con
companies cut back on perks, lunch breaks, and paid overtime arrangements. or change work arrangement; change to being self-employed contractor. //&! As predicted Osborne's national living wage is a con - youtu.be/MQfEWTN5hR4 - cut of overtime and weekend pay bonus. - ALSO THERE COMES AGE DISCRIMINATION. BECAUSE starts not for students!/<25years old! //&! bbc.co.uk/news/business-36082247 - Osborne warns firms not to cut perks on back of National Living Wage
living  wage  self-regulation  working  poor  Greed  profit  maximisation  profit  maximization  George  Osborne  Iain  Duncan  Smith  budget2015  minimum  wage  low  pay  low  income  self-employment  Contractor  Zero  Hour  Contract  HMRC  income  tax  receipts  Precariat  precarious  employment  precarious  work  tax  credit  poverty  working  tax  credit  working  condition  working  class  squeezed  middle  class  Trade  Union  Workers  Union  Service  Sector  Jobs  job  creation  shareholder  capitalism  crony  capitalism  regulation  regulators  capitalism  shareholder  value  productivity  output  gap 
april 2016 by asterisk2a
A!104 – Panama Freaks
58:26 - spin doctor and positioning, PR. // es ist ja bekannt das intendanten des fernsehen mal einen anruf bekommen und es richtig stellen sollen, so wie inter BPK: illegal eingewanderte fluechtlinge. was ein oxymoron. ein fluechtling zu sein ist keine illegale sache! // + 10.000 kids missing! // 1:45:54 - Panama Papers. Journalists have for years papers. And don't use them to shine light on the organised system in the western world of tax evasion/avoidance! Wie fatal.
Panama  Papers  investigative  journalism  journalism  journalismus  tax  evasion  tax  amnesty  tax  avoidance  Turkey  International  spin  doctor  Positioning  PR  manufactured  consent  corporate  media  BPK  refugee  crisis  Greece  Brussels  Rechtsradikalismus  Rechtsextremismus  Rechtsradikale  Gewalt  Rechtsruck  Germany  Angela  Merkel  Asylbewerber  Völkerrecht  European  Union  Schengen  Agreement  political  refugee  war  refugee  Human  Rights  Act  Human  Rights  Watch  Human  Trafficking  sex  condition  decency  dignity  humanitarian  crisis  humanitarian  tragedy  Erdogan  Kurds  Middle  East  sex  trade  tax  loopholes  tax  loopoles  Career  Politicians  AfD  NPD  Agenda  2010  ALG2  neoliberal  neoliberalism  liberal  economic  reform  hartz-iv  squeezed  class  job  insecurity  working  poor  Precariat  Zeitarbeit  Leiharbeit  Minijob  1  Euro  Aufstocker  low  pay  low  income  minimum  wage  Soziale  Marktwirtschaft  bank  bailout  sovereign  debt  crisis  austerity  Fiscal  Pact  Schuldenbremse  recovery  GFC  economic  history  Super  Rich  1%  oligarchy  plutocracy  European  Election  2014  rechtsradikal  Fremdenfeindlichkeit  Ausländerfeindlichkeit  Xenophobia  Xenophobic  PEGIDA  Altersarmut  poverty  poverty  trap  poverty  in  old  age  poverty  c 
april 2016 by asterisk2a
Universal credit cuts to lose low-income families up to £200 a month
[ UC is a backdoor welfare cut ] Changes to be introduced on Monday will push more low-paid working families into poverty, charities say. Tens of thousands of low-paid working families can expect to lose up to £200 a month as a result of changes to universal credit introduced on Monday – the first wave of £3bn in welfare cuts that will affect 1m households by 2020. [...] a full-time single parent would have to work a 14-month year. [...] The cuts stem from changes in the work allowance unveiled by the chancellor, George Osborne, in his summer budget a year ago. These drastically reduced the amount people can earn before low-wage top-ups are withdrawn at the rate of 65p per £1 earned.
poverty  child  poverty  poverty  trap  food  poverty  social  mobility  income  mobility  tax  credit  Stephen  Crabb  welfare  reform  welfare  state  tax  free  income  Universal  Iain  Duncan  Smith  DWP  George  Osborne  David  Cameron  austerity  fairness  tax  evasion  tax  avoidance  Super  Rich  1%  neoliberal  neoliberalism  plutocracy  oligarchy  Panama  Papers  Toff  Establishment  Privileged  Whitehall  Westminster  No  Representation  Career  Politicians  nasty  party  Budget2016  budget2015  single-parent  minimum  wage  living  wage  part-time  self-employment  Zero  Hour  Contract  Contractor  low  pay  low  income  working  poor  Precariat  precarious  work  deprivation  attainment  gap  Service  Sector  Jobs  work  allowance 
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.
UK  USA  job  creation  Manufacturing  industrial  policy  competitiveness  competitive  Service  Sector  Jobs  minimum  wage  low  pay  low  income  productivity  productivity  gap  recovery  economic  history  budget  deficit  income  tax  receipts  IRS  HMRC  trade  deficit  current  account  deficit  precarious  work  Precariat  squeezed  middle  class  job  loss  job  security  job  insecurity  working  poor  Contractor  Zero  Hour  Contract  Budget2016  George  Osborne  STEM  skills  gap  apprenticeships  2015  2016  China  BRIC  global  economy  global  trade  globalisation  globalization  outsourcing  self-employment  tax  free  income  tax  credit  social  safety  net  welfare  state  output  gap  participation  rate  babyboomers  western  world  secular  stagnation  Support  income  growth  wage  stagnation  disposable  income  discretionary  spending  household  debt  consumer  debt  credit  card  debt  car  loan  student  debt  Generation  Rent  Generationengerechtigkeit  tax  evasion  tax  avoidance  tax  amnesty  crony  capitalism  shareholder  capitalism  profit  maximisation  profit  maximization  Wall  Street  shareholder  value  multiplier-effect  austerity 
april 2016 by asterisk2a
George Osborne: A profile of the man behind the Budget - BBC Newsnight
// 70% of UK economy growth (GDP), 2015, was consumption. // and trade deficit/current account deficit for 2015, biggest ever on record ---- The UK's current account deficit widened to a record high in the final quarter of last year.
The deficit in the three months to December was £32.7bn, the equivalent of 7% of GDP, said the Office for National Statistics (ONS).
For all of 2015, it came to £96.2bn or 5.2% of GDP. Both figures were the highest since records began in 1948.
A current account deficit means the value of imports of goods, services and investment income exceeds exports.[...] "An obvious potential trigger for the markets losing confidence in the UK economy could be a vote to leave the EU in the 23 June referendum." [ harder to finance w weak Sterling and higher interest rates, rating agencies hinted at the case of a downgrade of UK's credit worthieness ] - bbc.in/1ZMEvAg
Budget2016  George  Osborne  Career  Politicians  austerity  economic  history  Tories  Conservative  Party  nasty  David  Cameron  Brexit  HS2  minimum  wage  living  wage  budget  deficit  trade  deficit  secular  stagnation  recovery  Toff  No  Representation  Privileged  Establishment  demographic  bubble  bank  bailout  Positioning  dogma  ideology  neoliberal  neoliberalism  spin  doctor  PR  disposable  income  discretionary  spending  wage  stagnation  squeezed  middle  class  consumer  debt  household  debt  credit  card  debt  Student  Loan  Generation  Rent  underinvestment  Richard  Koo  Japan  nominal  GDP  targeting  GDP  growth  of  income  shareholder  capitalism  crony  capitalism  current  account  deficit  GBP  Sterling  business  confidence  global  economy  fault  lines  ZIRP  NIRP  QE  BOE  Mark  Carney 
march 2016 by asterisk2a
Angestellte bei Airbnb und Uber: "Diese Jobs schaffen ein neues Prekariat"
AirbnB und andere Firmen tun so, als hätten sie eine soziale Mission. Doch laut dem Buchautor Tom Slee beuten sie ihre Angestellten schlimmer aus als herkömmliche Firmen - und begünstigen totale Überwachung. // SPIEGEL: Es gibt Ökonomen, die sehen in diesen neuen Jobs auch eine Chance.

Slee: Diese Jobs schaffen ein neues Prekariat. Die dahinterstehenden Plattformen tarnen sich als Innovation, bauen aber auf unbegrenzte Verfügbarkeit und darauf, Arbeitsgesetze auszuhebeln und alles Risiko den Kleinunternehmern aufzuhalsen. [...] SPIEGEL: Uber und Co gerieren sich oft als Plattformen für freie Miniunternehmer. Sind sie das wirklich?

Slee: Die Leute sind scheinselbstständig, oft werden sie wie Angestellte behandelt. Tatsächlich haben sie etwa die Pflicht, 90 Prozent der angeforderten Fahrten anzunehmen, sonst werden sie gefeuert.
Share  Economy  sharing  Uber  for  X  Uber  Lyft  AirBnB  Book  on-demand  mobile  homescreen  ondemand  convenience  convenience  Service  Sector  Jobs  Precariat  precarious  employment  precarious  work  Contractor  part-time  part-time  employment  Zero  Hour  Contract  1099  Economy  Gig  Economy  neoliberal  neoliberalism  tax  credit  low  pay  low  income  self-employment  labour  market  job  insecurity  job  security  job  market  secular  stagnation  squeezed  middle  class  working  poor  marketplace  efficiencies  TaskRabbit  minimum  wage  TOS  employment  EULA 
march 2016 by asterisk2a
Government accused of redefining fuel poverty to bring down figures
[ fuel poor if your spend more than 10% of your income on gas and electricity. choice between eating and having a warm home. ] Commons committee says 2.4 million people to be classed as fuel poor rather than 3.2 million under Energy Bill amendments //&! 800,000 people ‘lifted’ out of fuel poverty – by redefining it. David Cameron ‘putting interest of energy firms above ordinary people’ - ind.pn/1Rmjc5j //&! BBC Panorama - bbc.co.uk/programmes/b0756g0x - min 6: estimated 12m people skip meals to pay energy bills. gov had simple definition (10%). Tories missed 2016 target, thus changed definition (LIHC), estimates now 20% of population in fuel poverty, 1 in 5. since fuel poverty was introduced as target (to eradicate), it has been rising steadily! Most pensioners are excluded under new definition. est. 9000 deaths from living in cold home. & 1/2 the members of the Fuel Povery Committee have strong links to energy industry //&! bit.ly/1LIr4z2
fuel  poverty  child  poverty  Tories  Conservative  Party  nasty  Westminster  David  Cameron  George  Osborne  recovery  austerity  Toff  Privileged  Establishment  Whitehall  No  Representation  energy  price  energy  policy  Precariat  precarious  work  Contractor  part-time  Zero  Hour  Contract  poverty  public  health  squeezed  middle  class  working  poor  low  pay  minimum  wage  tax  credit  low  income  poverty  in  old  age  energy  industry  lobby  No  Representation 
march 2016 by asterisk2a
Nottingham woman, 93, found living in 'squalor'
Sevacare has been providing domiciliary care services for Nottingham City Council for five years and currently cares for 183 people
A report following a Care Quality Commission inspection in 2015 said improvement was required in two out of five areas - safety and responsiveness
The report noted: "Although there were sufficient numbers of staff, there was a high turnover, which impacted on people's views of the quality of service they received."
Sevacare was contracted to provide the 93-year-old woman with one two-hour support call and two 15-minute pop-in calls, a week.
adult  social  care  elderly  care  austerity  neglect  NHS  bed  blocking  Council  Privatisation  outsourcing  minimum  wage  living  wage  CQC 
march 2016 by asterisk2a
Video: Willkommen in der Wirklichkeit - Reportage & Dokumentation - ARD | Das Erste
50/50 - fear/hoffnung. Fear: Verschuldung der Haushalte. Unkontrolliert. // Gerwerkschaft der Lehrer will 24.000 mehr Lehrer um dem Bedarf zurecht zukommen. Fluechtlingskinder, kinder von migranten, kinder von immigranten - 1ster und 2ter Generation. Kostet 1.3milliarden euro mehr fuer Bildung. Sind noch nicht mal drin die deutsch lehrer fuer adult refugees. Und die Integrationspolitik personal doch Haushalte zu besuchen; deutsch zuhause zu sprechen. // Schuldenbremse und Fiscal Pact do stop that. // Und 350.000 neuwohnungen muessen gebaut werden jaehrlich. die meisten in ballungsgebieten. Um refugees aus Notunterkuenften (dezentral, keine soziale integrierung) raus zu bekommen. // 'Erwartungen muessen heruntergeschraubt werden. Auf beiden seiten.'
refugee  crisis  Angela  Merkel  Germany  austerity  Schuldenbremse  Fiscal  Pact  hartz-iv  ALG2  Aufstocker  Zeitarbeit  Leiharbeit  Minijob  minimum  wage  Wolfgang  Schäuble  Agenda  2010  squeezed  middle  class  hartz-iv  working  poor  minimum  wage  ALG2  Aufstocker  Minijob  Leiharbeit  Zeitarbeit  poverty  public  sentiment  Integrationspolitik  Sozialpolitik 
march 2016 by asterisk2a
BBC Two - Britain's Secret Slavery Business
[forced labour, thus slavery. modern slavery act 2015; kept as a commodity, exploited, invisible handcuffs (documents taken away, or a threat to family)] [food industry & high steet is using it knowingly, does not monitor regularly unannounced it's suppliers for audits. slavery act 2015 can go only so long. industry can not self-regulate it seem.] Slavery and exploitation are alive and well in the UK. From factories and fields to high streets and high seas, investigative reporter Darragh MacIntyre reveals the extent to which exploited workers are embedded within our economy.
In this hard-hitting documentary, MacIntyre uncovers a hidden world of vulnerable victims - not only those trafficked to the UK from abroad, but also a British citizen forced to work unpaid for years. Joining police raids on suspected traffickers, MacIntyre witnesses first hand the authorities' efforts to combat this growing problem. He discovers, alarmingly, that 80% of slavery crimes may be going undetected
Zero  Hour  Contract  human  trafficking  UK  High  Street  minimum  wage  self-regulation  exploitation  shareholder  capitalism  crony  capitalism  shareholder  value  profit  maximisation  slave  labour  shadow  economy  Germany  East  Europe  EEA  Meat  Industry  economic  refugee  supply  chain 
march 2016 by asterisk2a
Kommunalwahl in Hessen: Nichtwähler machen AfD stark - SPIEGEL ONLINE
[ symptom ] // Die Rechten sind auf dem Vormarsch. Ihr Erfolg ist auch eine Antwort der Gesellschaft auf eine Krankheit des Kapitalismus, die von den etablierten Parteien ignoriert wird. Und die hat mit den Flüchtlingen nichts zu tun. - bit.ly/1QBo7Ad //&! Banned TED Talk: Nick Hanauer "Rich people don't create jobs" - youtu.be/CKCvf8E7V1g - nobody can afford to buy new stuff. circle of life. customers and businesses. consumer needs to have disposable income //&! Nick Hanauer: Beware, fellow plutocrats, the pitchforks are coming - youtu.be/q2gO4DKVpa8
AfD  No  Representation  democracy  plutocracy  oligarchy  Super  Rich  1%  fairness  Rechtsruck  Rechtsextremismus  UKIP  Europe  Germany  UK  populism  Polarisation  fearmongering  Fear  voter  turnout  Soziale  Marktwirtschaft  Sozialpolitik  Integrationspolitik  refugee  crisis  Agenda  2010  squeezed  middle  class  hartz-iv  working  poor  minimum  wage  ALG2  Aufstocker  Minijob  Leiharbeit  Zeitarbeit  Wall  Street  shareholder  value  profit  maximisation  tax  evasion  tax  avoidance  lobbyist  lobby  Lobbying  revolving  door  NPD  Angela  Merkel  Gini  coefficient  Altersarmut  poverty  poverty  in  old  age  social  mobility  income  mobility  kalte  Progression  Schuldenbremse  Fiscal  Pact  Wolfgang  Schäuble  GFC  recovery  job  security  insecurity  symptom  crony  capitalism  capitalism  exploitation  wage  stagnation  far-right  right-wing  trickle-down  economics  free  market  neoliberalism  neoliberal  neoconservatism  neoconservatives 
march 2016 by asterisk2a
Over 80% Of Jobs Added In January Were Minimum Wage Earners | Zero Hedge
most of the jobs that were created, if only on a goalseeked, seasonally adjusted basis, were of the lowest paying, worst possible quality as has been the case for the past 7 years as the BLS desperately seeks to "pad" its political mandate of providing proof in a recovery which however is impossible if it were to tell the truth. //&! https://www.reddit.com/r/Economics/comments/48xbro/jobs_report_242000_jobs_added_unemployment_rate/d0njzvb //&! http://www.zerohedge.com/news/2016-03-04/past-year-us-added-360000-waiters-and-only-12000-manufacturing-workers &! http://www.zerohedge.com/news/2016-03-04/president-obama-takes-economic-victory-lap-after-biggest-wage-drop-record
UK  USA  job  creation  Service  Sector  Jobs  minimum  wage  low  pay  low  income  precarious  work  Precariat  BLS  HMRC  DWP  Iain  Duncan  Smith  George  Osborne  David  Cameron  aggregate  demand  Richard  Koo  consumer  debt  household  debt  credit  card  debt  car  loan  secular  stagnation  recovery  GFC  austerity  trickle-down  economics  neoliberalism  neoliberal  living  wage  tax  credit  FOI  Freedom  of  Information  Act  free  market  social  safety  net  welfare  state  housing  benefit  working  poor  economic  history  squeezed  middle  class 
march 2016 by asterisk2a
House of Lords votes to keep income-related child poverty measures | Society | The Guardian
[ trying to redefine poverty! ] Iain Duncan Smith, the work and pensions secretary, announced the proposals in July, prompting dismay among child poverty charities. He said the government would scrap its measurement of child poverty and the aim to eradicate it by 2020, while replacing it with a new duty to report levels of educational attainment, worklessness and addiction. Under his plans, the old measurement, based on the percentage of households with below-average income, would continue to be published as a government statistic but would no longer be seen as a target. However, peers voted by 290 to 198 to keep the targets, in a move to prompt the House of Commons to think again. [...] [ TRICKLE-DOWN! ] David Freud, the welfare minister, opposed the amendment on behalf of the government, saying “life chances” indicators were a better way of monitoring what was happening and of directing resources most effectively to tackle the problem.
Iain  Duncan  Smith  child  poverty  poverty  David  Cameron  George  Osborne  nasty  party  Conservative  Tories  DWP  tax  credit  working  poor  precarious  work  Precariat  education  policy  deprivation  attainment  gap  post  code  lottery  general  election  2015  Manifesto  constituency  Funding  long-term  unemployment  youth  unemployment  structural  unemployment  Toff  Westminster  Whitehall  Establishment  Privileged  ESA  vulnerable  Disabled  disability  No  Representation  austerity  Council  Social  Services  Public  Services  child  tax  credit  working  tax  credit  Zero  Hour  Contract  Contractor  low  pay  low  income  minimum  wage  apprenticeships  trickle-down  economics  neoliberalism  neoliberal  self-employment  Gini  coefficient  mobility  downward  mobility  income  mobility  recovery  job  creation  squeezed  middle  class  secular  stagnation  budget2015  budget2016 
march 2016 by asterisk2a
Workers need to put 15% of income into pension, report says | Money | The Guardian
Saving more than three times the present average is necessary to have enough cash in retirement, review for Labour party finds [...] In the House of Commons, Iain Duncan Smith refused to say whether there would be an upper limit on the state pension age in heated exchanges over the government’s review. The work and pensions secretary said the government had launched the review to ensure pensions remained affordable for future generations, but he failed to answer the shadow work and pensions secretary, Owen Smith, when pushed over concerns that workers would have to wait until they were 80 to retire.
retirement  pension  scheme  pension  fund  pension  public  pension  pension  obligation  demographic  bubble  401k  working  poor  minimum  wage  low  pay  low  income  Precariat  DWP  Iain  Duncan  Smith  poverty  in  old  age 
march 2016 by asterisk2a
Why Hillary Clinton’s ‘super-predator’ concession is such a big moment for political protest - The Washington Post
Clinton’s 1996 speech included some language about these so-called super-predators implying that they were a generation of guilt- and compassion-free sociopaths who, in the interest of society, simply had to be contained. [...] Clinton seemed audibly and visibly irritated, saying she would answer if allowed to speak and then, even more notably, “that no one had ever asked her that before.” Then, Clinton essentially moved on with her regularly scheduled fundraising program. There was no accounting, partial or full, for her 1996 position nor how she arrived at her 2016 stance on criminal justice reform. Moving on. [...] Clinton decided to offer an apology for using that “super-predator” and “brought to heel” language. In the 1990s both were part of a relatively popular but now largely discredited theory about rising youth crime. [ tough on crime was] effective tactic with white voters, because in the [US] there are a whole host of persistent stereotypes abt race & criminality.
Hillary  Clinton  prison–industrial  complex  mandatory  minimum  sentences  War  on  Drugs  Beschaffungskriminalität  economic  justice  System  Bail  racial  profiling  post-racial  America  racial  discrimination  meritocracy  meritocratic  American  Dream  Career  Politicians  No  Representation  social  democracy  plutocracy  oligarchy  Super  Rich  1%  Integrationspolitik  Sozialpolitik  downward  mobility  social  mobility  income  mobility  youth  crime  youth  unemployment  deprivation  Perspektivlosigkeit  trickle-down  economics  USA  neoliberalism  neoliberal  social  safety  net  welfare  state  recidivism  rate  Rehabilitation  presidential  election  2016  double  standard  stereotype  bias  prejudice  crime  white-collar  crime  public  sentiment  public  perception  public  opinion  Bill  Clinton  presidency  barackobama  judgement  snap  judgement  injustice  MLK  child  poverty  poverty  trap  food  poverty  mental  health 
february 2016 by asterisk2a
Brexit referendum could destabilise UK recovery, says IMF | Business | The Guardian
[ putting investment decisions and plans on hold! ] Christine Lagarde warns that uncertainty over outcome ‘will be bad in and of itself’ in months leading up to vote [...] But the IMF’s annual health check said “the relatively positive outlook is subject to risks and uncertainties”, including a global slowdown, sluggish productivity growth, a large trade deficit, still-high levels of household debt, and the forthcoming referendum on EU membership. It said any sign of weakness in growth should be met with higher spending by the Treasury. The UK authorities should explore “both revenue and expenditure measures, while protecting spending in priority areas, including healthcare, education, and infrastructure”. The report emphasised that “flexibility in the fiscal framework should be used to modify the pace of adjustment in the event of weaker demand growth”. [ moderates and politicians, wisely worded! no instructions. no direct criticism. ]
Brexit  austerity  household  debt  consumer  debt  property  bubble  credit  card  debt  car  loan  student  loan  debt  student  loan  student  debt  IMF  OECD  job  creation  Service  Sector  Jobs  trade  deficit  UK  George  Osborne  David  Cameron  fiscal  policy  industrial  policy  labour  market  underinvestment  education  policy  NHS  child  poverty  Gini  coefficient  inequality  social  mobility  income  mobility  recovery  2016  general  election  2015  budget  deficit  election  campaign  promises  Manifesto  Generationengerechtigkeit  fairness  trickle-down  economics  neoliberalism  neoliberal  labour  economics  Zero  Hour  Contract  part-time  minimum  wage  tax  credit  Contractor  self-employment  low  pay  Precariat  working  poor  low  income  disposable  income  discretionary  spending  debt  servitude  monetary  policy  fiscal  stimulus  Pact  Schuldenbremse  general  election  2020 
february 2016 by asterisk2a
Talia Jane may have deceived us, but her point stands
ind.pn/1Qc5SxH bit.ly/1KJQjAE bit.ly/1SV92vy bit.ly/1oBBh5k [ 2nd jobs bc first does only cover bills ] Even if Talia was the most frugal millennial in all the land, she’d still be living beyond her means. In the Bay Area, that is shockingly easy to do, thanks in part to companies like her former employer that have driven rents sky-high with no ceiling in sight. Income inequality is a huge problem in this country, especially in the Bay Area. Yelp’s answer to that, by the way, appears to be to just move the lower wage jobs to Phoenix, rather than pay the employees it has in San Francisco more. Charming. //&! https://twitter.com/hankgreen/status/702488056645992449 - women in the workplace ... //&! https://twitter.com/polotek/status/702025499782950912 bootstap yourself
Precariat  working  poor  San  Francisco  Silicon  Valley  Yelp!  customer  service  low  pay  low  income  income  distribution  tax  credit  housing  benefit  commuting  minimum  wage  living  wage  discretionary  spending  Wall  Street  shareholder  value  profit  maximisation  disposable  income  Millennials  career  ladder  Sector  Jobs  job  creation  financial  literacy  career  advice 
february 2016 by asterisk2a
Whiners vs. Winners: 2 Emerging Millennial Mindsets in the Workplace | Inc.com
- Whatever doesn't kill you makes you stronger. - How successful you are depends on how much s--- you're willing to put up with. [...] Today, the current economic situation is testing Millennials' grit. Unfortunately, some are making critical mistakes that are costing them opportunities for advancement. In other cases, like the woman from Yelp, they're even getting fired.
Millennials  job  creation  Service  Sector  Jobs  customer  Precariat  career  advice  career  ladder  working  poor  life  hacker  life  lesson  Casey  Neistat  minimum  wage  disposable  income  discretionary  spending  squeezed  middle  class  San  Francisco  cost  of  living  American  Dream  meritocracy  meritocratic 
february 2016 by asterisk2a
BBC iPlayer - Battling with Benefits - Episode 2
w 30hrs or less you can't make months end. // 40.000 in Wales alone on Zero Hour Contract. // +50% win ESA decisions/sanctions appeals
Zero  Hour  Contract  ESA  DWP  Iain  Duncan  Smith  George  Osborne  David  Cameron  austerity  welfare  state  social  safety  net  fairness  vulnerable  long-term  unemployment  structural  unemployment  precarious  work  Precariat  working  poor  low  pay  low  income  minimum  wage 
february 2016 by asterisk2a
Pegida On Rise As Germany Divided Over Refugees - YouTube
[ symptom ] [ niemand had was ueber 'alle muessen anpacken' gesagt ] [ Holocaust for 3rd gen germans is not shame, its rather a "wird sind besser in allem" "wir koennen das wo andere vor uns ethish moralish humanitaer politisch civil und auch als vollmundiger buerger versagt haben." ]
refugee  crisis  Germany  far-right  Angela  Merkel  AfD  NPD  Hooligan  Neo-Nazi  Neonazi  Nazi  PEGIDA  public  sentiment  public  awareness  Sozialpolitik  Integrationspolitik  Agenda  2010  Perspektivlosigkeit  deprivation  Social  Media  Middle  East  Lügenpresse  corporate  hartz-iv  ALG2  Aufstocker  Zeitarbeit  Leiharbeit  neoliberalism  neoliberal  Soziale  Marktwirtschaft  neoconservatism  neoconservatives  history  minimum  wage  mindestlohn  squeezed  class  Sozialer  Abstieg  poverty  child  poverty  poverty  in  old  age  tax  evasion  tax  avoidance  plutocracy  oligarchy  Super  Rich  1%  Burka  Hijab  Schengen  Agreement  European  Union  Rechtsextremismus  Rechtsruck  UKIP  humanitarian  crisis  Human  Trafficking  decency  USA  UK  compassion  empathy  Perspective  underinvestment  Schuldenbremse  Fiscal  Pact  austerity  economic  history  Wolfgang  Schäuble  European  youth  unemployment  unemployment 
february 2016 by asterisk2a
Dispatches - Low Pay Britain - All 4
living wage starts from 21? 25? // retail big! high street big! - service sector. no manufacturing ... // IT IS CORPORATE SUBSIDY - PROGRAM FOR LOW PAY! // very far from Germay model! // tax payer pays for people in high street! // Ofsted found inadequate conditions! AND SMALL MINORITY GET ACTUALLY A FULL-TIME JOB! LOL LOL LOL! // Social Market Foundation (research) found lvl2 apprenticeship adds nothing to purse over a lifetime. // its DWP policy to get young people off the paper onto other paper largely, still funded, by the gov - still adding to budget deficit. // Ofsted concerned over apprenticeships "wasting public funds" // WHAT A TORY SPIN! // retail places have shot up, and construction plummeted! the latter is harder or put through training providers ( private companies, PRIVATISATION! ). employers are not in charge. to quote one employee of a training provider "meet targets, get money in" its about the # of apprenticeships, not the quality or economic need/industry. //
apprenticeships  exploitation  Workers  Union  Trade  Union  working  poor  Generationengerechtigkeit  fairness  precarious  work  Precariat  self-regulation  minimum  wage  living  wage  low  pay  low  income  welfare  state  social  safety  net  working  tax  credit  tax  credit  housing  benefit  Iain  Duncan  Smith  DWP  spin  doctor  Positioning  Career  Politicians  No  Representation  Service  Sector  Jobs  job  creation  youth  unemployment  policy  folly  policy  error  education  policy  PR  David  Cameron  George  Osborne  industrial  policy  STEM  Manufacturing  microeconomic  policy  macroeconomic  policy  recovery  GFC  disposable  income  discretionary  spending  corporate  scandal  corporate  welfare  subsidies  subsidizing  budget  deficit  Fachkräftemangel  trickle-down  economics  neoliberalism  neoliberal  Wall  Street  profit  maximisation  shareholder  value  Ofsted  skills  gap  budget2015  free  market  Privatisation  dogma  ideology 
february 2016 by asterisk2a
Rural schools failing poor children compared to inner city - BBC News
[ higher tax base, higher spend / lower tax base, lower spend. there have to be subsidies for poorer areas to get quality teachers and the numbers # and up to standard school rooms. // South UK and rest UK difference. ] According to the 2015 figures from Ofsted, the schools regulator, 45% of pupils in Birmingham from poorer backgrounds achieved five GCSEs, grades A*- C, including English and maths. That compared with 35% in Worcestershire and 32% in Shropshire. Laura Fitzjohn, from Ofsted, said councils were shocked when shown the figures, and realised there was more they could do to improve the situation. //&! Children with poor language skills at age five are significantly more likely to struggle with maths at age 11, a study for Save the Children suggests. - bbc.in/1RNG1kd
Ofsted  education  policy  post  code  lottery  poverty  trap  child  poverty  poverty  deprivation  austerity  Council  microeconomic  policy  George  Osborne  Nicky  Morgan  Michael  Gove  David  Cameron  underinvestment  STEM  Tories  nasty  party  Conservative  Whitehall  Westminster  Toff  Privileged  Establishment  child  care  child  tax  credit  tax  credit  Precariat  working  poor  part-time  single  mum  low  pay  low  income  minimum  wage  Zero  Hour  Contract  Contractor  DWP  food  poverty  chronic  stress  constituency  Funding  PR  spin  doctor  Positioning  language  skills  skills  gap  skills  pre-school  Gini  coefficient  income  mobility  social  mobility  fairness  Generationengerechtigkeit  meritocracy  meritocratic  health  inequality  income  inequality  income  distribution 
february 2016 by asterisk2a
Migrant crisis: Germany's 'rock of stability' in danger - BBC News
[ has to invest massively to integrate people and not put them aside on Hartz-IV. leeway to borrow money for nothing is there. political will to break the dogma and ideology of austerity, schwarze null, schuldenbremse has to be there. across europe! ] The migrant crisis could see Germany losing its position as a "rock of stability", a former European Central Bank chief economist has told BBC HARDtalk. Otmar Issing warned the growing "fiscal burden" over the numbers of people arriving could completely change the country's economy.
refugee  crisis  migration  immigration  economic  refugee  Asylbewerber  Asylum  Sozialpolitik  Integrationspolitik  Schuldenbremse  Fiscal  Pact  education  policy  underinvestment  budget  deficit  hartz-iv  ALG2  Aufstocker  Fachkräftemangel  Ausländerfeindlichkeit  Xenophobia  racism  Rechtsextremismus  Rechtsruck  Angela  Merkel  Wolfgang  Schäuble  labour  economics  labour  market  labour  laws  minimum  wage  Niall  Ferguson  youth  unemployment  competitiveness  competitive  Germany  STEM  industrial  policy  European  Union  Bundesbank  ECB  public  sentiment  public  awareness  war  refugee  Afghanistan  Irak  Iraq  Syrien  Syria 
february 2016 by asterisk2a
Politicking: Matt Taibbi on America's 'Injustice System' - YouTube
worship culture of success. [...] jail is for poor people. [...] securities fraud go jail free w fine, and do benefit/welfare fraud, go straight to jail! // For Profit Bail System - on YouTube Vice Channel. //&! Matt Taibbi, "The Divide" - youtu.be/k4CohXkdR0w //&! Matt Taibbi: Minding the Wealth Gap - youtu.be/KiRe1PK3zkM //&! Too Big To Fail, Too Big To Jail: Matt Taibbi, Bernie Sanders Town Hall 2013 - youtu.be/d-nh8DYJvlM //&! Matt Taibbi: The Conspiracy To Destroy Our Pensions - youtu.be/ZIDfyfXDGME //&! Matt Taibbi explores US criminal injustice with Bill Maher - youtu.be/uS9LHBPTM7A //&! The Divide: American Injustice in the Age of the Wealth Gap (w/ Matt Taibbi) - youtu.be/iFl-o7qJHaY
white-collar  crime  mandatory  minimum  sentences  Beschaffungskriminalität  post-racial  America  racial  profiling  economic  justice  injustice  System  Law  &  Career  Politicians  War  on  Drugs  Precariat  deprivation  poverty  trap  USA  Gini  coefficient  prison–industrial  complex  inequality  meritocracy  meritocratic  American  Dream  education  policy  social  mobility  income  mobility  health  inequality  mental  health  mental  illness  chronic  stress  poverty  book  compassion  empathy  Greed  welfare  state  stigma  plutocracy  oligarchy  Super  Rich  1%  Fraud  securities-fraud  social  safety  net  Food  Stamps  Food  Bank  public  sentiment  prejudice  bias  downward  mobility  trickle-down  economics  neoliberalism  neoliberal  neoconservatism  neoconservatives  financial  accounting  scandal  corporate  scandal  lobbyist  lobby  Lobbying  interest  groups  vested  interest  too  big  to  jail  money  laundering  bribery  corruption  DOJ  SEC  presidency  barackobama  GFC  financial  product  economic  history  squeezed  middle  class  working  poor  wage  stagnation  libor  rigging  scandal 
february 2016 by asterisk2a
Should Ofsted get a US boss? - BBC News
In particular, they are considering candidates who have been involved in the charter school movement, state-funded independent schools, with a similar ideological DNA to academies and free schools in England. The big impact of charter schools has been in the most deprived urban areas, credited with re-energising schools that had been in a state of chronic decline. It's a claim rejected by their opponents, particularly in US teachers' unions, who say that the successful glitz and PR around charter schools is not backed up by any significant long-term advantage. Some charter schools do well, some do badly... like any other type of school, they argue. The current mayor of New York, Bill de Blasio, has been accused by charter school groups of putting up "roadblocks" to their expansion. [...] [ PISA & a very mixed picture in USA ... and no co-operation, collaboration and trust. ]
education  policy  Ofsted  regulation  regulators  staff  morale  staff  shortage  austerity  UK  Gini  coefficient  social  mobility  income  mobility  inequality  child  poverty  tax  credit  Food  Bank  poverty  fuel  poverty  single  mother  poverty  poverty  trap  Services  Public  Services  Council  Tories  nasty  party  Nicky  Morgan  Michael  Gove  George  Osborne  David  Cameron  living  wage  minimum  wage  Precariat  precarious  work  working  poor  low  pay  low  income  income  inequality  health  inequality  Toff  Privileged  Establishment  Westminster  Whitehall  No  Representation  bailout  tax  evasion  tax  avoidance  PISA  Workers  Union  Trade  Union 
february 2016 by asterisk2a
Full-time work is no bar to poverty in UK, report says | Society | The Guardian
Despite at least one adult working full time, millions of households cannot make ends meet, Joseph Rowntree Foundation reports [...] Millions of households struggle to make ends meet even though they include at least one adult in full-time work, according to a report by the Joseph Rowntree Foundation (JRF). Living standards have declined since 2008 despite the economy’s return to growth, the anti-poverty charity said, warning that families with children are at particular risk of a life in poverty. [...] The MIS is determined by asking members of the public to define what is needed to “live to an adequate level”. The threshold is £16,850 for a single person, £25,600 for a lone parent with one child and £36,060 for a single breadwinner with two children. [...] Approximately 11.6 million people in the UK live below the MIS, [...] An improving economy alone is not guaranteed to reverse this rise.” [...] [ no economic security in this recovery! ]
Service  Sector  Jobs  job  creation  precarious  work  Precariat  minimum  wage  Zero  Hour  Contract  Contractor  UK  poverty  tax  credit  child  poverty  squeezed  middle  class  wage  stagnation  income  growth  low  pay  low  income  disposable  income  discretionary  spending  income  distribution  income  inequality  Gini  coefficient  income  mobility  downward  mobility  social  mobility  income  redistribution  tax  free  income  recovery  austerity  living  standard  quality  of  life  Perspective  Perspektivlosigkeit  deprivation  economic  security  GFC  secular  stagnation  economic  history  inequality  health  inequality  trickle-down  economics  dogma  ideology  neoliberalism  neoliberal  corporate  tax  rate  corporate  welfare  subsidies  subsidizing  DWP  George  Osborne  David  Cameron  Iain  Duncan  Smith  budget  deficit  tax  evasion  tax  avoidance  USA  household  debt  consumer  debt  credit  card  debt  car  loan  student  loan  debt  student  loan  student  debt  Bubble  child  care  social  safety  net  welfare  state 
february 2016 by asterisk2a
Was a deal over doctors' contracts ever possible? - BBC News
[ resources already pledged do not meet demand. especially chronic and complex diseases taking too much of a share of resources. ] In short, the profession believes if staffing is to be increased at weekends it needs to be accompanied by an increase in investment. But ministers are trying to do this for the same money. The sums simply don't add up, doctors say.
Jeremy  Hunt  David  Cameron  NHS  underinvestment  Junior  Doctors  staff  morale  locum  staff  staff  shortage  budget2010  budget2015  mental  health  elderly  care  adult  social  care  Council  minimum  wage  bed  blocking  A&E  GP  sick  population  health  crisis  health  care  budget  health  care  spending  diet-related  disease  chronic  diseases  premature  ageing  premature  death  ageing  population  babyboomers  prevention  intervention  cancer  heart  disease  diabetes  obesity  BMA  Tories  Conservative  Party  trickle-down  economics  neoliberalism  neoliberal  dogma  ideology  nasty  PR  Positioning  misrepresentation  spin  doctor  Toff  Establishment  Privileged  Westminster  Whitehall  No  Representation  democracy  bank  bailout  tax  evasion  tax  avoidance  austerity  budget  deficit  George  Osborne  vulnerable  Disabled 
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
austerity  UK  social  mobility  income  mobility  education  policy  Gini  coefficient  poverty  trap  childhood  development  Generationengerechtigkeit  fairness  nasty  party  David  Cameron  George  Osborne  Toff  Privileged  Establishment  downward  mobility  staff  morale  staff  shortage  deprivation  Conservative  Tories  dogma  ideology  underinvestment  productive  investment  public  investment  Services  mental  health  well  being  chronic  stress  Services  Council  bank  bailout  constituency  babyboomers  child  tax  credit  working  poor  Precariat  low  pay  low  income  minimum  wage  tax  credit 
february 2016 by asterisk2a
Record rise in NHS dissatisfaction levels - survey says - BBC News
"What's gone wrong is the public's perception of the NHS under growing pressure. Money is tight, waiting times are getting longer, people are concerned that when they need the NHS it might not be there for them." [...] But he said the "most important set of results" were on social care. He said the satisfaction levels were "deeply concerning" and said the system needed greater funding. [...] A spokesman for the Department of Health in England said: "There is pressure on the NHS as our population ages, and that's why the government is investing record amounts to transform care." [ << BUT NO PREVENTION THROUGH PUBLIC HEALTH PROGRAMS. INSTEAD THEY CUT THE PUBLIC HEALTH (ie stop smoking support, STD clinics) by +200m in 2015 budget ]
NHS  staff  morale  locum  staff  staff  shortage  Junior  Doctors  Jeremy  Hunt  waiting  times  sick  population  health  crisis  demographic  bubble  GP  A&E  ageing  population  diet-related  disease  chronic  diseases  premature  ageing  substance  abuse  self-medication  coping  mechanism  well  being  mental  health  public  health  policy  public  health  austerity  budget2015  budget2010  public  sentiment  public  perception  nasty  party  Tories  Conservative  Toff  Privileged  Establishment  Whitehall  Westminster  adult  social  care  social  care  elderly  care  bed  blocking  Council  minimum  wage  prevention  intervention  obesity  epidemic  diabetes  cancer  heart  disease  Services  Services 
february 2016 by asterisk2a
As growth falters, Osborne hopes Mark Carney can keep a lid on interest rates | Business | The Guardian
The chancellor faces lower GDP and lower tax receipts as a result. So it’s vital that consumers’ desire to keep spending isn’t hit by a nasty shock from the Bank [ // Confidence Fairy // ] The Bank of England has downgraded its forecasts for the UK’s GDP growth and the outlook for wages, most likely robbing the exchequer of vital income tax receipts. And without the funds to maintain pensions and health service spending, his critics will gleefully play back the speech from last November during which he declared that Britain was on the road to becoming “the most prosperous and secure of all the major nations of the world”. [...] Yet his words ring hollow when so many of the post-crash problems are still with us, from the burden of high private and public debts to Europe’s rapidly ageing population, which encourage saving over investment, and a reluctance from government and big business to boost capital spending.
George  Osborne  secular  stagnation  2016  2015  Mark  Carney  BOE  consumer  debt  household  debt  mortgage  market  subprime  credit  card  debt  zombie  consumer  UK  GDP  output  gap  productivity  job  creation  Service  Sector  Jobs  recovery  economic  history  austerity  underinvestment  business  investment  public  investment  fiscal  policy  monetary  policy  Richard  Koo  Paul  Krugman  David  Cameron  nasty  party  Conservative  Tories  short-termism  credit  bubble  debtoverhang  debt  servitude  disposable  income  discretionary  spending  marginal  propensity  to  consume  Funding  1%  financial  repression  New  Normal  constituency  babyboomers  oligarchy  Gini  coefficient  income  distribution  income  inequality  plutocracy  Super  Rich  tax  evasion  tax  avoidance  corporate  welfare  subsidies  subsidizing  income  growth  low  pay  low  income  wage  growth  economic  growth  precarious  work  Precariat  tax  credit  tax  free  income  corporate  tax  rate  minimum  wage  budget2015  Food  Bank  foreign  direct  investment  productive  investment  infrastructure  investment  demographic  bubble  western  world  USA  European  Union  ageing  population  CapEx  Capital  Expenditure  zombie  corporations  zombie  banks 
february 2016 by asterisk2a
Draft EU deal: What Cameron wanted and what he got - BBC News
But how does the 16-page letter drawn up by the President of the European Council, Donald Tusk, measure up to what the prime minister originally wanted from the negotiations? The BBC's chief correspondent Gavin Hewitt gives his verdict while Europe correspondent Chris Morris looks at how the deal will be perceived elsewhere in the EU. //&! - bbc.in/20vdgOT - The deal, which includes an "emergency brake" on migrant benefits, paves the way for the UK's EU referendum to take place as early as June. But would this have the effect of reducing the number of EU migrants coming to the UK? Mark Easton has been investigating. ECONOMIC MIGRANT - bbc.in/1PVT25C &! bit.ly/1Qf0auj - FOI! - only 84,000 EU migrant families claiming tax credits have lived in the UK for four years or less [...] [ Cameron/Tories again selective and misleading. AND redefining migrant families even it the couple has one UK national! nasty party at work again redefining XYZ. ]
Brexit  immigration  migration  Schengen  Agreement  tax  credit  welfare  state  social  safety  net  low  pay  low  income  minimum  wage  Zero  Hour  Contract  Contractor  precarious  work  Precariat  UKIP  David  Cameron  Tories  nasty  party  Conservative  Fear  fearmongering  propaganda  Polarisation  populism  Rechtsextremismus  Rechtsruck  shadow  economy  FOI  Freedom  of  Information  Act  Positioning  PR  spin  doctor 
february 2016 by asterisk2a
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