asterisk2a + clegg + osborne   7

Student loans 'heading for trillion pounds' - BBC News
The conversion of means-tested grants into loans has meant that the poorest students end up graduating with the biggest debts, says Lord Forsyth.

And he warns that the current repayment system was more expensive for people in middle income jobs such as nursing, rather than high-paid lawyers or financiers, who would pay off their debts more quickly.

"The people who get screwed by this are those in the middling jobs," says Lord Forsyth.

"This was all done on the basis that it would create a market in higher education - and that has failed, there isn't a market."

Lord Forsyth says that there is no meaningful consumer choice or competition - and he dismissed the system for rating teaching quality in universities, the teaching excellence framework, as a "bit of a joke".

"Because no-one ever turns up to look at the teaching," says Lord Forsyth.
UK  education  policy  David  Cameron  Nick  Clegg  George  Osborne  Tories  University  College  poverty  trap  student  debt  loan  vocational  skills  Mittelstand  apprenticeship  accounting  Austerity  gap  productivity 
june 2018 by asterisk2a
Extreme austerity a political choice not economic necessity (UK)
has lots of papers on // "Extreme austerity a political choice not economic necessity." (UK) // "We are all in this together." Conservatives and LibDems >> &! http://www.theguardian.com/politics/2015/may/05/uk-living-standards-fell-for-all-but-the-richest-under-coalition-analysis &! http://www.theguardian.com/news/datablog/2012/may/22/social-mobility-data-charts &! http://www.bbc.co.uk/news/education-24566926 //
austerity  UK  Conservative  Party  David  Cameron  Nick  Clegg  George  Osborne  underinvestment  productivity  output  gap  infrastructure  investment  management  fiscal  policy  IMF  economic  history  Career  Politicians  No  Representation  short-term  thinking  short-term  view  policy  error  policy  folly  social  mobility  Gini  coefficient  income  mobility  downward  mobility  labour  market  labour  economics  vocational  education  education  policy  continual  education  Industrial  Revolution  2.0  globalisation  globalization  competitiveness  competitive  competition  squeezed  middle  class  working  poor  precarious  work  Precariat  Proletariat  working  class  middle  class  tax  evasion  tax  avoidance  trickle-down  economics  Super  Rich  1%  crony  capitalism  profit  maximisation  shareholder  value  Wall  Street  Toff  Privileged  Establishment  John  Van  Reenen 
may 2015 by asterisk2a
Where Next for the UK Economy? | 24.02.2015 - YouTube
min 37 BOE owns over 1/3 of outstanding gilts // pattern of global demand ([luxury, vanity, status, brand], [convenience, on-demand,] [software, automation, robots, driving down manual labour cost - corporate/wall street] [connection with your customer] [Data] // GDP growth (national income, profits from corp) outpaced income growth (income from labour). is double // austerity, fiscal policy: to force a surplus of the budget (and current account/balance of payments) over 10 year time frame (2x conservative parliament) without thinking where the demand comes from (income growth thus more disposable income thus consumer &* business demand (more employment), thus higher tax revenue). And only thinking about cutting, is a Career Politician move, sticking 2 his talking points of Plan A. // dont compete w BRIC/Developing/Frontier Market on price (exporting). It's a race to the bottom, it can not work. Thus it has to be Industrial Revolution 2.0 !!! Differentiate. Brand. Being Remarkable.
BOE  QE  ZIRP  NIRP  productivity  income  growth  GDP  distortion  trade  deficit  balance  of  payments  current  account  deficit  economic  history  IMF  Career  Politicians  Industrial  Revolution  2.0  Conservative  Party  David  Cameron  Liberal  Democrats  Nick  Clegg  George  Osborne  globalisation  globalization  borderless  flat  world  Brand  differentiate  differentiation  Software  Is  Eating  The  Mobile  Creatives  Mobile  Creative  Start-Up  lesson  Start-Up  advice  UK  Europe  Germany  USA  China  BRIC  monetary  policy  fiscal  policy  macroeconomic  policy  microeconomic  policy 
may 2015 by asterisk2a
Scottish referendum on a knife-edge - YouTube
panic reactions, cancelling obligations ... ie osborne and carney even cancelled obligations post vote date for the following weekend & as usual - fear mongers & the establishment come out of the woodshed as last measure (bankers and big business saying X without evidence or backing with facts)
Westminster  UK  Career  Politicians  AlistairDarling  David  Cameron  Nick  Clegg  George  Osborne  Mark  Carney  Scottish  independence  referendum  Scottish  Scotland  Policy  Makers  No  Representation  error  folly 
september 2014 by asterisk2a
LISTEN: Our business correspondent Justin... - The Today Programme
>>> Scotland's exit will have 'huge consequences' on businesses. Actually 'huge consequences', he said, actually in regard to UK's potential EU Exit in 2017 when people will vote on the matter. PERIOD. THIS WORDING OF THE HEADLINE WAS CHOSEN DELIBERATELY ... TAKEN OUT OF CONTEXT. +++ Alex Salmond attacks BBC + Nick Robinson on 'Market sensitive information' (11Sept14) - http://youtu.be/6Jo113LjqB0 +++ Alastair Darling's only argument is about Finance and Wall Street, that Wall Street doesn't like uncertainty << Career Politicians & Toffs - http://youtu.be/dxcJu2EvJ6Q +++ and here comes the IMF with another "markets don't like uncertainty" quip - http://www.spiegel.de/wirtschaft/soziales/referendum-in-schottland-iwf-warnt-vor-negativen-auswirkungen-a-991140.html
BBC  Scottish  independence  referendum  Scottish  journalism  journalismus  ethical  machine  integrity  Westminster  UK  Toff  No  Representation  Career  Politicians  Politics  David  Cameron  AlistairDarling  Nick  Clegg  George  Osborne 
september 2014 by asterisk2a

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