asterisk2a + dogma   281

Entrepreneurs don’t have a special gene for risk—they come from families with money — Quartz
micro social safety net helps taking risks. see also what happens to your brain when living in poverty day to day. // And this is a key advantage: When basic needs are met, it’s easier to be creative; when you know you have a safety net, you are more willing to take risks. “Many other researchers have replicated the finding that entrepreneurship is more about cash than dash,” University of Warwick professor Andrew Oswald tells Quartz. “Genes probably matter, as in most things in life, but not much.” [...] “If one does not have money in the form of a family with money, the chances of becoming an entrepreneur drop quite a bit,” Levine tells Quartz.
Entrepreneurship  Silicon  Valley  Grundeinkommen  Universal  Basic  Income  social  safety  net  Dogma  chronic  stress  poverty  trap  Deprivation  Middle  Class  working  poor  Myth  UBI  risk  mental  health  Start-up 
september 2017 by asterisk2a
Thoreau and Civil Disobedience - YouTube
Henry David Thoreau // Patriots are not those who follow blindly the leader (majority/minority votes) and their administration. But those who follow their own conscience, and the principles of reason. It is independent through (see also uk, us media landscape). hated political passivity - do nothing to put an end to xyz, although happening to have an opinion. but not acting on it. [...] // serving your own mind and conscience.
History  Brexit  DonaldTrump  Donald  Trump  Resistance  Opposition  Career  Politicians  Public  Intellectual  reasoning  book  Politics  WomensMarch  Democracy  Democratic  Nationalism  Patriot  Patriotism  Populism  Dogma  Ideology  Propaganda 
january 2017 by asterisk2a
Jay Rosen - [My Twitter thread from last night on why the news...
But the most striking quality of her on-air performance is that when Kellyanne Conway is done talking you know less than when you started. It's not the way she deflects, or lies. These are normal arts. It's that her gift is for subtracting from a viewer's knowledge. [...] If she cannot reliably represent Trump's thinking — AND she is a fog machine — there is no journalistic rationale for having her on TV.
Kellyanne  Conway  DonaldTrump  Donald  Trump  PR  speech  language  communication  Propaganda  Nationalism  Fascism  Journalism  journalismus  Dogma  demagogue 
january 2017 by asterisk2a
Scriptwriter David Hare on Denial, truth and Trump - BBC Newsnight - YouTube
'alternative fact', deliberate (mis)manipulation of the truth. / Rifikin: 'Truth is a matter of clicks.' / lying in politics is not a new thing but every day is a new thing, to stay in news cycle, et al / deliberate distortions //&! Trump, "Alternative Facts" and the Women's March: A Closer Look - Late Night with Seth Meyers - https://youtu.be/lg9Tu79F4qE // ZDF Auslandsjournal 25th 01 2017 spend 10min on Kellyanne Conway "Alternative Facts" and SNL 21st 01 2017 had Kellyanne Conway Musical sketch! // &! &! Jimmy Kimmel's Alternative Facts - https://youtu.be/GC-mYDq_bTY "conveniently skewed" like 'consciously uncoupled' //&! What the Actual Fact? - The Trump Administration's "Alternative Facts": The Daily Show - https://youtu.be/o_zZY7lgfzo Donald Trump "I have a long running war with the news" in-fornt of CIA //&! Profiles in Tremendousness - White House Press Secretary Sean Spicer - https://youtu.be/EDxCK4fi_sA - illegal voters, //&! https://youtu.be/Jxd61lQJyPU - Keith Olbermann stop live coverage of white house pressers, which are, when not fact checked, propaganda //&! Punchlines: Alternative crowd-control facts - https://youtu.be/2IHHsLWtGoQ //&! Chuck Schumer - https://youtu.be/hy4IUfvzKCM
post-truth  post  truth  fact  post-fact  alternative  Populism  Dogma  Nationalism  Propaganda  DonaldTrump  Donald  Trump  Social  Media  book  fake  news  Mainstream  Press  Lügenpresse  trust  trustagent  PBS  NPR  FoxNews  Rupert  Murdoch 
january 2017 by asterisk2a
Brexit has "taken the veneer off Britain" and exposed the jingoism beneath, says MacAskill (From HeraldScotland)
Brexit has "taken the veneer off Britain" and exposed the jingoism beneath, says MacAskill // jingoism (derogatory) - extreme patriotism, especially in the form of aggressive or warlike foreign policy. //

der Chauvinismus - chauvinism, jingoism, male chauvinism
der Hurrapatriotism - jingoism
Brexit  Populism  Nationalism  Populismus  Dogma  Ideology  demagogue  DonaldTrump  Donald  Trump  AfD 
january 2017 by asterisk2a
'He's already let America down': the reaction to Trump's first speech as president | Opinion | The Guardian
The man does not seem capable of being magnanimous. [...] And the biggest lie of all when the narcissist proclaimed, “I will never let you down.”

He already has.
Populism  Nationalism  Dogma  demagogue  demagogy  DonaldTrump  Donald  Trump  Polarisation 
january 2017 by asterisk2a
BBC Radio 5 live - In Short, Trump inauguration speech was ‘angriest ever’ – professor
[ addressing the obedient mob the obedient mob will do it. stump speech as usual. no different trump ] “It was confrontational, particularly angry at everyone in Washington D.C., everyone who is a part of established government and system,” he said. “It was vintage populism: I am the voice of the people, we will get the job done and to heck with the rest of you.” // America, Americans first, 'speaks to my heart# - http://www.bbc.co.uk/programmes/p04q6jyz
DonaldTrump  Donald  Trump  Nationalism  Populism  Dogma  Ideology  USA  Brexit  democracy  Oligarchy  Plutocracy  1%  Super  Rich 
january 2017 by asterisk2a
UK at risk of Brexit ‘catastrophe’ warns Canadian trade expert | Politics | The Guardian
Former EU ambassador Sir Ivan Rogers ‘absolutely right to say replacement deal may take a decade to sort out’ - Britain risks a “catastrophic” Brexit because the government is so dismissive of the concerns of trade experts, according to one of the figures behind the EU-Canada trade deal which took a decade to negotiate. Writing in the Observer, Jason Langrish – one of Canada’s authorities in the field – says the UK’s former ambassador to the EU, Sir Ivan Rogers, who resigned last week and quit the civil service, was absolutely right to say that a British deal could also take a decade to strike. - http://bit.ly/2jugouM
Brexit  Ivan  Rogers  Theresa  May  ideology  populism  dogma 
january 2017 by asterisk2a
The Week Ahead: the return of the nasty party and a good week for Brexit
David Cameron and George Osborne wanted to cut even more! //&! Nicky Morgan's embarrassing interview over Tory cuts to disabled welfare - youtu.be/hjk06tjx_xQ //&! Jeremy Corbyn - youtu.be/Ain-IP4pHCk //&! IFS: cutting disability benefits to fund tax cuts is a political choice - youtu.be/xVBf9dSa9Mw //&! MANIFESTO Election Campaign Promises - Tories hoist by their own petard over disability cuts - youtu.be/N8VijFKLQek //&! also closed Independent Living Fund - youtu.be/nurjzK5VPAI //& "The electorate don't mind. Those who vote aren't affected." *George Osborne - youtu.be/N8VijFKLQek - WCA to bring down bill by kicking people off was a pipedream & Universal Credit is a real cut in benefits. //&! Nicky Morgan's nightmare defending Osborne's nasty budget - youtu.be/Y9YNcQF4t8I - 12bn cuts were promised in Manifesto 2015. 4.4 tried through PIP. youtu.be/5-3Bp7qzj4Y (pre-election) //& cutting corporation tax (& capital gains tax) - youtu.be/gZ6qNHLnbs0 &! Analysis - youtu.be/v-qmvI9s3pE
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april 2016 by asterisk2a
Public Investment Payoff Not Necessarily About Efficiency
electrification of public rail - reduce emissions and improve public health (health hazard of diesel train engines proven - for passengers and residents). also improve public health - people ditching their cars! // 8:40 each additional public capital investment might be less valuable after the first road to the sea port. but that does not factor in types and public health and safety. road vs train. diesel train vs electric train. slow train vs faster electric magnetic safe low maintenance train w auto pilot (augmented intelligence). less public health risks, less health hazard, more public safety = less economic damage through a less sicker population (health care cost, health care demand, less work hours lost, higher productivity - healthy, happy people) but micro and macro economists do not put this into their GDP - well being, happiness, public health. // beijings hazardous hair will prove to be hughe economic cost (public health) down the road (chronic pulmonary conditions and cancer = lower productivity, lower discretionary spending because of spending goes to medicine and medical care and down the road leads to old age poverty for some if not the family).
underinvestment  public  investment  austerity  infrastructure  investment  infrastructure  productivity  productivity  gap  productive  investment  rentier  rent-seeking  commute  commuter  commuting  well  being  public  health  UK  Fossil  fuel  industry  fuel  public  health  policy  Richard  Koo  economic  history  recovery  dogma  ideology  free  market  neoliberal  neoliberalism  microeconomic  policy  added  value  USA  investment  spending  R&D  nominal  GDP  targeting  GDP  George  Osborne  output  gap  public  capital  ROI 
april 2016 by asterisk2a
Budget 2016: Four key numbers - BBC Newsnight
weaker outlook for income tax receipts & economy/global economy >> OBR has done 'no projections' on impact of Brexit: Robert Chote - BBC Newsnight - youtu.be/A0jvIUKTU1U //&! Budget 2016: Evan Davis grills Sajid Javid on the numbers - BBC Newsnight - youtu.be/L0TBTbfNgCw - "WE HAD THE BIGGEST BANK BAILOUT" //&! NICKY MORGAN ON TORY WELFARE ROW - BBC Newsnight - youtu.be/IC_Yhggk62o
Budget2016  OBR  secular  stagnation  income  tax  receipts  productivity  gap  recovery  economic  history  Richard  Koo  Brexit  Schuldenbremse  Fiscal  Pact  general  election  2020  austerity  underinvestment  business  confidence  job  creation  Service  Sector  Jobs  low  pay  low  income  working  poor  tax  credit  Zero  Hour  Contract  wage  stagnation  squeezed  middle  class  self-employment  part-time  Contractor  Zero  Hour  Contract  recovery  economic  history  UK  fairness  Generationengerechtigkeit  pension  obligation  triple-lock  pension  bank  bailout  trickle-down  economics  dogma  ideology  Richard  Koo  Privatisation  free  market  demographic  bubble  poverty  child  poverty  food  poverty  ESA  Disabled  vulnerable  DLA  PIP  DWP  Iain  Duncan  Smith  sanctions  JSA  social  housing  affordable  housing  Crisis  property  bubble  welfare  state  welfare  reform  Universal  housing  benefit  social  safety  net 
march 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
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march 2016 by asterisk2a
Budget 2016 shows Osborne's failure on debt, surplus, GDP
// higher in-work poverty
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march 2016 by asterisk2a
Budget 2016: Evan Davis grills Sajid Javid on the numbers - BBC Newsnight
turning a banking crisis into a budget deficit blowout and blaming it on poor working age people with some benefits to their name. //&! What will it be the Budget be remembered for? DEBATE - BBC Newsnight - youtu.be/iOrhLL-Pe3E - productivity is about increasing public and private investment, and private investment has been falling year after year. tax cuts ie corporate tax rate, do not increase private investment. and household debt/consumer debt/credit car/car loan/student debt is rising and rising, taking up the slack that Osborne is cutting from the budget.
budget2016  budget2010  bank  bailout  austerity  budget  deficit  economic  history  Richard  Koo  UK  GFC  George  Osborne  Sajid  Javid  dogma  ideology  income  tax  receipts  corporate  tax  rate  HMRC  tax  evasion  tax  avoidance  DWP  fairness  Generationengerechtigkeit  triple-lock  pension  pension  obligation  babyboomers  recovery  aggregate  demand  shareholder  capitalism  secular  stagnation  neoliberal  neoliberalism  trickle-down  economics  free  market  Positioning  PR  spin  doctor  George  Osborne  David  Cameron  budget2015  Fiscal  Pact  Schuldenbremse  Brexit 
march 2016 by asterisk2a
Iain Duncan Smith resigns: Why? What next? - BBC Newsnight
youtu.be/e2XyYgkYNFE - Resignation stuck a knife into George Osborne. // working age on the bottom of the pile bore the burden of austerity. [...] weakness of labour party could mean Conservative will be in power for a long time. [...] this is big shot of Tory-out vs Tory-in. They wanted Osborne to fail. // tax credits, Google Tax Deal, ESA, PIP/DLA, .... //&! Iain Duncan Smith First interview since his shock resignation - youtu.be/hr5-WbzevyM &! youtu.be/ntKf3HtVNxs - lower gov income (income tax receipts and corp tax) pushed things ahead. No 10 ran DWP ... // Marr Show papers: IDS's resignation and budget shambles (20 Mar 16) - youtu.be/ZkNOxXZW9Kw //&! Budget 2016: Evan Davis grills Sajid Javid on the numbers - BBC Newsnight - youtu.be/L0TBTbfNgCw //&! Iain Duncan Smith Resignation Nothing To Do With EU - youtu.be/MJr2WmVtV1c &! youtu.be/_nAHvGZYkfY &! youtu.be/kvmOPZ0wP3o &! youtu.be/Hu_pnQBITPI
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march 2016 by asterisk2a
Hey Britain – Your Kids Have Just Been Privatised
"Thatcher said the problem with socialism is that you run out of other people money. Henry VIII will tell you the problem with crony capitalism is you eventually run out of other people’s assets to sell." [...] In George Osborne’s mercurial March 2016 budget he showed his own Machiavellian sleight of hand. He is now seen as a politician whose leadership ambitions come before the welfare of the British people. Osborne’s allegiance is to The City not the country. When he and Peter Mandelson holidayed on financier Nat Rothschild’s yacht do you think they talked about free school meals and increasing the economic opportunities of the people in Grimsby? [...] Look at his actions and we see that one of Osborne’s aims is to reinstate the class divisions that began to ebb away with socially progressive policies. This last budget sought to weave a line into the fabric of society between the haves and have-nots. [...] We are at the end of the debt cycle and there’s nowhere else to go. [...] This is not the budget for the next generation of young people. This is the budget for the next generation of rent-seekers, moneymen and crony capitalists.
education  policy  Privatisation  UK  budget2016  Michael  Gove  Nicky  Morgan  George  Osborne  David  Cameron  PISA  Iain  Duncan  Smith  DWP  Gini  coefficient  deprivation  poverty  trap  austerity  Council  income  tax  receipts  secular  stagnation  child  poverty  food  poverty  social  mobility  income  mobility  PR  Positioning  spin  doctor  neoliberal  neoliberalism  trickle-down  economics  dogma  ideology  underinvestment  Richard  Koo  property  bubble  Tony  Blair  constituency  babyboomers  pension  obligation  triple-lock  pension  Generationengerechtigkeit  infrastructure  investment  competitiveness  fairness  rentier  rent-seeking  Ofsted  crony  capitalism  shareholder  capitalism  shareholder  value  profit  maximisation  Wall  Street  profit  maximization 
march 2016 by asterisk2a
The Privatising Industry in Europe
Do you wonder why the 'Troika' persists in its privatisation agenda despite the evidence of its failures and the growing economic and social costs?
The report “The Privatising Industry in Europe”, written by Sol Trumbo Vila and Matthijs Peters for the Transnational Institute, TNI, suggests two possible motives and shows who the ‪#‎BigWinners‬ of those privatisations are. - https://www.tni.org/en/publication/the-privatising-industry-in-europe - The rationale put forward by advocates of privatisation does not stand up to the evidence. Privatisation has failed to provide promised revenue as only profitable firms are being sold and consistently at undervalued prices. Meanwhile the latest research by the IMF and by European universities show that there is no evidence that the privatised firms are more efficient than state-owned firms. [...] Privatisation in Europe has encouraged a growth in corruption,
Privatisation  austerity  Troika  neoliberal  neoliberalism  trickle-down  economics  oligarchy  plutocracy  1%  Super  Rich  shareholder  capitalism  shareholder  value  profit  maximisation  profit  maximization  Wall  Street  Main  Street  budget  deficit  Richard  Koo  exploitation  revolving  door  Career  Politicians  Wolfgang  Schäuble  Angela  Merkel  Yanis  Varoufakis  IMF  World  Bank  economic  history  dogma  ideology  Royal  Mail  white-collar  crime  white-collar  fraud  corruption  bribery  nepotism  Schwarze  Kassen  Schwarzkasse  Chicago  School  free  market  self-regulation 
march 2016 by asterisk2a
How damaged is George Osborne by IDS resignation?
George Osborne: chief tactician and patron, a man whose word makes or wrecks careers.
That was the view of many Tory MPs for a very long time.
Now, many doubt he will ever be their leader, or even the chancellor much longer.
It's not that they think David Cameron is poised to sack him or that he's about to resign, as Labour demand.
They simply believe a swift leadership election is highly likely whatever the result of 23 June's EU referendum. If it does come that soon there will be, one predicts, a "genocide of the Cameroons and Osbornites".
A stubbornly enduring deficit, a tax credit U-turn, and the sheer numbers of MPs who have chosen to back a leave vote at the referendum have seen Osborne's authority leak.
A weekend of melodrama has - in one Tory MP's view - burst the dam.
George  Osborne  budget2016  Iain  Duncan  Smith  Tories  Conservative  Party  nasty  Brexit  austerity  Boris  Johnson  Westminster  Toff  Establishment  Privileged  secular  stagnation  dogma  ideology  aggregate  demand  Richard  Koo  economic  history  budget  deficit 
march 2016 by asterisk2a
Pensions stance creates budgetary mayhem
Disability benefits: they are forecast to increase by £2bn over the next five years. Could do something there. Sickness benefits: they are predicted to rise by about £1bn. Might be able to save some of that. But what's this? It's rising by £15bn over the coming five years. That's the one. Off our Martian goes to see the chancellor. "What are pensions?" she asks. That is the problem the government is struggling with. Its political refusal to touch pensions, or pensioner benefits, has in a stroke protected the single biggest cost in the welfare budget. And the cost that is rising the most. [ AND ADD INTO THE SAME BUCKET THE NHS and PUBLIC HEALTH BUDGET! ] Welcome to your new job, Stephen Crabb.
DWP  Iain  Duncan  Smith  pension  obligation  Tories  Conservative  Party  Party  Funding  constituency  austerity  budget2016  budget2015  babyboomers  PIP  DLA  ESA  general  election  2015  general  election  2020  election  campaign  promises  George  Osborne  David  Cameron  Stephen  Crabb  Generationengerechtigkeit  fairness  aggregate  demand  secular  stagnation  OAP  demographic  bubble  ageing  population  NHS  public  health  health  care  budget  health  care  cost  health  care  spending  sick  population  health  crisis  Universal  Credit  Richard  Koo  Schuldenbremse  dogma  ideology  Fiscal  Pact  European  Union  trickle-down  economics  free  market  neoliberal  neoliberalism  policy  folly  policy  error  welfare  reform  welfare  state  social  safety  net 
march 2016 by asterisk2a
Disability benefits U-turn leaves Cameron with £4.4bn to find
David Cameron has been forced to concede that a £4.4bn black hole created by the U-turn over disability benefits will not be filled by further cuts to welfare as he fought to shore up his credibility following the shock resignation of Iain Duncan Smith. The spending climbdown was announced on Monday by Stephen Crabb, the new work and pensions secretary, an hour after Cameron addressed the political crisis engulfing the Conservative party by offering his support to George Osborne and praise for the work of Duncan Smith. [...] but the Treasury clarified the remarks by stressing that there were no plans to fill the £4.4bn gap caused by dropping PIP reforms with further cuts in welfare spending. &! bbc.in/1S10VIg
budget2016  austerity  PIP  DLA  ESA  DWP  welfare  reform  welfare  state  Iain  Duncan  Smith  social  safety  net  poverty  trap  poverty  child  poverty  George  Osborne  David  Cameron  Stephen  Crabb  PR  positioning  spin  doctor  Tories  Westminster  Brexit  Boris  Johnson  Constituency  Party  Funding  general  election  2020  general  election  2015  Manifesto  fairness  Generationengerechtigkeit  babyboomers  dogma  ideology  trickle-down  economics  Free  Market  aggregate  demand  policy  folly  policy  error  Disabled  vulnerable  NHS  mental  health 
march 2016 by asterisk2a
Work and Pensions Secretary Iain Duncan Smith QUITS Cabinet with vicious swipe at George Osborne over shambolic disability benefit cut U-turn Read more: http://www.dailymail.co.uk/news/article-3499499/Work-Pensions-Secretary-Iain-Duncan-Smith-QUITS-Cabin
[ we are all in this together ] [IDS PIP cuts] 'not defensible' alongside the tax breaks for the wealthy in this week's Budget. [...] He branded slash in benefits for the disabled as being 'indefensible.' IDS hit out at Osborne for lack of awareness and for letting the welfare system be 'salami-sliced' [...] 'I am unable to watch passively whilst certain policies are enacted in order to meet the fiscal self-imposed restraints that I believe are more and more perceived as distinctly political rather than in the national economic interest,' he wrote. The former Tory leader and standard-bearer for the Eurosceptic Right of the party admitted he wanted to cut benefits enjoyed by wealthy pensioners, but these plans were blocked by the Chancellor and the Prime Minister. [...] Mr Duncan Smith believed the Chancellor was too sly and devious in the way he went about balancing the nation’s books. [ Osborne wanted also to increase VAT Solar Panels ]
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march 2016 by asterisk2a
Hinkley: Why do we need the new nuclear power station? - BBC News
[ strike price ] Why is a new nuclear power station at Hinkley Point running years behind schedule and the cause of seemingly endless debate? Here are some answers to the questions surrounding the world's most expensive power project. [ prob w renewables is energy storage systems and capacity! ] [...] However, the UK needs to build more power stations if it is to meet growing demand for electricity and the government wants to ensure consumers foot the bill no matter where the electricity comes from.
Hinkley  Point  C  white  elephant  nuclear  power  nuclear  waste  carbon  tax  renewable  energy  energy  policy  energy  price  competitiveness  industrial  policy  Manufacturing  foreign  direct  investment  energy  storage  energy  security  Tories  Amber  Rudd  David  Cameron  George  Osborne  underinvestment  Smart  Grid  UK  Politics  dogma  ideology  trickle-down  economics  free  market  neoliberalism  neoliberal  subsidies  subsidizing  solar  energy  wind  energy  gas  energy 
march 2016 by asterisk2a
Keiser Report: Sovietization of capitalism (E723) - YouTube
BIS 100% of private debt and finance sector larger than 3.9% of economy bad ... and siphoning off talent from more productive fields of work. And finance favours lending to property and land (low productivity). [...] financial products (derivatives) do not help economy. is just a financial product, fee collection. rentier! rent-seeking behaviour! fees fees fees. (JP Morgan, 89% of profits, see interview) [...] QE reflated asset prices/share prices! // In the second half, Max interviews David Graeber about his new book, The Utopia of Rules: On Technology, Stupidity and the Secret Joys of Bureaucracy.
private  debt  consumer  debt  household  debt  BIS  Wall  Street  recovery  zombie  banks  car  loan  credit  card  debt  student  loan  debt  student  loan  Bubble  student  debt  economic  history  GFC  secular  stagnation  UK  City  of  London  USA  investment  banking  retail  banking  BOE  Fed  macroeconomic  policy  microeconomic  policy  property  speculative  bubbles  speculative  speculation  productivity  output  gap  austerity  George  Osborne  dogma  ideology  constituency  Party  Funding  vested  interest  interest  groups  mortgage  market  Housing  Crisis  Help  to  Buy  Scheme  Help  to  Save  Funding  for  Lending  Scheme  Right  to  Buy  Buy-to-Let  subsidies  subsidizing  derivatives  financial  product  rent-seeking  rentier  QE  ZIRP  NIRP  reflate  reflation  Mark  Carney  fiscal  policy  monetary  policy  Richard  Koo  book  David  Graeber  MervynKing 
march 2016 by asterisk2a
Economics as a pluralist liberal education - Royal Economic Society
Last year we published a report which provided evidence-based analysis of the shortcomings of economics education at the University of Manchester with a foreword by Andy Haldane, Chief Economist at the Bank of England (2014). In it we demonstrated that economics education at the University of Manchester fails to provide graduates with the skills and qualities the University publicly states it will provide. It has never been our argument that Manchester has special problems — on the contrary, our argument is that the problems we have identified are widespread across universities.1 We are now in the process of carrying out a curriculum review of economics education at universities across the UK.2 A key part of the Post-Crash Economic Society’s mission is to go beyond criticism and to put forward well thought out proposals for reform. //&! bit.ly/1QY8dlC - post-crash economics.
economics  economic  history  austerity  monetary  theory  monetary  policy  fiscal  policy  GFC  economists  Chicago  School  free  market  self-regulation  dogma  ideology 
march 2016 by asterisk2a
Iain Duncan Smith: the latest MP to pretend council cuts are not his fault | Public Leaders Network | The Guardian
[ comparing gov budget and council budgets to the liking of a company or household! ] [ Iain Duncan Smith ] My only advice to local council[s] is that if you get the balance right, you should be able to manage this in a way that is not headline news – doing it with better efficiency. It is like any company, [ ... /// ... ] In the case of Enfield, which has had to make savings of £118m since 2010 – 49% in real terms according to a council spokeswoman – Duncan Smith’s proclamations are an affront. [...] Duncan Smith’s ill-informed pontifications, Taylor says, are an exercise in power without responsibility
Richard  Koo  Iain  Duncan  Smith  George  Osborne  David  Cameron  Jeremy  Hunt  nasty  party  Tories  Conservative  dogma  ideology  trickle-down  economics  neoliberalism  neoliberal  Council  Public  Services  Social  Services  Police  NHS  child  protection  safety  net  welfare  state  economic  history  aggregate  demand  austerity  UK  deprivation 
march 2016 by asterisk2a
Expect more teenage pregnancies and STIs as public health cuts kick in | Public Leaders Network | The Guardian
[ cut public health budget (prevention & intervention) by +200m ] Slicing money out of local prevention services is ‘economically nonsensical’, completely undermining the pledge to pump billions into the NHS [...] 77% [of councils] said they expected obesity interventions to be cut [...] total spend on STIs by 2020 could top £6bn. [...] Every £1 spent on contraception saves £11 in healthcare costs. Cuts to sexual health sector are economically nonsensical [ TORIES SET NHS UP TO FAIL! Simon Stevens is being ser-up to fail! ] //&! King's Fund analysis - bit.ly/1DsQcFS //&! bit.ly/1TTUVFP - short-termism. with cuts to prevention, and no new prevention initiatives ie sugar tax and processed food tax and meat tax (burger king and co), health coaches at gp surgeries ... 5 year nhs budget targets will be overrun massively by 2020. Simon Stevens is asked to resign before 2020 election.
public  health  public  health  policy  prevention  intervention  teenage  pregnancy  budget2015  NHS  health  care  budget  health  care  spending  sick  population  health  crisis  tobacco  STI  STD  GP  LGBT  mental  health  Council  Services  Social  Services  child  protection  deprivation  post  code  lottery  health  inequality  ROI  obesity  diabetes  smoking  sedentary  lifestyle  alcohol  abuse  food  abuse  substance  abuse  addiction  Iain  Duncan  Smith  Jeremy  Hunt  George  Osborne  underinvestment  austerity  dogma  ideology  Tories  Conservative  Party  nasty  David  Cameron  Westminster  Whitehall  Toff  Privileged  Establishment  Simon  Stevens  short-termism  general  election  2020  Sugar  Tax  Politics  food  industry  processed  food  food  engineering  Chain  fast  food  Desert  junk  food  food  poverty  CQC  demographic  bubble  ageing  population  diet-related  disease  chronic  diseases  obesity  epidemic  childhood  obesity  cancer  heart  disease  budget2010  Privatisation  policy  folly  policy  error  Big  Sugar 
march 2016 by asterisk2a
Lords rebuff Tory plan to cut ESA for second time | Politics | The Guardian
[ trying to redefine who deserves something for nothing, and disability ] Peers defeat government again over proposed £30-a-week cut to benefits for ill and disabled found ‘unfit to work.’ The House of Lords has defeated the government again over welfare reform and work bill proposals to cut £30 a week from the benefits of ill and disabled people who have been found unfit to work. Peers passed an amendment that calls on ministers to deliver a formal assessment of the likely impact of the cut on the health, finances and work prospects of hundreds of thousands of claimants, who will see their unemployment benefits reduced by £1,500 a year. [...] there is no evidence that the proposed cut would help ESA Wrag recipients get back into employment, while campaigners say the cut will push claimants further into poverty. [...] The government estimates that the cut would save the Treasury £1.4bn over four years. [ vs tax avoidance of ~20bn a year ] &! bit.ly/1T621bN &! bit.ly/1Lx6PyH
DWP  Iain  Duncan  Smith  Toff  ESA  disability  Disabled  vulnerable  mental  health  George  Osborne  Tories  nasty  party  austerity  Conservative  Westminster  Whitehall  No  Representation  poverty  trap  food  poverty  poverty  child  poverty  misrepresentation  spin  doctor  PR  Positioning  bank  bailout  dogma  ideology  tax  evasion  tax  avoidance  trickle-down  economics  neoliberalism  neoliberal  David  Cameron  Gini  coefficient  tax  credit  budget2015  budget2016 
march 2016 by asterisk2a
Britain heading for power cuts next winter, say 60 local authorities | Business | The Guardian
bit.ly/1TOwjhT &! A group representing 60 local authorities has warned that recent closures of large power stations have left Britain heading for power cuts next winter, despite assurances to the contrary from the government. [...] National Grid needed to act immediately to fill the supply gap by sending out new contracts for at least 2,500 megawatts (MW) of additional generating capacity – enough to power 2.5m homes. The alliance wants ministers to reconsider the level of carbon taxes, saying this is one of the key reasons why so many coal-fired power stations are being shut down early. [...] In recent years, coal, nuclear and gas-fired plants have been shut because of low prices, high operating costs or old age. Windfarms have been erected and new nuclear facilities promised but energy companies say gas plants cannot be built without higher subsidies. //&! bit.ly/1MpvhlE - UK doesn not meet 15% of EU renewables target, but cuts subsidies for renewables, duh! &! bit.ly/1sL8Kty
carbon  tax  renewable  energy  Smart  Grid  energy  storage  energy  price  energy  policy  energy  security  UK  competitiveness  austerity  solar  energy  wind  energy  subsidies  subsidizing  corporate  welfare  fossil  fuel  Petroleum  Industry  gas  power  industrial  policy  policy  folly  policy  error  underinvestment  George  Osborne  Amber  Rudd  David  Cameron  Tories  short-termism  Hinkley  Point  C  nuclear  power  nuclear  waste  nasty  party  Generationengerechtigkeit  fairness  babyboomers  dogma  ideology  trickle-down  economics  free  market  neoliberalism  neoliberal  coal  power 
february 2016 by asterisk2a
EU referendum: Boris Johnson calls Cameron's Project Fact 'baloney' | Politics | The Guardian
"stay campaign is project fear" leave campaigners go without facts. [...] Chris Grayling, one of the six cabinet members who favour Brexit, had earlier dismissed a 28-page Cabinet Office report warning of what Cameron called a “decade of uncertainty” if Britain votes to leave, as “completely ludicrous”. Grayling accused his boss of running a “relentless campaign of fear”. Separately, employment minister Priti Patel, another prominent advocate for Brexit, ramped up the criticism of cabinet secretary Sir Jeremy Heywood’s decision to limit the support civil servants can provide to pro-Brexit ministers, describing it as “unconstitutional”. [...] Iain Duncan Smith “I have the highest opinion of the British people; [ //&! If it were a pure economic argument, where are the economists?! but it's about ideology, dogma and demagogy ... populism, propaganda, polarisation, manufactured consent, supported by right-wing media's manufactured consent ] &! bit.ly/1oKclJ1 &! Sturgeon - bbc.in/1TM6YGm
Brexit  campaign  Career  Politicians  David  Cameron  Boris  Johnson  Tories  Conservative  Party  nasty  democracy  UKIP  neoconservatism  neoconservatives  neoliberalism  neoliberal  trickle-down  economics  free  market  self-regulation  City  of  London  George  Osborne  Iain  Duncan  Smith  DWP  Westminster  Whitehall  No  Representation  Toff  Privileged  Establishment  dogma  ideology  demagogy  demagogue  manufactured  consent  far-right  Rechtsextremismus  Rechtsruck  right-wing  Polarisation  populism  propaganda  fearmongering  Fear  Nicola  Sturgeon  SNP  Labour  Party 
february 2016 by asterisk2a
Secondary school places for all 'undeliverable', councils warn - BBC News
[ planning taken out of hands of councils ] [ first the teachers strike (2014), then the doctors strike (2015/2016) - bit.ly/1T3QTfc ] The legal duty of councils in England to ensure that every child has a school place could soon become undeliverable, local authorities have warned. With a population bulge about to hit secondary schools, councils want powers to open new maintained schools and to compel academies to expand. Thousands of children are due to hear on Tuesday which secondary school they will attend from September. However the government says the warning amounts to "scaremongering". The population bulge which has put primary schools under pressure will start hitting secondary schools this year, according to official figures. Last year councils had to provide 2,740,000 secondary school places, but this will rise to 3,287,000 by 2024, the figures predict.
UK  education  policy  austerity  Council  Public  Services  Social  Services  staff  shortage  staff  morale  Generationengerechtigkeit  fairness  classroom  size  mobility  income  mobility  Gini  coefficient  post  code  lottery  deprivation  Perspektivlosigkeit  child  poverty  poverty  trap  attainment  gap  Tories  nasty  party  dogma  ideology  Conservative  Toff  Privileged  Establishment  budget2010  budget2015  Westminster  Whitehall  No  Representation  Career  Politicians  George  Osborne  Nicky  Morgan  Michael  Gove  David  Cameron 
february 2016 by asterisk2a
EU referendum: Leaving EU a stride into the light - Duncan Smith - BBC News
NO FACTS! pure politicking ... dicking around. "hope versus pessimism" // "this country is the greatest on earth" // The campaign to leave the EU represents hope over pessimism, said Iain Duncan Smith, as he dismissed suggestions a UK exit would be a "leap into the dark".
Brexit  UK  Tories  nasty  party  Career  Politicians  Toff  Privileged  Establishment  Whitehall  Westminster  David  Cameron  DWP  spin  doctor  Positioning  PR  campaign  UKIP  Boris  Johnson  No  Representation  austerity  dogma  neoliberalism  neoliberal  trickle-down  economics  ideology  self-regulation 
february 2016 by asterisk2a
Weltwirtschaft: Ökonomen halten Ende des Wachstums für unvermeidlich - SPIEGEL ONLINE
Weltwirtschaft: Ökonomen halten Ende des Wachstums für unvermeidlich [...] Ein Beispiel: Wenn das Bruttosozialprodukt eines Landes 10 Milliarden Euro beträgt und um eine Milliarde Euro wächst, dann entspricht das einer Steigerung von zehn Prozent. Wenn das BIP aber 1000 Milliarden Euro beträgt, dann müsste die Wirtschaft schon um 100 Milliarden Euro wachsen, um ein Wachstum von zehn Prozent zu schaffen. Wächst das BIP wie vorher um eine Milliarde Euro, entspricht das nur noch einer Steigerung von 0,1 Prozent. Die Wirtschaft wäre dann sozusagen ausgewachsen. Die alten Zeiten kehren nicht mehr zurück [...] Sollten die Ökonomen recht haben, hätte das für Staat und Sozialsysteme einschneidende Folgen: Die Planung von Bundeshaushalt oder Rentenkasse geht von einem Wachstum irgendwo zwischen ein und zwei Prozent pro Jahr aus. [...] Die Wirtschaft "unabhängiger vom Wachstum gestalten"
G20  George  Osborne  UK  austerity  Europe  Schuldenbremse  Fiscal  Pact  Germany  Wolfgang  Schäuble  Angela  Merkel  secular  stagnation  Richard  Koo  aggregate  demand  budget  deficit  economic  history  finite  resources  resource  depletion  economic  growth  global  economy  policy  monetary  policy  policy  error  policy  folly  Japan  Abenomics  demographic  bubble  ageing  population  AI  artificial  intelligence  Robotics  self-driving  cars  autonomous  car  structural  unemployment  unemployment  long-term  unemployment  youth  unemployment  productivity  output  gap  squeezed  middle  class  Precariat  working  poor  low  pay  low  income  precarious  work  Zero  Hour  Contract  Contractor  underinvestment  marginal  cost  competitiveness  energy  policy  energy  price  flat  world  borderless  globalization  globalisation  economics  of  abundance  post-capitalism  Larry  Summers  Gini  coefficient  inequality  Super  Rich  1%  plutocracy  oligarchy  democracy  social  democracy  Soziale  Marktwirtschaft  trickle-down  economics  dogma  ideology  free  market  self-regulation  neoliberalism  neoliberal  education  policy  income  inequality  GDP  nominal  GDP  targeting  inflation  targeting  liquidity  trap  credit  bubble  distortion  ZIRP  NIRP  QE  USA 
february 2016 by asterisk2a
George Osborne warns of further spending cuts in Budget - BBC News
[ LOL! ] But recent figures showing the UK economy was smaller than expected meant savings must be found in his Budget statement on 17 March, he said. [...] Mr Osborne said he would rather look for extra cuts now than risk breaking his own manifesto commitment to achieve a surplus in the budget by the end of this Parliament. The chancellor did not completely rule out raising taxes in the event of a further slowdown in growth, but said that now was not the time for "significant" tax hikes. [...] I'm absolutely clear we've got to root our country in the principle that we live within our means and that we have economic security." [...] "whole purpose of our economic plan was to have a budget surplus. [...] we got big challenges at home to make the economy more productive even as more people get work. [ because having part of your budget in the property bubble is so productive ] [...] I will do what is required to keep our country safe and secure." [ NOT CHANGING PLANS ie U-TURN ]
UK  secular  stagnation  austerity  Richard  Koo  Japan  economic  history  dogma  ideology  IMF  OECD  ChristineLagarde  economists  Paul  Krugman  Joseph  Stiglitz  Robert  Reich  David  Cameron  Tories  nasty  party  recovery  aggregate  demand  Conservative  macroeconomic  policy  microeconomic  policy  fiscal  policy  monetary  policy  Mark  Carney  BOE  City  of  London  HMRC  tax  evasion  tax  avoidance  self-employment  corporate  tax  rate  Service  Sector  Jobs  working  poor  multiplier  precarious  work  Precariat  low  pay  low  income  tax  credit  housing  benefit  income-based  JSA  Zero  Hour  Contract  Contractor  wage  stagnation  stagnation  DWP  Iain  Duncan  Smith  skills  gap  STEM  productivity  output  gap  Manufacturing  industrial  policy  neoliberalism  neoliberal  trickle-down  economics  Chicago  School  JohnMaynardKeynes  keynes  Keynesianism  Pact  Schuldenbremse  Wolfgang  Schäuble  Angela  Merkel  European  Union  property  bubble  apprenticeships  value  creation  added  value  underinvestment  productive  investment  infrastructure  investment  competitiveness  marginal  cost  energy  price  energy  policy  Hinkley  Point  C  nuclear  power  nuclear  waste  subsidies  subsidizing  corporate  welfare  lobbyist  lobby  Lobbyin 
february 2016 by asterisk2a
Whatever happened to the obesity strategy? - BBC News
There is speculation now that it may not be published before Easter. The simple reason is the prime minister's overcrowded diary and his current preoccupation with Europe. David Cameron knows the clock is ticking down to the end of his premiership before the next election. He wants to make his mark on domestic policy and he has identified tackling obesity as an important potential part of his legacy. It is seen at Number Ten as a priority second term issue, to rank with the dementia initiative in his first term of office. Much of the groundwork has already been done by the Department of Health and Public Health England. [...] Mr Cameron's anti-red tape and pro-business leanings might steer him away from such an approach and towards a voluntary deal agreed with the supermarkets. But officials and experts will make the case for government intervention.
Tories  nanny  state  obesity  epidemic  obesity  childhood  obesity  David  Cameron  Big  Sugar  Sugar  Tax  NHS  public  health  policy  public  health  sick  population  diet-related  disease  chronic  diseases  health  crisis  health  care  budget  health  care  spending  Conservative  Party  self-regulation  dogma  ideology  free  market  neoliberalism  neoliberal  regulation  regulators  Party  Funding  general  election  2020  constituency  austerity  budget  deficit  Westminster  Whitehall  cancer  diabetes  metabolic  syndrome  overweight  high  blood  pressure  hypertension 
february 2016 by asterisk2a
Thousands told their pension savings could be at risk - BBC News
[ fees ] It follows fears that dozens of companies providing auto enrolment pensions are too small to survive. The BBC has also uncovered evidence that employers and workers are being deliberately misled by some providers. The government said it was aware of the issue, and was planning to take action. Independent experts claim the problem could affect up to a quarter of a million people a year who are putting their savings into so-called master trust pensions. Such schemes are popular with the 1.8 million small employers with fewer than 30 staff who are currently signing up under the auto enrolment programme. "There is a risk of these schemes falling over; there is a risk that members might lose their money," said Andrew Warwick Thompson, executive director for regulatory policy at the Pensions Regulator. However, he said scheme assets invested through asset managers regulated by the Financial Conduct Authority (FCA) would be safe. This will be "the vast majority of cases", he said.
Tories  Privatisation  self-regulation  regulation  speculation  speculative  retirement  401k  pension  scheme  pension  obligation  pension  fund  public  pension  George  Osborne  David  Cameron  DWP  Iain  Duncan  Smith  Toff  Privileged  Establishment  Whitehall  Westminster  No  Representation  Career  Politicians  dogma  ideology  microeconomic  policy  labour  market  Conservative  Party  nasty  secular  stagnation  Generationengerechtigkeit  Wall  Street  profit  maximisation  shareholder  value  Millennials  generationy  generationx  babyboomers  City  of  London  GFC  oversight  Bank  FCA  Greed  regulators  trust  free  market  neoliberalism  neoliberal  policy  error  policy  folly  HMRC 
february 2016 by asterisk2a
Brexit-Befürworter träumen vom Singapur auf Steroiden - SPIEGEL ONLINE
Ohne EU geht es der britischen Wirtschaft besser: Das versprechen Brexit-Befürworter, die mehr Handel und weniger Bürokratie erwarten. Doch ihre Hoffnungen sind mit hohen Risiken behaftet. [...] Am Dienstag warnten die Chefs von rund 200 britischen Unternehmen wie Vodafone Chart zeigen, Jaguar Land Rover und Shell Chart zeigen mit einem offenen Brief in der "Times" vor dem sogenannten Brexit. Bei einer Umfrage der Bertelsmann-Stiftung sprachen sich vier von fünf Unternehmenschefs für einen Verbleib in der EU aus. Andernfalls, so die Brexit-Gegner, drohten Jobverluste und Unternehmensverlagerungen. [...] Handel: Schwellenländer statt EU
City  of  London  neoliberalism  dogma  ideology  neoliberal  neoconservatism  neoconservatives  trickle-down  economics  austerity  corporate  tax  rate  self-regulation  regulation  banking  crisis  bank  bailout  GFC  Brexit  UK  Career  Politicians  trade  agreement  BRIC  emerging  middle  class  emerging  market  Frontier  Markets  TTIP  TPP  AIIB  PR  misrepresentation  Positioning  spin  doctor  regulators 
february 2016 by asterisk2a
Five issues that will shape the Northern Powerhouse - BBC News
[ white elephant! lol & the double standard of Google paying 2% tax vs small businesses full 18%+ and not getting investment, R&D loans ] Will Hull thrive or suffer if transport is radically improved to the eastern fringe of the Powerhouse? There's no way of telling. Some people think investment in skills, education and training would be a more certain way of improving productivity - and business leaders are keen to ensure that these key elements are not forgotten in the rush for steel and tarmac. I asked former CBI director-general John Cridland, who is now head of Transport for the North, if there was any certainty that spending billions on infrastructure would improve productivity. He agreed there was no proof, but urged people to take a leap of faith - like the Victorian engineers.
STEM  skills  gap  practical  skills  apprenticeships  underinvestment  productive  investment  Northern  Powerhouse  UK  George  Osborne  David  Cameron  productivity  output  gap  recovery  carbon  tax  renewable  energy  competitiveness  competitive  industrial  policy  Germany  corporate  tax  rate  tax  evasion  tax  avoidance  conglomerate  multinational  HMRC  budget  deficit  dogma  ideology  austerity  squeezed  middle  class  job  creation  Service  Sector  Jobs  added  value  value  creation  economic  history  property  bubble  distortion  HS2  Hinkley  Point  C  HS3  infrastructure  investment  infrastructure  macroeconomic  policy  macroprudential  policy  zombie  banks  BOE  Funding  for  Lending  Scheme  Mark  Carney 
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
Cash from Swinney slammed as Aberdeenshire Council agrees new budget - Evening Express
The ruling SNP-led administration laid out budget plans to plug a £28m funding shortfall during a debate before the full council. The 2016/17 budget, which was approved 34 members to 23, includes a £3.2m cut in education and an estimated saving of £1.2m on early learning and childcare staffing. [...] The budget outlined slashing the road maintenance funds by £973,000, a reduction of nearly 6%. While £1.4m less will be spent on waste management – including the emptying of waste and recycling bins – than in 2015. A reduction in travel costs, investing in technology and making better use of council properties has been outlined to save £11.5m.
Council  austerity  UK  education  policy  Scotland  Holyrood  Scotland  Bill  Fiscal  Framework  underinvestment  infrastructure  investment  productive  investment  public  transportation  Westminster  George  Osborne  David  Cameron  Tories  dogma  ideology  nasty  party  child  care  Conservative  Gini  coefficient  social  mobility  Generationengerechtigkeit  bank  bailout  fairness  income  mobility 
february 2016 by asterisk2a
What Really Caused the Crisis and What to Do About It - YouTube
"There are not perfect markets, and there is no perfect planner. [...] we will never arrive at perfect solutions. [...] market will never allocate perfectly ... [...] market will always tend to lend to property and land, and less into productive means (businesses = risk of 100 loss, land or property ... you have a loss when you sell it. << China, UK ) [...] not all credit is good credit. [...] need for macroprudential policy to dampen bubbles bc rate hikes could dampen normal non-speculative area of economy. ie loan to value limits [...] interest rate setting is blunt hammer that people though is the magic wand along the line of self-regulation, free market, neoliberalism and trickle-down [...] GFC can be traced back to the 60-70's - macroecon + micro with absurd assumptions (ie rational expectations, equilibriums, no bubbles) & math & pure theoretical base (no empirical analysis ie of what banks really do ie greed) = makes job of economist as policy advisor real easy.
bank  crisis  JohnMaynardKeynes  keynes  Keynesianism  book  Richard  Koo  aggregate  demand  austerity  liquidity  trap  deleveraging  balance  sheet  recession  debtoverhang  GFC  recovery  secular  stagnation  western  world  dogma  ideology  underinvestment  productive  investment  infrastructure  investment  monetary  policy  monetary  theory  trickle-down  economics  neoliberalism  neoliberal  budget  deficit  economic  history  credit  bubble  output  gap  productivity  inflation  targeting  nominal  GDP  targeting  asset  allocation  economics  investment  banking  zombie  banks  retail  banking  financial  product  CDS  CDO  hunt  for  yield  VAR  risk  aversion  deflationary  deflation  ZIRP  NIRP  QE  debt  monetisation  debt  monetization  Glass-Steagall  self-regulation  regulators  regulation  leverage  margin  trading  property  bubble  arbitrage  speculative  bubbles  asset  bubble  UK  USA  Europe  ECB  Fed  BOE  zombie  consumer  squeezed  middle  class  zombie  corporations  NPL  junk  bond  realestate  macroprudential  policy  mortgage  market  equilibrium  disequilibrium  Economist  economists  Adair  Turner  hayek 
february 2016 by asterisk2a
School buildings in 'deplorable' state, head teacher claims - BBC News
A generation of school buildings have leaking roofs, poor windows and cold cramped classrooms, said a head teacher who has accused the Welsh government of not doing enough to address it.
underinvestment  infrastructure  investment  austerity  UK  education  policy  productive  investment  Gini  coefficient  social  mobility  income  mobility  deprivation  child  poverty  poverty  Tories  Conservative  Party  nasty  dogma  ideology  Westminster  Whitehall  No  Representation  bank  bailout  tax  evasion  tax  avoidance  babyboomers  constituency  Toff  Privileged  Establishment  Nicky  Morgan  Michael  Gove  David  Cameron  George  Osborne  inequality  health  inequality  well  being 
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
Help-to-buy loan scheme nets Treasury £213m in paper profit | Money | The Guardian
[ gov is not co-owner of private property! Make away with Nurse Bursaries and other gov support for education. But support the property price! by keeping supply always lower than demand. and use policy to increase demand w subsidies! where to put their savings! & subsidy for builders ] Rising house prices across much of England mean a government scheme to help buyers of newbuild property may have made more than £200m for the Treasury in its first two-and-a-half years. The help-to-buy equity loan scheme gives buyers an interest-free loan for five years in return for a percentage stake in their property. When the home is sold, the buyer returns the same percentage of the sale price, meaning that any fall or rise in house prices affects the return. Analysis by property firm Hometrack and shared with the Guardian suggests that a surge in house prices in some areas means the total value of homes bought through the scheme since its launch in April 2013 has increased by more than £1bn.
property  bubble  UK  speculative  bubbles  Housing  Crisis  affordable  social  Help  to  Buy  Scheme  Right  to  Buy  Buy-to-Let  Help  to  Save  budget  deficit  austerity  constituency  Party  Funding  babyboomers  BOE  macroprudential  policy  mortgage  market  ZIRP  NIRP  QE  hunt  for  yield  distortion  financial  repression  household  debt  consumer  debt  credit  card  debt  Generationengerechtigkeit  generation  rent  fairness  asset  bubble  asset  allocation  NPL  subprime  Payday  Loans  car  loan  student  debt  student  loan  debt  student  loan  Tories  fiscal  policy  monetary  policy  policy  error  policy  folly  Conservative  Party  nasty  short-termism  voter  turnout  disenfranchise  disenfranchised  David  Cameron  George  Osborne  underinvestment  infrastructure  investment  productive  investment  recovery  Richard  Koo  balance  sheet  recession  deleveraging  debtoverhang  zombie  consumer  zombie  banks  zombie  corporations  secular  stagnation  Privatisation  trickle-down  economics  dogma  ideology  GFC  bank  bailout  subsidies  subsidizing  corporate  welfare 
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
Junior doctors' strike: BMA totally irresponsible - Jeremy Hunt - BBC News
[ by redefining Saturday as non weekend day, Gov gets it's 7 day NHS without paying more than needed ] Ministers offered doctors an 11% rise in basic pay last year, but that was offset by curbs to other elements of the pay package, including payments for unsociable hours - they have maintained there is not extra money for junior doctor pay. The government says the changes are needed to create more seven-days services, but the BMA warns safeguards to keep a lid on excessive hours are being weakened and also has concerns about career progression and weekend pay. //&! Jeremy Hunt blames unions for junior doctor concerns - bbc.in/1SFZgxs //&! Last-minute talks are taking place between doctors and government negotiators to avert Wednesday's strike over a contract dispute. - bbc.in/1TaDC45 - [Closed nearly deal; BMA] put forward a proposal that would have seen doctors' basic pay rise by about half the 11% offered by ministers in return for Saturday not to be treated as a normal working day.
Jeremy  Hunt  George  Osborne  David  Cameron  spin  doctor  PR  Positioning  nasty  party  Tories  Conservative  constituency  babyboomers  health  care  budget  health  care  spending  sick  population  health  crisis  diet-related  disease  chronic  diseases  premature  ageing  ageing  population  demographic  bubble  A&E  GP  adult  social  care  elderly  care  Council  austerity  mental  health  IVF  general  election  2015  election  campaign  promises  Manifesto  Career  Politicians  dogma  ideology  CQC  Privatisation  Westminster  Toff  Privileged  Establishment  Junior  Doctors  staff  morale  locum  staff  staff  shortage 
february 2016 by asterisk2a
Nearly 14,000 disabled people have mobility cars taken away - BBC News
Independent Living Allowance ILA/ PIP personal independent payment & disability fund. // biggest cause of disability of 40 and older? stroke. diet and lifestyle attributed. // how much higher pay and lower taxes and less welfare state is paying for mobility scooters or cars that are customised for disabled person to drive? // // Nearly 14,000 disabled people who rely on a specialist motoring allowance have had their cars taken away from them following government welfare changes. [...] The government hopes to save £2bn as a result of the switch from DLA to PIPs. [ during a parliament term ] while tax evasion to the tune of +20bn a year goes on [ and around 70bn in europe (guestimate) ]
DWP  WCA  ESA  Disabled  disability  poverty  loneliness  social  safety  net  welfare  state  Iain  Duncan  Smith  George  Osborne  austerity  David  Cameron  fairness  tax  evasion  tax  avoidance  corporate  welfare  subsidies  subsidizing  heart  disease  stroke  nasty  party  Funding  Tories  Conservative  Westminster  Toff  Privileged  Establishment  No  Representation  constituency  dogma  ideology  trickle-down  economics  neoliberalism  neoliberal  Career  Politicians 
february 2016 by asterisk2a
Revealed: the Tories new plan to squeeze the working poor (From Herald Scotland)
[ great picture of IDS. redistribution from bottom to the top. ] THE TORY government been attacked over plans to extend controversial benefit sanctions to claimants with jobs, with critics warning introducing the "shockingly harsh" penalties risks plunging workers into poverty. A number of pilot schemes are currently being carried out in the UK – including in Inverness – to assess a new scheme which the Department of Work and Pensions (DWP) says is aimed at helping workers on low earnings take on more hours and increase their income. Benefits can be stopped if claimants fail to meet requirements outlined by the DWP – such as missing Jobcentre appointments or failing to show evidence of looking for more work for a certain number of hours a week, on top of their usual job.
sanctions  DWP  Iain  Duncan  Smith  working  poor  part-time  austerity  poverty  child  poverty  food  poverty  Zero  Hour  Contract  Contractor  freelance  self-employment  precarious  work  Precariat  low  income  low  pay  minimum  wage  UK  Gini  coefficient  income  inequality  income  distribution  income  redistribution  fairness  Generationengerechtigkeit  bank  bailout  tax  evasion  tax  avoidance  Tories  nasty  party  Conservative  Funding  progressive  tax  code  corporate  welfare  subsidies  subsidizing  George  Osborne  David  Cameron  dogma  welfare  state  social  safety  net  ideology  neoliberalism  neoliberal  trickle-down  economics  tax  credit  Service  Sector  Jobs 
february 2016 by asterisk2a
Rules relaxed to become a teacher due to staffing crisis (From Herald Scotland)
[ hiring foreigners ] TEACHER shortages have forced their watchdog to relax the rules on joining the profession. Classroom staff who have qualified outside the country will now be allowed to work in a school immediately under a new conditional registration. People who secure a job in this way will be put on probation while they complete any additional studies or training required for full registration, a legal requirement.
education  policy  austerity  NHS  staff  morale  locum  staff  staff  shortage  post  code  lottery  Gini  coefficient  Public  Services  Social  Services  Council  Generationengerechtigkeit  fairness  George  Osborne  David  Cameron  dogma  ideology  Tories  nasty  party  Conservative  budget2010  budget2015  general  election  2015  election  campaign  promises  Manifesto  mobility  income  mobility  food  poverty  poverty  trap  poverty  child  poverty 
february 2016 by asterisk2a
Pando: Sources: Vegas-based Work In Progress co-work space is shutting its doors
Organic is better is more sustainable // Vegas Downtown Project // have a framework (macroprudential policy), but don't pick winners, cities, regions, ... roundabouts. // semiconductor boom bust in scotland, outside glasgow, area - via tax breaks (ie IBM spango vallye)
free  market  Venture  Capital  subsidies  subsidizing  corporate  welfare  Silicon  Valley  Vegas  Downtown  Project  Berlin  Start-Up  Scene  Los  Angeles  Start-Up  Scene  New  York  Start-Up  Scene  Silicon  Alley  economic  history  fossil  fuel  renewable  energy  carbon  tax  carbon  trading  scheme  carbonfootprint  carbonemission  tax  code  fiscal  policy  industrial  policy  job  creation  STEM  Manufacturing  dogma  trickle-down  economics  neoliberalism  neoliberal  Career  Politicians  No  Representation  short-termism  Opportunism  opportunist  microeconomic  policy  macroprudential  policy  macroeconomic  policy  intellectual  property  IP  progressive  tax  code  tax  evasion  tax  avoidance  democracy  social  democracy  fairness 
february 2016 by asterisk2a
Services for LGBT young people will just disappear | Kirstie Brewer | Society | The Guardian
Cuts to council youth budgets are putting vital specialist provision for vulnerable youngsters in jeopardy [...] “Youth provision has always been the Cinderella service and LGBT youth provision is its poor relation,” [...] Overall, youth services directly provided by councils in England have been cut by 36% since 2011 – from £877m to £561m total expenditure, according to figures provided by Kate Green, shadow minister for women and equalities. “Councils are facing impossible decisions about youth services as the government slashes their revenue support grants by over 50%, regardless of the cost to individuals and communities,” //&! Out in the cold: LGBT housing services devastated by austerity cuts. Homelessness among gay, lesbian and transgender people is rising but the few organisations that offer help are struggling to survive - bit.ly/1R6FIyh
minority  austerity  constituency  Council  Public  Services  Social  Services  UK  LGBT  NHS  mental  health  hate  speech  hate  crime  homophobic  Homophobia  transphobia  Transphobic  Tories  nasty  party  Funding  general  election  2015  election  campaign  promises  Manifesto  babyboomers  Career  Politicians  dogma  ideology  trickle-down  economics  neoliberalism  neoliberal  tax  evasion  tax  avoidance  well  being  happiness  Police  David  Cameron  George  Osborne  education  policy  fairness  bank  bailout  GFC  Generationengerechtigkeit  housing  affordable  housing  Crisis  voter  turnout  LGBTQIASP  Transgender  Perspective  Perspektivlosigkeit  deprivation  substance  abuse  chemsex  chem  sex  chem-sex  STI  STD  health  policy  health  stigma  Conservative  Westminster  Toff  Privileged  Establishment  poverty  Gesellschaft  society 
february 2016 by asterisk2a
A day in court showed me the misery of Britain’s housing policy | Polly Toynbee | Opinion | The Guardian
The housing crisis they inherited has worsened as rents rise, but David Cameron and George Osborne’s cuts to social housing are a bizarre response: the housing and planning bill going through parliament marks the end of the social housing era. Not by accident but by deliberate policy, 88,000 council homes to rent will be lost, says the Conservative-controlled Local Government Association. Labour says the total will be 180,000 by 2020. Money is sucked out of social housing into the Treasury, as the 1% rent cut saves on the housing benefit bill by stealing funds due to pay for new social homes. Half of all renters get some housing benefit, with the continuous rise in rents. Cutting that support simply propels more into homelessness.
poverty  trap  poverty  social  housing  affordable  housing  Crisis  UK  DWP  Universal  Credit  Council  Starter  Homes  David  Cameron  precarious  work  Precariat  working  poor  Zero  Hour  Contract  Contractor  part-time  nasty  party  trickle-down  economics  neoliberalism  neoliberal  Privatisation  post  code  lottery  Gini  coefficient  income  mobility  social  mobility  inequality  Generationengerechtigkeit  fairness  generation  rent  George  Osborne  budget  deficit  tax  evasion  tax  avoidance  corporate  welfare  subsidies  subsidizing  corporate  tax  rate  general  election  2015  election  campaign  promises  Manifesto  austerity  policy  folly  policy  error  dogma  ideology  constituency  fearmongering  Fear  manufactured  consent  PR  spin  doctor  Positioning  Tories  Conservative  tax  Westminster  Toff  Privileged  Establishment  child  poverty  education  policy  job  security  insecurity  uncertainty  well  being  mental  health  Depression  health  inequality  food  poverty  budget2015 
february 2016 by asterisk2a
Long hours, endless admin and angry parents – why schools just can’t get the teachers | Education | The Guardian
British schools are reporting a classroom crisis, with thousands of disaffected teachers leaving the profession, and new graduates discouraged from training because of the daily stress and grind. And with the number of state school pupils set to rise by a million by 2022, the problem is only getting worse [...] If somebody had said, ‘You can have 60 grand a year to stay,’ I would still have said no // Education secretary Nicky Morgan. // [...] Some of the factors behind stories like these are traceable to the New Labour years, but many are rooted in Michael Gove’s hyperactive four-year reign as education secretary. They go from never-ending paperwork, to a constantly changing regime of exams and assessments. Meanwhile, the prospect of a visit from Ofsted and the possibility of a bad inspection are a constant source of stress – not least because a “requires improvement” or the dread “inadequate” rating will mean even more upheaval. [ top down non-professional insight/exp burokratie ]
education  policy  UK  austerity  post  code  lottery  Generationengerechtigkeit  fairness  Tories  Conservative  Party  nasty  No  Representation  Westminster  Toff  Establishment  Privileged  policy  folly  policy  error  dogma  ideology  short-termism  NHS  staff  morale  Gini  coefficient  social  mobility  income  mobility  inequality  Sozialpolitik  Integrationspolitik  tax  evasion  tax  avoidance  Party  Funding  constituency  general  election  2015  election  campaign  promises  Manifesto  general  election  2010  budget  deficit  George  Osborne  David  Cameron  poverty  poverty  trap  child  poverty  burokratie 
february 2016 by asterisk2a
Simple Weed Question Destroys Drug Czar's Chief Deputy - YouTube
Michael Botticelli, the drug czar's chief deputy // US Rep. at Pot Hearing: 'People Don't Smoke Marijuana and Beat Up Their Wives' - youtu.be/wOU_3wsc35s - 'nobody dies from marijuana. [...] meth and heroin are the drugs that ravage our country. [...] your focus on marijuana is a failure of war on drugs, its a crime to incarcerate people possessing marijuana. [...] the drug war is a serious failure.' //&! US Rep. To Deputy Director of Drug Policy: You're 'Part of the Problem' - youtu.be/qj-n082LsI4 //&! Congressman Destroys War on Marijuana in Four Minutes - youtu.be/texEvnmciy4 //&! Bill Clinton: Let States Legalize Marijuana - youtu.be/feIHOAR1IP8 //&! Obama On Legalizing Marijuana - youtu.be/88oGtAyUioM //&! Colorado Is Literally Too Rich Because Of Weed - youtu.be/6awP8S9NzqM - +50m tax rev in first year
War  on  Drugs  Legalisation  decriminalisation  decriminalization  tobacco  Alcohol  abuse  alcoholism  cannabis  Marijuana  Medical  Marijuana  USA  dogma  ideology  substance  abuse  public  sentiment  addiction  Career  Politicians  No  Representation  public  health  policy  public  health  mandatory  minimum  sentences  incarceration  rate  prison–industrial  complex  post-racial  America  racial  profiling  Beschaffungskriminalität  self-medication  coping  mechanism  drug  abuse 
january 2016 by asterisk2a
Fred Block: The Tenacity of the Free Market Ideology - YouTube
Fred Block discusses his book “The Power of Market Fundamentalism,” which extends the work of the great political economist Karl Polanyi to explain why free market dogma recovered from disrepute after the Great Depression and World War II to become the dominant economic ideology of our time. // wo state role there would be no market system. // need social democracy in complex diverse society - representing people // freedom in complex diverse society = free of hunger and economic uncertain & freedom of nonconformity - protections, no marginalisation, no economic punishment // social democracy and free market are both Utopias // Thatcher & Co blaming State for malaise! nobody likes technocratic arguments, leaves public out, thus was able to make big return. // wealth creation through efficiency route takes more work and capital than predation (rentier/rent seeking) - ie relaxing fuel efficiency savings regulation for Detroit back in the days // trust that state can support innovation
economic  history  freemarkets  free  market  neoliberalism  self-regulation  neoliberal  book  macroprudential  policy  macroeconomic  policy  microeconomic  policy  Chicago  School  USA  UK  social  democracy  capitalism  dogma  ideology  austerity  trickle-down  economics  globalization  globalisation  borderless  flat  world  Greed  boom  and  bust  crony  capitalism  plutocracy  oligarchy  Super  Rich  1%  democracy  revolving  door  Career  Politicians  No  Representation  social  mobility  American  Dream  meritocracy  meritocratic  Alain  de  Botton  philanthropy  profit  maximisation  shareholder  value  Wall  Street  Gini  coefficient  income  mobility  education  policy  welfare  state  social  safety  net  Supply  and  Demand  market  economy  Demand  and  Supply  JohnMaynardKeynes  keynes  Keynesianism  GFC  Great  Moderation  Great  Depression  Utopia  Ronald  Reagan  Margaret  Thatcher  rentier  rent-seeking  predation  financial  product  wealth  creation  R&D  STEM  productive  investment  productivity  output  gap  public  investment  underinvestment  infrastructure  investment  competitive  competitiveness  M&A 
january 2016 by asterisk2a
James Galbraith, Kate Pickett, Branko Milanovic - Consequences of Inequality and Wealth Distribution - YouTube
free education / land value tax / higher inheritance tax / abolition of private education / more progressive taxation / combat tax avoidance and tax evasion / ... Universal Basic Income //&! New Theoretical Perspectives on the Distribution of Income and Wealth Among Individuals - youtu.be/RO8KWTb2iPM - w Joseph Stiglitz and Paul Krugman --- distinguishing between wealth and capital. ignore land (free yourself from Ricardo). land. credit. //&! David Cay Johnston: The Perils Of Our Growing Inequality - David Cay Johnston about his new book, Divided: The Perils of Our Growing Inequality. - youtu.be/ok7ZJ8mS19Y
inequality  income  inequality  Gini  coefficient  education  policy  income  distribution  income  redistribution  tax  free  income  income  mobility  social  mobility  health  inequality  gender  inequality  trickle-down  economics  neoliberalism  neoliberal  welfare  state  social  safety  net  progressive  tax  code  Super  Rich  1%  oligarchy  plutocracy  social  democracy  No  Representation  Career  Politicians  democracy  tax  evasion  tax  avoidance  Universal  Basic  inheritance  tax  financial  literacy  wealth  distribution  wealth-distribution  transferring-wealth  Thomas  Piketty  Joseph  Stiglitz  Robert  Reich  squeezed  middle  class  globalization  globalisation  Paul  Krugman  Elizabeth  Warren  austerity  fairness  Generationengerechtigkeit  fiscal  policy  economic  growth  Supply  and  Demand  Demand  and  Supply  disposable  income  discretionary  spending  credit  bubble  GFC  recovery  monetary  policy  debt  servitude  consumer  debt  household  debt  Student  Loan  debt  debt  credit  card  debt  credit  card  economic  history  macroeconomic  policy  microeconomic  policy  competitiveness  productivity  knowledge  worker  book  monopoly  oligopoly  oligopol  American  Dream  meritocracy  meritocratic  post-racial  America  free  market  freemarkets  dogma  ideology 
january 2016 by asterisk2a
Stigma of mental illness | Alastair Campbell - YouTube
you can never anticipate when change, social change comes. legislation is usually a response to change. mental health is last big taboo. // >> "Control the Message." << you can not control where the message goes. you can only control what you say and what you do << budget deficit. need to get into surplus. to pay down debt. but not telling not the disabled increased the budget deficit so massively, but the bankers bailout and the pensioners. and the corporate welfare. never was the cause adressed. what is easier? cut minority? or tax your party funders? the city and non-doms and super rich? mega properties? // what is easier to cut? cancer service, child protection service, mental health service?
mental  health  mental  illness  stigma  public  sentiment  public  awareness  public  health  policy  public  health  public  image  racism  prejudice  snap  judgement  public  perception  public  opinion  democracy  public  debate  Makers  gay  rights  gay  marriage  discrimination  transphobia  Transphobic  homophobic  Homophobia  Islamophobia  Ausländerfeindlichkeit  Xenophobia  changing  attitudes  Social  Media  PR  spin  doctor  manufactured  consent  propaganda  Polarisation  populism  Positioning  George  Osborne  David  Cameron  refugee  crisis  HR  human  resources  austerity  Tories  nasty  party  Conservative  dogma  ideology  bank  bailout  Funding  Career  Politicians  No  Representation  constituency  non-dom  Super  Rich  1%  corporate  tax  rate 
january 2016 by asterisk2a
Why is the pound falling so sharply? - BBC News
Weak economic data is casting doubt on the future performance of the UK economy, with inflation persistently well below the Bank of England's 2% target and earnings growth slowing down from a six-year high. Earlier this month, figures for November showed that UK industrial output had suffered its sharpest decline since 2013. Looking further ahead, investors are worried about the outcome of a referendum on the UK's continued membership of the EU. As Andy Scott of foreign exchange services firm HiFX put it: "Concerns over the UK economy and the risk of a Brexit look likely to continue to haunt sterling." Traders are also generally more risk-averse in the light of the global turmoil caused by Chinese market problems and falling oil prices, which makes them reluctant to buck sterling's downward trend.
UK  BOE  Taper  ZIRP  NIRP  QE  liquidity  trap  debtoverhang  consumer  debt  household  debt  credit  card  debt  mortgage  market  industrial  policy  austerity  monetary  policy  fiscal  policy  Richard  Koo  zombie  consumer  zombie  banks  zombie  corporations  monetary  transmission  mechanism  monetary  theory  unconventional  monetary  policy  Mark  Carney  MPC  energy  policy  energy  price  competitive  competitiveness  STEM  underinvestment  tax  evasion  tax  avoidance  corporate  welfare  corporate  tax  rate  subsidies  subsidizing  secular  stagnation  immigration  migration  job  creation  low  income  Service  Sector  Jobs  recovery  GFC  bank  bailout  budget  deficit  London  Scottish  Independence  Scottish  referendum  Devolution  Brexit  uncertainty  unknown  unkown  global  economy  credit  bubble  debt  servitude  Super  Cycle  student  loan  debt  student  debt  baddebt  NPL  private  debt  economic  history  Niall  Ferguson  democracy  Super  Rich  1%  oligarchy  plutocracy  Gini  coefficient  inequality  social  mobility  income  mobility  Precariat  Zero  Hour  Contract  precarious  work  Contractor  low  pay  minimum  wage  George  Osborne  Tories  dogma  ideology  Conservative  Party  neoliberal 
january 2016 by asterisk2a
Carney: No need for interest rate rises now - BBC News
Carney said that collapsing oil prices and an "unforgiving" global environment meant that tighter monetary policy was not yet necessary. [...] He pointed out that the Fed's rate rise had only brought the US interest rate to the same "lofty level" as the Bank of England's. The Governor said that three factors would be the strongest guide to when interest rates might rise. First, that economic growth in the UK would be higher than the average trend. He said that growth at an average quarterly rate of 0.5% in 2015 had "disappointed". Second, that wage growth strengthens and productivity improves. And, third, that core inflation starts to approach the target rate of 2%. //&! Rate rise pause till early 2017? - bbc.in/1T1Qrge - [ global risks are building, global imbalances, faultlines. ] There's a frying pan - the global growth slowdown - and a fire - high levels of indebtedness - out there. &! bbc.in/1S5N7ks
Fed  BOE  2016  Taper  UK  USA  monetary  policy  Mark  Carney  Fed  mandate  productivity  output  gap  inflation  expectation  inflation  targeting  nominal  GDP  targeting  deflationary  deflation  Oil  price  commodity  prices  wage  inflation  GDP  secular  stagnation  economic  history  austerity  fiscal  policy  property  bubble  consumer  debt  household  debt  credit  card  debt  mortgage  market  ZIRP  NIRP  QE  private  debt  corporate  debt  Europe  ECB  China  credit  bubble  2015  global  economy  BRIC  OPEC  aggregate  demand  Richard  Koo  overcapacity  Supply  and  and  Supply  liquidity  trap  monetary  transmission  mechanism  monetary  stimulus  monetary  theory  unconventional  monetary  policy  debt  monetisation  debt  monetization  zombie  consumer  zombie  corporations  zombie  banks  debtoverhang  balance  sheet  recession  deleveraging  margin  trading  speculative  bubbles  equity  bubble  Super  Cycle  debt  servitude  leverage  George  Osborne  dogma  ideology  neoliberalism  neoliberal  faultlines  global  imbalances  distortion  emerging  middle  class  emerging  market  Frontier  Markets  sovereign  debt  crisis  unintended  consequences  unknown  unkown  QT  financial  repression  New  Normal 
january 2016 by asterisk2a
Meet the Renegades Steve Keen - YouTube
[ chicago school of economics ] 17:25 - private debt // demand will never be again so starong as before GFC. growth of debt/credit is normal. but without growth and high debt is cancer. + current account deficit/trade deficit = means things for UK can not go in indefinitely. austerity will run its course, will not make things better. next is property bubble! and NPL as normalisation to 2% nears // China margin trading & leverage via credit bubble. property bubble. // 24:20 - there is still room to grow household/private debt. Tories treat gov budget like a household rather than a bank! UK will stumble along at lower rate than America. Will not get better! Just rearranging deck chairs of a painfully slowly sinking ship.
secular  stagnation  private  debt  household  debt  consumer  debt  credit  card  debt  UK  USA  Japan  economic  history  car  loan  GFC  credit  bubble  debt  servitude  consumer  confidence  junk  bond  NPL  ZIRP  NIRP  QE  monetary  policy  fiscal  policy  Richard  Koo  student  debt  student  loan  debt  debtoverhang  deleveraging  balance  sheet  recession  mortgage  market  trade  deficit  current  account  deficit  austerity  dogma  neoclassical  economics  book  ideology  margin  trading  leverage  western  world  Hegemony  China  Super  Cycle 
january 2016 by asterisk2a
Why are we looking on helplessly as markets crash all over the world? | Will Hutton | Opinion | The Guardian
[ so much debt in the system, a rise in interest can not be served as is ] The imminent collapse of the Chinese Ponzi-scheme economy shows that we need to bring control to the international economy. [...] There has always been a tension at the heart of capitalism. Although it is the best wealth-creating mechanism we’ve made, it can’t be left to its own devices. Its self-regulating properties, contrary to the efforts of generations of economists trying to prove otherwise, are weak. [...] Profits as a share of national income in Britain and the US touch all-time highs; wages touch an all-time low as the power of organised labour diminishes and the gig economy of short-term contracts takes hold. The excesses of the rich, digging underground basements to house swimming pools, cinemas and lavish gyms, sit alongside the travails of the new middle-class poor. These are no longer able to secure themselves decent pensions and their gig-economy children defer starting families ...
China  credit  bubble  speculative  bubbles  equity  bubble  BRIC  2015  2016  self-regulation  capitalism  crony  capitalism  Wall  Street  shareholder  value  profit  maximisation  Gig  Economy  Zero  Hour  Contract  squeezed  middle  class  secular  stagnation  western  world  aggregate  demand  consumer  debt  debtoverhang  Richard  Koo  economic  history  balance  sheet  recession  household  debt  credit  card  debt  car  loan  mortgage  market  working  poor  poverty  trap  Gini  coefficient  social  mobility  income  mobility  inequality  plutocracy  oligarchy  Super  Rich  1%  ZIRP  NIRP  QE  distortion  George  Osborne  dogma  ideology  David  Cameron  neoliberalism  neoliberal  globalisation  globalization  exploitation  borderless  flat  world  USA  UK  austerity  fiscal  policy  monetary  policy  liquidity  trap  debt  servitude  wage  stagnation  shared  economic  interest  NPL  shadow  banking  shadow  Career  Politicians  No  Representation  democracy  social  democracy  Generationengerechtigkeit 
january 2016 by asterisk2a
Sean Bean’s battle cry: ‘I despair at the state of further education’ | Education | The Guardian
fight to save colleges from threat of funding cuts //&! The Tories’ assault on further education will cost Britain dearly. Colleges have been battered by cuts already – another round could destroy them. It is time we made David Cameron talk about it - http://bit.ly/1QeZ46n
education  policy  social  mobility  income  mobility  social  safety  net  welfare  state  austerity  post  code  lottery  inequality  UK  George  Osborne  Generationengerechtigkeit  Tories  nasty  party  Conservative  David  Cameron  constituency  babyboomers  budget2015  short-termism  budget  deficit  dogma  ideology  Career  Politicians  No  Representation  social  democracy  democracy  fairness  generation  rent  student  loan  debt  student  loan  Bubble  discretionary  spending  disposable  income  student  debt  debt  servitude  consumer  debt  credit  card  debt  household  debt 
january 2016 by asterisk2a
What are 'New York values'? - BBC News
Texas Senator Ted Cruz clearly believes he is on to something in citing Donald Trump's "New York values" as a potential disqualifier for the Republican presidential nomination. In rebuttal to Trump's claims that Cruz is dangerously Canadian - he was born in Calgary, but his mother is from Delaware, which makes him constitutionally eligible to be president - the Texan has hit back with something potentially as damaging - that Trump is a New Yorker. This attack line not only equates Gotham with Sodom and Gomorrah. More wounding is the insinuation that the Manhattan billionaire is not a true conservative.
donaldtrump  Donald  Trump  Ted  Cruz  presidential  election  2016  No  Representation  Super  Rich  1%  Career  Politicians  democracy  plutocracy  neoliberalism  neoliberal  dogma  ideology  oligarchy 
january 2016 by asterisk2a
"Markets Crash When They're Oversold" | Zero Hedge
Technology Destroying Jobs + While the big driver of the decline in economic growth since the 1980’s has been a structural change from a manufacturing based economy (high multiplier effect) to a service based one (low multiplier effect), it has been exacerbated by the increase in household debt to offset the reduction in wage growth to maintain the standard of living. This is shown clearly in the chart below. [...] In fact, each job created in energy-related areas has had a “ripple effect” of creating 2.8 jobs elsewhere in the economy from piping to coatings, trucking and transportation, restaurants and retail. Simply put, lower oil and gasoline prices may have a bigger detraction on the economy than the “savings” provided to consumers.
Oil  price  shale  gas  fracking  job  creation  USA  2016  Service  Sector  Jobs  Manufacturing  globalization  globalisation  neoliberalism  neoliberal  borderless  flat  world  economic  history  UK  low  income  wage  stagnation  wage  growth  income  growth  disposable  income  discretionary  spending  consumer  debt  squeezed  middle  class  household  debt  property  bubble  working  poor  precarious  work  Precariat  job  security  job  market  jobcreation  job-creation  recovery  GFC  dogma  ideology  austerity  tax  evasion  tax  avoidance  corporate  welfare  subsidies  subsidizing  lobbyist  lobby  Lobbying  trade  agreement  TPP  TTIP  NAFTA  CETA  European  Union  sovereign  debt  crisis  credit  bubble  China  BRIC  structural  imbalance  global  imbalances  faultlines  2015  presidency  barackobama  ZIRP  NIRP  QE  George  Osborne  private  debt  debtoverhang  debt  servitude  student  loan  debt  student  loan  student  debt  credit  card  debt  car  loan  liquidity  trap  Richard  Koo  balance  sheet  recession  deleveraging 
january 2016 by asterisk2a
Committee warns of decline in Scottish employment standards - BBC News
[ always announcing new jobs created #, but not the wage ] Members said there had been a "decline in job quality" in recent years, with an increase in low-paid zero-hours contract jobs since the 2008 recession. Their report said public money could be better used to support workers. The committee heard evidence from scores of organisations and took submissions from more than 600 people. Convener Murdo Fraser said the evidence from firms and workers suggested there had been a decline in job quality and an increase in low-paid jobs on "exploitative" zero-hours contracts in recent years. He said: "Whilst employment statistics point to an increase to those in work, if we look beyond the figures, we have uncovered a worrying trend in poor quality employment. [...] "We heard during our inquiry that poor quality work has a significant impact on people's health and wellbeing.
job  creation  Zero  Hour  Contract  Service  Sector  Jobs  recovery  GFC  precarious  work  Precariat  low  income  minimum  wage  working  poor  tax  credit  squeezed  middle  class  UK  USA  part-time  poverty  trap  Gini  coefficient  social  mobility  income  mobility  poverty  child  poverty  working  tax  credit  child  tax  credit  education  policy  skills  gap  job  market  job  security  output  gap  productivity  living  wage  Tories  Conservative  Party  nasty  Positioning  PR  spin  doctor  wage  growth  wage  stagnation  income  growth  consumer  debt  household  debt  credit  card  debt  credit  card  car  loan  austerity  consumer  confidence  business  confidence  subsidies  subsidizing  corporate  welfare  well  being  happiness  happiness  index  mental  health  microeconomic  policy  macroeconomic  policy  corporate  tax  rate  tax  evasion  tax  avoidance  Wall  Street  profit  maximisation  shareholder  value  neoliberalism  neoliberal  dogma  ideology  corporate  scandal  CSR  corporate  social  responsibility  philanthropy  underinvestment  STEM  public  investment  business  investment  Foreign  Direct  investment  productive  investment  infrastructure  investment  fiscal  policy  ZIRP  NIRP  QE  distortion 
january 2016 by asterisk2a
Bake Off star Tamal Ray on junior doctors' strike - BBC News
[ misrepresentation of some paper (weekend deaths)! ] Speaking on the BBC's This Week, he says the government is "playing on public fears of under-staffing" at weekends, saying the NHS already offers world-class class surgery, seven days a week. “If you have a medical emergency, you will always be seen,” he says.
NHS  Jeremy  Hunt  austerity  Junior  Doctor  Contract  general  election  2015  election  campaign  promises  Positioning  PR  spin  constituency  babyboomers  demographic  bubble  OAP  sick  population  health  crisis  Privatisation  CQC  ideology  dogma  chronic  diseases  diet-related  disease  GP  A&E  prevention  intervention  Tories  Conservative  Party  nasty  democracy  social  democracy  public  sentiment  Con  Artist  George  Osborne  NHS  Bursary  misrepresentation  No  Representation  Career  Politicians  Opportunism  opportunist 
january 2016 by asterisk2a
Edinburgh council 'optimistic' of no compulsory redundancies - BBC News
Edinburgh council leaders are "cautiously optimistic" they can shed 2,000 jobs in 12 months without the need for compulsory redundancies. The city's Labour/SNP coalition has identified £85m worth of savings to balance next year's budget. The proposals, which include selling off property as well as job cuts, will go before councillors next week. [...] The council admitted the cuts would damage services but insisted its priority was to protect the most vulnerable. [...] "We need to take action in order to achieve the necessary savings to meet this demand, and we are making every effort to do this in a way that will safeguard frontline services for the people of Edinburgh. "We want to invest in the services that are important to the public but must also look to rationalise our spending where appropriate."
Council  austerity  UK  Public  Services  Social  Services  adult  care  elderly  care  Disabled  disability  vulnerable  NHS  Community  Service  short-termism  George  Osborne  David  Cameron  Tories  nasty  party  Conservative  Westminster  Toff  Privileged  Establishment  dogma  ideology  budget2015  budget2010 
january 2016 by asterisk2a
The Guardian view on fair play in politics: a Conservative coup | Editorial | Opinion | The Guardian
From trade union reform to parliamentary process, the Tories show a pattern of contempt for the protocols of democracy [...] Thanks to a crafty, albeit constitutionally permitted, parliamentary manoeuvre, a cut that will affect hundreds of thousands of disadvantaged young people went through without proper debate or vote on the floor of the Commons. David Cameron commands a slender majority, but it is enough to pass most of his legislative programme in a more transparent fashion. Only the most controversial elements risk obstruction, either through rebellion on the Tory benches in the lower house or rejection in the upper one. [...] That episode, like the vote on student grants, is consistent with a pattern displayed by this government of impatience with democratic norms, verging on contempt. One habit is bundling measures of primary importance up in secondary legislation. [...] lay the foundations for a long-term Conservative monopoly on government.
Tories  nasty  party  democracy  Career  Politicians  No  Representation  Toff  Privileged  Establishment  Funding  Westminster  Conservative  Labour  David  Cameron  George  Osborne  neoliberalism  neoliberal  dogma  ideology  House  of  Lords  NHS  Bursary  tax  credit  Snoopers  Charter  Evel  Trade  Union  Workers  Union  social  democracy  Opportunism  opportunist  political  economy  political  theory  PR  spin  doctor  Positioning  public  sentiment  Con  Artist  manufactured  consent  Polarisation  propaganda  populism  constituency  babyboomers  abuse  of  power  accountability  oversight  Separation  of  powers 
january 2016 by asterisk2a
Why should Rachel Watt have to sleep in her wheelchair? | Frances Ryan | Opinion | The Guardian
This is the hidden face of Britain’s social care crisis: disabled people left without help in their own homes. Read most coverage of the cuts to social care and it is easy to believe the crisis solely affects older people. According to research by Scope, 83% of disabled people in this country are now living without sufficient hours in their care package. That means being unable to get out of the house or waiting 14 hours to go to the toilet. This is what happens when austerity strips £4.6bn from social care spending in five years. As the government squeezes local authorities, social care has been left with a “funding gap” – a gaping wound, shall we say – that is growing by £700m a year. The King’s Fund thinktank has told the Guardian that the financial prospects for Britain’s social care system in 2016 “could not be worse”. [...] The biggest trick the government can play is the myth that any of this is inevitable. [...] It is the political choice[.]
Disabled  disability  austerity  Council  adult  social  care  elderly  care  NHS  health  care  health  care  budget  health  care  spending  vulnerable  Tories  Conservative  Party  nasty  Toff  ideology  DWP  Iain  Duncan  Smith  Jeremy  Hunt  dogma  Establishment  Privileged  Westminster  No  Representation  Career  Politicians  George  Osborne  David  Cameron  constituency  minority  budget2010  general  election  2015  general  election  2010  election  campaign  promises  babyboomers  premature  ageing  ageing  population  OAP  chronic  diseases  diet-related  disease  demographic  bubble  fairness  Generationengerechtigkeit  bank  bailout  tax  evasion  tax  avoidance  corporate  welfare  welfare  state  social  safety  net  recovery  GFC  subsidies  subsidizing  poverty  human  decency  subhuman  dehumanisation  human  being  human  tragedy  Super  Rich  1%  plutocracy  oligarchy  Party  Funding  food  poverty  neoliberalism  neoliberal  Rechtsruck  immigration  migration  squeezed  middle  class  working  poor  Precariat  low  income  far-right  UKIP  Positioning  PR  spin  doctor  populism  propaganda  Polarisation  manufactured  consent 
january 2016 by asterisk2a
Brexit: the golden opportunity that could become Sturgeon’s nightmare | Colin Kidd | Opinion | The Guardian
Paradoxically, Scotland has seemed on the brink of independence ever since losing the referendum. The prime minister’s ungracious, Ukip-appeasing speech on the morning after the vote proved a massive turnoff, especially for conscience-stricken no-voting doubters, to whom it sounded like undiluted English nationalism. Cameron’s own goal contributed to a phenomenal surge of support for the SNP, which since the 2015 general election holds 56 of Scotland’s 59 seats at Westminster. Given a majority on that scale, independence would appear to be there for the taking.
Brexit  Scottish  Independence  Scottish  referendum  SNP  Nationalism  Toff  UKIP  Establishment  Privileged  Westminster  nasty  party  Career  Politicians  constituency  Tories  Conservative  David  Cameron  George  Osborne  No  Representation  democracy  general  election  2015  election  campaign  promises  babyboomers  immigration  migration  Opportunism  opportunist  recovery  GFC  austerity  fairness  Generationengerechtigkeit  ideology  dogma  bank  bailout  welfare  state  social  safety  net 
january 2016 by asterisk2a
The end of life tenancies for council houses will be a costly mistake | Deborah Orr | Opinion | The Guardian
The Conservatives believe fear is a great motivator. You’ll work harder if you fear losing your job. (Although job insecurity doesn’t seem to have done much to improve UK productivity.) You’ll get a job if you fear losing your benefits. (Or maybe kill yourself.) And so on. [...] Many people have given up on the idea of equal security, but see equal insecurity as an achievable goal. This kind of perverse, negative “socialism” is something that the Tories are good at exploiting. [...] This current generation of young adults, on the whole, can neither buy a home nor get council tenancies. Private landlords rule the roost once more. //&! bit.ly/1Y4LLVO
DWP  Tories  Housing  Crisis  social  affordable  nasty  party  Toff  Privileged  trickle-down  economics  neoliberalism  neoliberal  Establishment  budget2015  Privatisation  Right  to  Buy  Buy-to-Let  Help  to  Buy  Scheme  inequality  Gini  coefficient  property  rights  UK  democracy  dogma  ideology  social  democracy  George  Osborne  Manifesto  austerity  general  election  2015  constituency  babyboomers  Generationengerechtigkeit  generation  rent  election  campaign  promises 
december 2015 by asterisk2a
The roof is being fixed but beware the house crashing beneath it | Business | The Guardian
Consumer spending is driving economic growth but household debt and the house price-income ratio is at a record high. Be afraid [...] It is worth recalling that when Osborne became chancellor five and a half years ago that he had two big objectives. The first was to repair the hole in the public finances, which is still very much a work in progress. The other was to shift the centre of gravity of the economy back towards making things for export. This remains a pipedream. [...] Despite the welcome pickup in business investment, the main driver of growth has been consumer spending, which has been boosted by low interest rates, the fall in inflation caused by lower oil prices, and a modest acceleration in earnings. [...] “not the ideal shape for the recovery” and it can say that again. The current recovery looks like all the previous recoveries. [...] “Fast-rising household debt is needed to maintain a reasonable rate of growth in consumers’ spending and GDP in a world of austerity ...
household  debt  consumer  debt  zombie  consumer  recovery  credit  card  debt  credit  card  materialism  status  anxiety  USA  UK  Super  Cycle  debtoverhang  mortgage  market  Housing  Crisis  debt  servitude  NPL  property  bubble  speculative  bubbles  ZIRP  NIRP  QE  BOE  Buy-to-Let  Help  to  Buy  Scheme  Right  to  Buy  student  loan  debt  debt  bubble  student  debt  private  debt  economic  growth  GFC  fiscal  policy  austerity  industrial  policy  underinvestment  productive  investment  competitive  competitiveness  George  Osborne  dogma  ideology  neoliberalism  neoliberal  David  Cameron  Tories  nasty  party  Conservative  economic  history  energy  policy  energy  price  STEM  Manufacturing  diversity  microeconomic  policy  macroeconomic  policy  Amber  Rudd  debt  monetisation  debt  monetization  secular  stagnation  disposable  income  discretionary  spending  squeezed  middle  class  working  poor  consumerist  consumerism  trickle-down  economics  status  symbol  market  affordable  social  budget2015  marginal  propensity  to  consume  Precariat  tax  credit 
december 2015 by asterisk2a
COP21: UK under fire on climate policy - BBC News
Allegations of hypocrisy will be levelled at the UK when the Climate Secretary Amber Rudd appears at the Paris climate summit on Monday. [...] Most recently Mr Osborne scrapped a £1bn fund for a demonstration plant to capture CO2 from a power station and store it underground. It was a major pillar of UK climate policy. Craig Bennett from Friends of the Earth said: "The government is totally hypocritical on climate change. "George Osborne's anti-environmental policy decisions on energy fly the opposite way to the low-carbon route the vast majority of other countries are pursuing. // also hypocrisy to cut renewable's and investment (increase future energy price, see Steel industry; wholesale price 1/3 higher than Germany, in Germany steel companies did not close shop. They complained too. but did not close shop.) and on the other hand say only austerity will strengthen economy and a strong economy guarantees a strong NHS.
COP21  Amber  Rudd  energy  price  energy  policy  austerity  climate  change  global  warming  renewable  energy  UK  budget2015  underinvestment  Smart  Grid  infrastructure  investment  competitiveness  competitive  competition  industrial  policy  marginal  cost  solar  energy  wind  energy  energy  security  hypocrisy  Tories  nasty  party  Generationengerechtigkeit  NHS  dogma  ideology  George  Osborne  David  Cameron  constituency  babyboomers  general  election  2015  election  campaign  promises  EEG  Umlage  Germany  trickle-down  economics  tax  evasion  tax  avoidance  recovery 
december 2015 by asterisk2a
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