asterisk2a + baby 41
Royal Cornwall hospital put in special measures after patient deaths | Society | The Guardian
october 2017 by asterisk2a
Royal Cornwall Hospital, Cornwall Country, South England ... yet another one cant handle demand w given resources. // CQC put in place by tories/jeremy hunt, to do for him the clean up, otherwise if he would have to respond help w more money and clean up he would have been long gone. its outsourcing of responsibility and accountability at best, same w CCGs and re-org, tenders/privatisation, market mechanism. // see cancer surgery delay = add to excess death. same w bed blocking news, that bed blocking leads to excess deaths eg infection risk. malnutrition. wasting of muscles. &! http://www.bbc.co.uk/news/uk-england-cornwall-41500555
NHS
England
STP
CEP
Austerity
CQC
rationing
waiting
times
treatment
delay
Jeremy
Hunt
Simon
Stevens
Privatisation
health
care
demand
ageing
chronic
sick
population
demographic
bubble
babyboomers
baby
boomers
CVD
diabetes
obesity
overweight
premature
Cancer
bed
blocking
bedblocking
Council
social
adult
elderly
Disabled
october 2017 by asterisk2a
NHS staff shortages 'mean patients dying alone' in hospitals - BBC News
september 2017 by asterisk2a
&! filling gaps w associate nurses, lower quality = lower care and skill quality. hiring and retirement does not keep up w health care demand: http://www.bbc.co.uk/news/av/uk-39913481/nhs-nursing-up-to-40000-posts-unfilled
NHS
Austerity
CEP
STP
staff
shortage
Nurses
morale
locum
patient
safety
health
care
demand
ageing
population
premature
demographic
bubble
babyboomers
baby
boomers
chronic
sick
september 2017 by asterisk2a
Chronic ill health among working age population poses 'unsustainable drain' on NHS | HeraldScotland
september 2017 by asterisk2a
Currently 39 per cent of the working age population in Scotland has at least one long-term condition, but that is forecast to surge as the population ages and Scotland grapples with the fallout of an obesity epidemic.
Prof MacDonald said a failure to prevent and manage long-term conditions properly would be catastrophic as pension age increases to 68 or more.
UK
Scotland
NHS
health
care
demand
chronic
sick
disease
population
babyboomers
baby
boomers
ageing
premature
CVD
Cancer
diabetes
obesity
overweight
pain
inflammation
demographic
bubble
England
Disabled
Council
adult
social
medical
advances
western
diet
lifestyle
S.A.D.
sedentary
prevention
public
intervention
GP
nanny
state
self-medication
Alcohol
junk
food
fast
mental
DWP
ESA
JSA
unemployment
stress
Prof MacDonald said a failure to prevent and manage long-term conditions properly would be catastrophic as pension age increases to 68 or more.
september 2017 by asterisk2a
Data on NHS waiting lists in Scotland ‘suggests interference’ | Scotland | The Times & The Sunday Times
september 2017 by asterisk2a
[ar politicians meddling with the statistics?] The UK Statistics Authority, the official regulator, has looked into a complaint about the publication of waiting list information by the Scottish NHS and concluded that staff made “a series of misjudged decisions”. They accuse the statistics arm of NHS Scotland — the Information Services Division (ISD) — of “catering more for the needs of policy officials” than patients. &! http://www.heraldscotland.com/news/15562974.Scotland__39_s_health_data_body_rebuked_over_way_data_on_waiting_times_was_presented/ - It was concerned figures given by the Information Services Division (ISD) did not give a full picture of the scale of the problem and that patients returning for treatment, as well as first time patients, had to endure long waits.
NHS
Scotland
Politics
SNP
waiting
time
referral
Grampian
accountability
statistics
GP
delayed
treatment
Cancer
CVD
diabetes
obesity
pain
elective
urgent
A&E
care
social
adult
Council
bedblocking
bed
blocking
overweight
mental
health
Disabled
chronic
sick
population
ageing
premature
demographic
bubble
babyboomers
baby
boomers
disease
september 2017 by asterisk2a
Millions may lose promised pension payout - BBC News
september 2017 by asterisk2a
gov has to bail out again corporate greed // Three million savers in final-salary pension schemes only have a 50/50 chance of receiving the payouts they were promised, a study has concluded.
Some employers were under pressure to meet their pension obligations, the Pensions and Lifetime Savings Association (PLSA) said.
High-profile cases such as the BHS collapse have highlighted concerns over the future of workplace pensions.
The PLSA said one solution could be the pooling of resources into "superfunds".
pension
retirement
crisis
TBTF
bailout
corporate
subsidies
subsidizing
scheme
UK
USA
ZIRP
NIRP
GFC
recovery
ageing
population
babyboomers
baby
boomers
demographic
bubble
Productivity
secular
stagnation
growth
inflation
401k
Some employers were under pressure to meet their pension obligations, the Pensions and Lifetime Savings Association (PLSA) said.
High-profile cases such as the BHS collapse have highlighted concerns over the future of workplace pensions.
The PLSA said one solution could be the pooling of resources into "superfunds".
september 2017 by asterisk2a
Tony Booth: Till Death Us Do Part actor dies at 85 - BBC News
september 2017 by asterisk2a
Booth, who was 85, had been suffering from Alzheimer's for more than 10 years and had suffered heart problems.
premature
death
Alzheimer
dementia
CVD
health
care
demand
Council
NHS
bedblocking
bed
blocking
rationing
elderly
adult
social
babyboomers
baby
boomers
demographic
bubble
ageing
chronic
sick
population
september 2017 by asterisk2a
Distinct health choices made in 20 years since devolution - BBC News
NHS Wales Scotland health care demand ageing premature demographic bubble babyboomers baby boomers chronic sick population CVD Cancer diabetes obesity overweight Austerity rationing bedblocking bed blocking Council STP recruitment hiring staff shortage GP Nurses locum
september 2017 by asterisk2a
NHS Wales Scotland health care demand ageing premature demographic bubble babyboomers baby boomers chronic sick population CVD Cancer diabetes obesity overweight Austerity rationing bedblocking bed blocking Council STP recruitment hiring staff shortage GP Nurses locum
september 2017 by asterisk2a
Loneliness: The cost of the 'last taboo' - BBC News
september 2017 by asterisk2a
There are an estimated 1.2 million people in the UK who have "chronic" loneliness, with links to poorer physical and mental health and increased use of GPs, hospitals and social services.
The campaign says it should be seen as a problem in public health terms, like obesity and smoking.
For a decade of an older person's life, the extra economic cost of loneliness is calculated as £6,000. [...] "Everyone's on their phones, they're closed off."
public
health
mental
Social
Media
loneliness
Einsamkeit
obesity
chronic
sick
population
overweight
coping
mechanism
self-medication
dopamine
serotonin
food
junk
Alcohol
Gesellschaft
Society
Zivilgesellschaft
Tobacco
Depression
ageing
premature
demographic
bubble
stigma
prejudice
isolation
NHS
Dementia
babyboomers
baby
boomers
care
demand
GP
Austerity
mobile
homescreen
Facebook
Instagram
Selbstdarstellung
The campaign says it should be seen as a problem in public health terms, like obesity and smoking.
For a decade of an older person's life, the extra economic cost of loneliness is calculated as £6,000. [...] "Everyone's on their phones, they're closed off."
september 2017 by asterisk2a
NHS slams big pharma in High Court row over drug pricing powers
september 2017 by asterisk2a
The row is over powers introduced in April giving NHS England the right to ration costly medicines, including if they are expected to cost more than £20m in any of their first three years of use. Previously medicines signed off as clinically effective and good value for money by public drug price regulator Nice had to be automatically funded and made available by the NHS within three months. [...] The drugmakers argue the changes will limit patients’ access to cutting-edge treatments, particularly for rare diseases where the benefits are large but the patient numbers are small. In their claim the drug firms argue Nice acted beyond its powers to introduce the so-called budget impact test and failed to consult properly with industry on the detail of the proposals.
NHS
NICE
big
pharma
Cancer
CVD
health
care
demand
Austerity
STP
CEP
rationing
waiting
times
delay
treatment
chronic
sick
population
prevention
babyboomers
baby
boomers
premature
ageing
demographic
bubble
cost
Council
bedblocking
social
adult
elderly
bed
blocking
dementia
diabetes
obesity
overweight
september 2017 by asterisk2a
Patient care will 'suffer' if Government doesn't 'get to grips' with looming doctors crisis, says BMA - ITV News
september 2017 by asterisk2a
BMA warning gov is failing at the root. Nurses (bursary), Junior Doctor. &! http://www.careappointments.co.uk/care-news/england/item/42501-bma-warn-of-workforce-crisis-as-fewer-people-choosing-to-be-doctors-in-nhs &! missing own GP investment numbers - http://practicebusiness.co.uk/government-missing-targets-on-gp-investment/ &! Newly-qualified mental health nurses are not being adequately trained for the role, while mentoring and supervision of students and staff are being undervalued and given too little funding, a new workforce report has found. - https://www.nursingtimes.net/news/reviews-and-reports/new-mental-health-nurses-not-adequately-trained-or-mentored/7021320.article
NHS
England
Scotland
Wales
GP
A&E
recruitment
training
crisis
winter
health
care
demand
staff
shortage
locum
BMA
Austerity
rationing
STP
CEP
collapse
immigration
Brexit
waiting
times
delay
treatment
ageing
chronic
sick
population
babyboomers
baby
boomers
Cancer
CVD
obesity
overweight
diabetes
mental
CAMHS
Nurses
Junior
Doctor
Privatisation
Jeremy
Hunt
Simon
Stevens
Tories
nasty
party
Capitalism
patient
safety
complaints
underinvestment
september 2017 by asterisk2a
Tax the rich more to help the poor, say NHS chiefs | Scotland | The Times & The Sunday Times
september 2017 by asterisk2a
Hundreds of healthcare professionals in Scotland have insisted that the rich should pay more income tax.
The unprecedented move by the Faculty of Public Health in Scotland comes weeks after the SNP’s programme for government opened the door to the possibility of income tax rises. A discussion paper on the subject is promised before next year’s budget. &! https://www.theguardian.com/society/2017/sep/16/two-thirds-support-higher-taxes-to-fund-nhs - Two-thirds support higher taxes to maintain NHS funding Amid growing concern about state of the health service, poll shows a willingness to contribute more
NHS
Austerity
health
care
demand
chronic
sick
population
Verursacherprinzip
nanny
state
Sugar
Tax
SugarTax
CVD
diabetes
obesity
overweight
premature
ageing
demographic
bubble
babyboomers
baby
boomers
western
diet
lifestyle
S.A.D.
Cancer
The unprecedented move by the Faculty of Public Health in Scotland comes weeks after the SNP’s programme for government opened the door to the possibility of income tax rises. A discussion paper on the subject is promised before next year’s budget. &! https://www.theguardian.com/society/2017/sep/16/two-thirds-support-higher-taxes-to-fund-nhs - Two-thirds support higher taxes to maintain NHS funding Amid growing concern about state of the health service, poll shows a willingness to contribute more
september 2017 by asterisk2a
If our government won’t act to save our NHS this winter, this is what we must do | openDemocracy
september 2017 by asterisk2a
Theresa May’s team has adopted an ostrich-style response to the rising cash crisis and its likely impact this winter. But it’s clear that many of her MPs, fearing they could lose their reduced majorities at the next election, are pressing hard behind the scenes for a reprieve for local services.
MPs have already forced significant retreats from hospital downgrades in north Devon and Essex. Cabinet minister Andrea Leadsom has backed calls for a reprieve for hospital services at Banbury’s Horton General, and may yet have something to say about Oxfordshire’s latest bed closures.
NHS
STP
Austerity
rationing
waiting
times
winter
crisis
health
care
demand
chronic
sick
population
ageing
premature
demographic
bubble
babyboomers
baby
boomers
CCG
CQC
CVD
diabetes
Cancer
obesity
Influenza
MPs have already forced significant retreats from hospital downgrades in north Devon and Essex. Cabinet minister Andrea Leadsom has backed calls for a reprieve for hospital services at Banbury’s Horton General, and may yet have something to say about Oxfordshire’s latest bed closures.
september 2017 by asterisk2a
Millennials spend three times more of income on housing than grandparents | Society | The Guardian
september 2017 by asterisk2a
Millennials are spending three times more of their income on housing than their grandparents yet are often living in worse accommodation, says a study launched by former Conservative minister David Willetts that warns of a “housing catastrophe”. [....] They are four times as likely to rent privately than two generations ago, a sector which has the worst record for housing quality, the report claims.
Millennials
UK
housing
crisis
affordable
social
Generation
Rent
Generationengerechtigkeit
babyboomers
baby
boomers
disposable
discretionary
income
Spending
Generationy
GenY
oligopol
oligopoly
Corruption
lobby
vested
interest
bubble
underinvestment
Austerity
debt
revolving
door
asset
distortion
London
Productivity
output
gap
skills
student
loan
GFC
mortgage
risk
recovery
secular
stagnation
lost
lostdecade
decade
history
Margaret
Thatcher
september 2017 by asterisk2a
James O'Brien vs people who trust Jeremy Hunt more than doctors - YouTube
september 2016 by asterisk2a
early on, BMA did was more concerned about patient safety than repping Junior Doctors (pay & working conditions); spreading them over 7 days rather than 5. Sat a normal working day no extra pay. // 7:00 papers not helping JD by explaining the issues at hand and the roots. ... now Paper readers trust Jeremy Hunt and co more, more to fix NHS problems and that rationing and 7 day NHS is proper. // JD do argue that the holes in 5 days rotas can't be safe spreading over 7. // privatise elective services/ops to the weekend! relieve NHS during weekday // internal investigations showed 7days plan is unsafe bc too little staff and too little money // imposed contract is not safe - polled by ?~60%? of JD //&! James O'Brien vs the right-wing media attack on junior doctors - youtu.be/qjgVk9TKgQg - Tories done a great job denegrating Public Sector Workers across the board, shifting sentiment by repeating the same lines again and again and not being challenged by the opposition.
BMA
Jeremy
Hunt
Simon
Stevens
Theresa
May
Junior
Doctors
Doctor
austerity
David
Cameron
George
Osborne
A&E
GP
Career
Politicians
Tories
NHS
Crisis
health
care
demand
babyboomers
baby
boomers
sick
population
september 2016 by asterisk2a
NHS on track for 'depressing milestone' of late cancer treatments - Evening Express
september 2016 by asterisk2a
The target of 85% of cancer patients to be seen within two months of urgent referral has been missed for almost two years [...] “These targets exist to ensure swift diagnosis and access to cancer treatment, which is vital if we’re to give patients the best chance of a cure and are serious about having survival rates as good as anywhere in the world. [...] Nigel Edwards, chief executive of the Nuffield Trust, said: “Today’s drop in performance is yet another example of the great pressure the entire health service is facing.”
NHS
Scotland
cancer
sick
population
Austerity
ageing
premature
baby
boomers
babyboomers
diet-related
England
prevention
Simon
Stevens
Shona
Robinson
Jeremy
Hunt
Transgender
september 2016 by asterisk2a
NHS boards face cuts totalling £407m (From Herald Scotland)
august 2016 by asterisk2a
Scottish health boards are facing up to budget cuts on a scale never achieved before, and some are proposing savings deemed "high risk".
Figures on cuts planned by Scotland's 14 regional health boards and seven specialist boards showed total savin of £407m to be achieved this year. Critics said this would wipe out in a single year the bulk of the SNP's manifesto pledge to invest an extra £500 million in the NHS over the course of the next parliament. //^&! NHS Grampian saving 18.5m after ~40m injection of extra cash. - bit.ly/2btLpfc
NHS
Scotland
Transgender
Shona
Robinson
Austerity
health
care
demand
Nicola
Sturgeon
SNP
Theresa
May
England
ageing
population
GP
prevention
sick
Grampian
Crisis
obesity
heart
disease
attack
diabetes
mental
stroke
alcohol
abuse
demographic
bubble
baby
boomers
babyboomers
premature
chronic
Diseases
diet-related
lifestyle
waiting
times
cancer
Figures on cuts planned by Scotland's 14 regional health boards and seven specialist boards showed total savin of £407m to be achieved this year. Critics said this would wipe out in a single year the bulk of the SNP's manifesto pledge to invest an extra £500 million in the NHS over the course of the next parliament. //^&! NHS Grampian saving 18.5m after ~40m injection of extra cash. - bit.ly/2btLpfc
august 2016 by asterisk2a
Keiser Report: Phantom Pension Funding (E952) - YouTube
august 2016 by asterisk2a
Keiser Report: Schrödinger's Brexit (E954) - https://youtu.be/eI3crUgYik0 - BOE makes things worse for pension funds and insurance industry
pension
obligation
ZIRP
NIRP
QE
distortion
baby
boomers
babyboomers
triple-lock
UK
USA
European
Union
western
world
secular
stagnation
hunt
for
yield
august 2016 by asterisk2a
Feet first, our NHS is limping towards privatisation | Polly Toynbee | Opinion | The Guardian
august 2016 by asterisk2a
Every week 135 people have amputations because diabetes has caused their feet to rot
NHS
Crisis
diabetes
diet-related
chronic
disease
Diseases
lifestyle
baby
boomers
babyboomers
ageing
population
premature
sick
England
Scotland
Jeremy
Hunt
Simon
Stevens
GP
prevention
health
care
demand
budget
rationing
Austerity
august 2016 by asterisk2a
Private providers in the NHS - the debate reignites - BBC News
august 2016 by asterisk2a
[ sending people private to cut waiting lists and time to meet targets. no targets mean no one has to be send to private hospitals for treatment means less expense at the current account year. & Not to call out the truth, diet-related causes, is Political. ] ... the use of private health provision had increased to 7.6% in 2015/16. This compares with a figure of 4.9% in 2010/11, the first year of the coalition government. This is the basis of Labour's claim of a big increase in privatisation under the Conservatives. Government sources, though, say there was a significant rise in under Labour when private hospitals were first used to help cut waiting lists. Back in 2006/07, the use of private health provision was just 2.8%.
waiting
times
list
rationing
NHS
Crisis
Privatisation
England
Scotland
Austerity
health
care
demand
budget
ageing
population
sick
diet-related
lifestyle
cancer
heart
attack
stroke
underinvestment
prevention
Simon
Stevens
public
GP
Jeremy
Hunt
babyboomers
baby
boomers
demographic
bubble
dementia
obesity
diabetes
august 2016 by asterisk2a
NHS chiefs urge GP surgeries to carry out life-changing cataract operations | Daily Mail Online
august 2016 by asterisk2a
The NHS only has capacity to do 330,000 cataract operations a year but this could be hugely increased if GP surgeries also offered them.
The guidance will be issued to England's 211 Clinical Commissioning Groups, which control local NHS budgets and decide which patients deserve treatment.
The health watchdog NICE is also drawing up guidelines on cataract treatment that are due in 2018.
Around half of over-65s suffer from cataracts to some degree. This occurs when the lens in front of the eye becomes cloudy with age.
But it can be easily treated with a quick operation to replace the affected lens with a plastic implant costing £800 an eye.
NHS
Crisis
England
rationing
health
care
demand
ageing
population
sick
premature
chronic
diseases
disease
diet-related
lifestyle
babyboomers
baby
boomer
Scotland
GP
Austerity
The guidance will be issued to England's 211 Clinical Commissioning Groups, which control local NHS budgets and decide which patients deserve treatment.
The health watchdog NICE is also drawing up guidelines on cataract treatment that are due in 2018.
Around half of over-65s suffer from cataracts to some degree. This occurs when the lens in front of the eye becomes cloudy with age.
But it can be easily treated with a quick operation to replace the affected lens with a plastic implant costing £800 an eye.
august 2016 by asterisk2a
David Huddleston, star of Big Lebowski and Santa Claus, dies at 85 - BBC News
august 2016 by asterisk2a
His widow said he died on Tuesday of advanced heart and kidney disease.
premature
death
ageing
population
sick
babyboomers
baby
boomer
heart
Disease
diet-related
lifestyle
august 2016 by asterisk2a
Triple-lock pension guarantee stands, says Downing Street - BBC News
august 2016 by asterisk2a
'Totemic policy'
Lady Altmann, who lost her post in Theresa May's reshuffle, argued instead for a system whereby the state pension increased in line with either prices or earnings, but with no commitment to increase it by 2.5%.
She told the Observer newspaper that she had tried to persuade the former Prime Minister David Cameron last year to alter the policy, but he had blocked the change for political reasons.
babyboomers
baby
boomer
triple-lock
pension
UK
Austerity
Lady Altmann, who lost her post in Theresa May's reshuffle, argued instead for a system whereby the state pension increased in line with either prices or earnings, but with no commitment to increase it by 2.5%.
She told the Observer newspaper that she had tried to persuade the former Prime Minister David Cameron last year to alter the policy, but he had blocked the change for political reasons.
august 2016 by asterisk2a
Cancer early detection targets missed | Holyrood Magazine
july 2016 by asterisk2a
Scottish health boards fail to increase early detection of breast lung and bowel cancers by 25 per cent //&! CONCERN OVER NHS GRAMPIAN CANCER EARLY DETECTION RATES - https://www.eveningexpress.co.uk/fp/news/local/concern-over-cancer-early-detection-rates-in-region/ &! https://www.pressandjournal.co.uk/fp/news/politics/holyrood/985636/nhs-grampian-among-worst-country-detecting-cancer-early/
NHS
Scotland
NHS
England
cancer
sick
population
premature
ageing
diet-related
disease
diet-related
diseases
chronic
disease
chronic
diseases
health
care
demand
Baby
Boomers
babyboomers
health
care
spending
health
care
cost
health
care
budget
health
crisis
Alcohol
tobacco
july 2016 by asterisk2a
Are The Bond Market Alarm Bells Ringing? (W/Guest: Neil Irwin) - YouTube
july 2016 by asterisk2a
bond prices as forward guidance does not look up. rather down, for western world and global economy.
recovery
GFC
economic
history
bond
bubble
corporate
debt
corporate
bonds
Junk
bond
PIGS
European
Union
ZIRP
NIRP
QE
hunt
for
yield
reflate
reflation
equity
bubble
USA
UK
secular
stagnation
austerity
monetary
policy
fiscal
policy
squeezed
middle
class
lost
decade
IMF
G20
ChristineLagarde
George
Osborne
Angela
Merkel
Wolfgang
Schäuble
Pact
debt
overhang
Schuldenbremse
balance
sheet
recession
non-performing
loan
zombie
bank
zombie
banks
Richard
Koo
output
gap
productivity
gap
underinvestment
productive
investment
Janet
Yellen
MarioDraghi
trichet
Mark
Carney
Philip
Hammond
China
credit
boom
credit
bubble
1%
10%
20%
neoliberal
neoliberalism
Chicago
School
neoclassical
economics
Japan
Abenomics
BOJ
BOE
ECB
Fed
European
Supervision
Millennials
triple-lock
pension
Baby
Boomers
babyboomers
Generationengerechtigkeit
crony
capitalism
Wall
Street
Confidence
Fairy
bond
vigilante
David
Cameron
infrastructure
investment
education
policy
july 2016 by asterisk2a
Anger after key plan to tackle childhood obesity delayed again
july 2016 by asterisk2a
[ obesity/diet-related diseases (chronic) to bankrupt NHS ] Theresa May will delay publishing the Government’s long awaited Childhood Obesity Strategy until the autumn, despite pleas from the head of the NHS to act to protect the most vulnerable children in society. On Tuesday NHS England Chief Executive Simon Stevens called for the plan to be unveiled, saying the obesity crisis costs the taxpayer more than the police and fire services combined.
obesity
obesity
epidemic
Theresa
May
Jeremy
Hunt
Simon
Stevens
Sugar
Tax
NHS
diet-related
disease
diet-related
diseases
chronic
disease
chronic
diseases
diabetes
health
care
budget
health
care
cost
health
care
demand
health
care
spending
premature
ageing
ageing
population
Baby
Boomers
babyboomers
GP
A&E
stroke
heart
disease
cancer
Standard
American
Diet
dietary
cholesterol
western
lifestyle
Cardiovascular
disease
vascular
disease
embolism
David
Cameron
Nudge
theory
meat
processed
food
food
engineering
Wertegesellschaft
society
economic
harm
economic
damage
tobacco
self-medication
coping
mechanism
Alcohol
abuse
alcoholism
breast
cancer
colon
cancer
bowel
cancer
july 2016 by asterisk2a
5 Charts That Prove Millennials Are Worse Off Than You | Zero Hedge
july 2016 by asterisk2a
Indeed, the typical millennial in the U.K., which the think tank defines as aged 15 to 35, earned about 8,000 pounds (the equivalent of around $10,600) less during their 20s than did those in Generation X.
Millennials
triple-lock
pension
wage
stagnation
wage
growth
student
debt
Loan
Bubble
student
student
debt
student
loans
income
growth
income
inequality
income
distribution
inequality
Gini
coefficient
social
mobility
income
mobility
Baby
Boomers
babyboomers
july 2016 by asterisk2a
Here's Why All Pension Funds Are Doomed, Doomed, Doomed
july 2016 by asterisk2a
Given that both The Economist and The Wall Street Journal have covered the impossibility of pension funds achieving their expected returns, this reality cannot be a surprise to anyone in a leadership role. [...] Here's problem #1 in a nutshell: the average public pension fund still expects to earn an average annual return of 7.69%, year after year, decade after decade.
This is roughly triple the nominal (not adjusted for inflation) yield on a 30-year Treasury bond (about 2.65%). The only way any fund manager can earn 7.7% or more in a low-yield environment is to make extremely high risk bets that consistently pay off. //&! Millennials are first gen to have earned less in their 20's than previous gens. - bit.ly/2a9M98K
ZIRP
NIRP
QE
unintended
consequences
pension
obligation
triple-lock
pension
babyboomers
Baby
Boomers
demographic
bubble
ageing
population
hunt
for
yield
life
insurance
insurance
industry
monetary
policy
Helicopter
Money
monetary
theory
bond
bubble
Richard
Koo
liquidity
trap
economic
history
recovery
Fed
BOE
ECB
Abenomics
western
world
Japan
BOJ
pension
fund
Beton
Gold
Betongold
property
bubble
asset
allocation
funds
allocation
asset
bubble
Pensioner
pension
scheme
secular
stagnation
austerity
deflation
deflationary
Confidence
Fairy
IMF
OECD
credit
boom
credit
bubble
New
Normal
Great
Moderation
economic
harm
economic
damage
reflate
reflation
equity
bubble
distortion
This is roughly triple the nominal (not adjusted for inflation) yield on a 30-year Treasury bond (about 2.65%). The only way any fund manager can earn 7.7% or more in a low-yield environment is to make extremely high risk bets that consistently pay off. //&! Millennials are first gen to have earned less in their 20's than previous gens. - bit.ly/2a9M98K
july 2016 by asterisk2a
Cambridgeshire's £800m NHS outsourcing contract 'wasted millions'
july 2016 by asterisk2a
[ can't run a hospital on one sheet of paper ] [...] 'Astonishing array of errors'
But the NAO's investigation into the contract - which ended just eight months after it started - has criticised the planning and the lack of data setting out the true cost of the service.
The report found the consortium had not taken account of VAT costs and underestimated both the changeover and running costs of delivering the service in drawing up its bid for the contract
NHS
NHS
England
Privatisation
outsourcing
Council
elderly
care
adult
social
care
Jeremy
Hunt
Simon
Stevens
health
crisis
sick
population
ageing
population
diet-related
disease
diet-related
diseases
chronic
disease
chronic
diseases
health
care
demand
health
care
cost
health
care
budget
health
care
spending
Baby
Boomers
babyboomers
demographic
bubble
But the NAO's investigation into the contract - which ended just eight months after it started - has criticised the planning and the lack of data setting out the true cost of the service.
The report found the consortium had not taken account of VAT costs and underestimated both the changeover and running costs of delivering the service in drawing up its bid for the contract
july 2016 by asterisk2a
NHS budget control 'will require staff cuts'
july 2016 by asterisk2a
It says the government should be honest about NHS spending plans at a time when patient demand is rising. [...] The NHS leadership is set to unveil plans to get hospitals and other trusts to stick to agreed spending limits. In the last financial year, trusts ran up a collective deficit of £2.4bn - and the aim is to cut that figure significantly. [...] "It is no longer credible to argue that the NHS can continue to meet increasing demand for services, deliver current standards of care and stay within its budget. This is widely understood within the NHS and now needs to be debated with the public. "There are no easy choices, but it would be disastrous to adopt a mindset that fails to acknowledge the serious state of the NHS in England today." //&! bbc.in/29mkr7G - An overspend would be a serious breach of Whitehall protocol and lead to senior officials being hauled over the coals by the National Audit Office.
CQC
NHS
England
NHS
Scotland
health
care
demand
health
care
cost
health
care
spending
Baby
Boomers
babyboomers
Simon
Stevens
Jeremy
Hunt
chronic
disease
chronic
diseases
austerity
cancer
heart
disease
diet-related
disease
diet-related
diseases
GP
A&E
bed
blocking
adult
social
care
elderly
care
staff
morale
staff
shortage
locum
doctor
locum
staff
sick
population
UK
obesity
obesity
epidemic
overweight
diabetes
high
blood
pressure
dietary
cholesterol
fatty
liver
disease
liver
disease
waiting
times
Sugar
Tax
meat
Industry
stroke
heart
attack
premature
ageing
premature
death
public
awareness
dietary
guidelines
Fiber
animal
protein
animal
fat
Free
Oil
Salt
processed
food
food
engineering
Fish
Industry
carbon
pollution
big
pharma
pharma
pharmaceutical
preventative
care
prevention
preventive
care
preventive
medicine
medical
school
medical
training
july 2016 by asterisk2a
Does The Myth of Meritocracy show us how to alleviate inequality?
july 2016 by asterisk2a
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
Michael Greger, MD: 2016 Mad City Vegan Fest - YouTube
july 2016 by asterisk2a
Q&A - Oil is similar to Sugar! ... more nutrition per calories.
Whole
Plant
Based
Diet
Vegan
Western
pattern
lifestyle
Standard
American
Diet
dietary
cholesterol
Fiber
dietary
guidelines
Whole-Food
Plant-Based
Diet
Michael
Greger
medical
school
medical
profession
Simon
Stevens
chronic
disease
chronic
diseases
diet-related
disease
diet-related
diseases
big
pharma
pharmaceutical
industry
pharma
Jeremy
Hunt
preventative
care
prevention
preventive
care
preventive
medicine
sick
population
premature
ageing
premature
death
health
care
budget
health
care
cost
health
care
demand
health
care
spending
health
crisis
Baby
Boomers
babyboomers
processed
food
food
engineering
Salt
Sugar
Sugar
Tax
diabetes
Meat
public
health
policy
public
health
risk
public
health
NHS
july 2016 by asterisk2a
75% of NHS trusts are in the red: Warning the Health Service needs emergency bailout from the government or patient care will get even worse | Daily Mail Online
NHS NHS England NHS Scotland Brexit austerity ageing population Baby Boomers babyboomers chronic disease chronic diseases sick population premature ageing premature death cancer Simon Stevens Jeremy Hunt health care budget health care cost health care demand health care spending GP staff morale staff shortage locum doctor locum staff
july 2016 by asterisk2a
NHS NHS England NHS Scotland Brexit austerity ageing population Baby Boomers babyboomers chronic disease chronic diseases sick population premature ageing premature death cancer Simon Stevens Jeremy Hunt health care budget health care cost health care demand health care spending GP staff morale staff shortage locum doctor locum staff
july 2016 by asterisk2a
Annuity rates 'in freefall' since EU vote
july 2016 by asterisk2a
Rates have fallen by 3.5% in the two weeks since 24 June, said Tom McPhail, head of retirement policy at Hargreaves Lansdown.
Before the vote, a 65 year-old with savings of £100,000 would have been able to buy an annual income of £5,069.
Now the value of that pension has dropped to £4,890, a new record low.
Experts had predicted just such a development before the referendum, yet a majority of people over the age of 60 voted to leave the European Union.
pension
fund
Pensioner
pension
pension
scheme
pension
obligation
demographic
bubble
Baby
Boomers
babyboomers
Brexit
secular
stagnation
ZIRP
NIRP
QE
recovery
GFC
austerity
recession
Before the vote, a 65 year-old with savings of £100,000 would have been able to buy an annual income of £5,069.
Now the value of that pension has dropped to £4,890, a new record low.
Experts had predicted just such a development before the referendum, yet a majority of people over the age of 60 voted to leave the European Union.
july 2016 by asterisk2a
NHS finance chiefs warn of poorer care and longer waiting times | Society | The Guardian
july 2016 by asterisk2a
NHS finance managers warn today that patients are set to experience poorer care, longer waiting times for treatment and greater rationing.
A grim outlook for the NHS’s finances is also likely to see many hospitals fail to make savings that ministers have said are vital and put plans for the service to reform how it operates in serious doubt.
NHS
Scotland
NHS
England
NHS
Simon
Stevens
Jeremy
Hunt
sick
population
ageing
population
austerity
chronic
disease
chronic
diseases
diet-related
disease
diet-related
diseases
premature
ageing
heart
disease
high
blood
pressure
dietary
cholesterol
diabetes
obesity
obesity
epidemic
overweight
tobacco
alcohol
abuse
food
abuse
mental
health
stroke
heart
attack
GP
A&E
cancer
big
pharma
pharma
pharmaceutical
industry
prevention
preventive
medicine
babyboomers
Baby
Boomers
rationing
meat
tax
Sugar
alcohol
tax
lobby
Lobbying
lobbyist
bed
blocking
adult
social
care
elderly
care
A grim outlook for the NHS’s finances is also likely to see many hospitals fail to make savings that ministers have said are vital and put plans for the service to reform how it operates in serious doubt.
july 2016 by asterisk2a
Shields and Brooks on voter disenchantment across the globe - YouTube
june 2016 by asterisk2a
"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
june 2016 by asterisk2a
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.
European
Union
Brexit
fiscal
Political
Union
ECB
Alan
Greenspan
Fed
Yanis
Varoufakis
Janet
Yellen
PIGS
sovereign
debt
crisis
secular
stagnation
productivity
gap
disposable
income
discretionary
spending
ageing
population
current
account
deficit
budget
deficit
GFC
entitlement
spending
Abenomics
monetary
policy
fiscal
policy
pension
obligation
babyboomers
Baby
Boomers
immigration
NIRP
ZIRP
QE
economic
history
Germany
Angela
Merkel
BOE
Mark
Carney
rising
middleclass
squeezed
middle
class
working
poor
Precariat
populism
demagogue
demagogy
Donald
Trump
western
world
savings
rate
Gini
coefficient
social
mobility
income
mobility
triple-lock
pension
pension
fund
pension
scheme
democracy
Career
Politicians
politician
output
gap
M2
inflation
targeting
M3
commodity
prices
global
economy
june 2016 by asterisk2a
Day of change turns rules upside down
june 2016 by asterisk2a
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
Right now, it is not at all inevitable that's a problem the current generation of politicians will ever be able to fix.
june 2016 by asterisk2a
Inside Story - What's the future of the UK in the wake of Brexit? - YouTube
june 2016 by asterisk2a
Felt left behind! proxy protest vote. Dog whistle racism/xenophobia. World of post-fact politics and post-fact campaigning! Still a protest vote vs the elite and establishment always promised Disneyland. Reclaiming democracy at home, from bureaucracy, unelected officials, unaccountable ones, in Brussels. Young voters; 3 in 10 voted. Scewed the result somewhat. This is a warning to mainstream parties around the western world. Politics is being hollowed out, voters go to either extremes as alternative!
Brexit
Indyref
2
England
unitedkingdom
UK
Wales
Northern
Ireland
disenfranchise
disenfranchised
immigration
inequality
Gini
coefficient
structural
unemployment
youth
unemployment
unemployment
poverty
child
poverty
fuel
poverty
populism
demagogue
demagogy
demographic
bubble
EEA
Freedom
of
Movement
Schengen
Agreement
Westminster
No
Representation
far-right
far-right
politics
austerity
right-wing
right-wing
extremism
Nigel
Farage
Conservative
Party
Labour
Party
Nationalism
Nationalismus
Altersarmut
UKIP
Identitätspolitik
identity
Ausländerfeindlichkeit
racism
Xenophobia
Xenophobic
babyboomers
Baby
Boomers
Boris
Johnson
David
Cameron
Jeremy
Corbyn
NHS
Crisis
Housing
Crisis
general
election
2015
long-term
unemployment
Fiscal
Pact
Schuldenbremse
Brussels
bureaucracy
june 2016 by asterisk2a
The Incredible Shrinking Middle Class - YouTube
june 2016 by asterisk2a
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.
squeezed
middle
class
working
poor
Precariat
precarious
employment
precarious
work
Zero
Hour
Contract
part-time
part-time
employment
underemployed
underemployment
structural
unemployment
overqualified
overqualification
social
mobility
income
mobility
western
world
USA
secular
stagnation
GFC
economic
history
Student
Loan
Bubble
debt
loans
youth
unemployment
demographic
ageing
population
Canada
OECD
low
pay
globalisation
emerging
middle
class
automation
Robotics
Robots
AI
artificial
intelligence
augmented
intelligence
self-driving
cars
autonomous
car
autonomous
cars
linkedin
IBM
Microsoft
Facebook
Instagram
WhatsApp
Oracle
Google
temporary
work
babyboomers
Baby
Boomers
self-employment
Gig
Economy
1099
Economy
Higher
Education
internship
apprenticeship
apprenticeships
exploitation
profit
maximisation
profit
maximization
shareholder
value
capitalism
june 2016 by asterisk2a
Long-term unemployment almost double pre-financial crisis level – OECD | Business | The Guardian
september 2014 by asterisk2a
"12.1 million more unemployed people than just before the crisis in OECD countries (...) with many more in low-paid and precarious jobs", says OECD in a new report
OECD
USA
UK
Europe
developed
world
GFC
creative
destruction
flat
world
globalisation
globalization
sovereign
debt
crisis
Mobile
Mobile
Creatives
Year
of
Code
Future
of
Work
education
policy
Public
Career
Politicians
short-term
thinking
short-term
view
Millennials
babyboomers
Baby
Boomers
generationy
competitiveness
comparative
advantage
competitive
advantage
competitive
emerging
market
Developing
Frontier
Markets
BRIC
MINT
long-term
unemployment
Structural
Impediments
unemployment
unemployment
underemployed
workless
working
poor
Proletariat
Precariat
precarious
minimum
wage
mindestlohn
Services
Industry
service
economy
service
Share
sharing
economy
self-employment
september 2014 by asterisk2a
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