I know that. Where have I said differently?The council just would get what Central funding is given - it’s not the private sector
Which is what you’d expect from a middle-income country…Polish government interest payments are a higher proportion of its annual national income than the UK's are.
Yeah, their budget deficit is forecast to be 6.9% (revised up from 5.5). Ours is around 5%. The difference appears to be driven by Polands defence spending which is 4.8% of gdp (ours is about half that)
Debt to gdp as you say is 55% increasing to 58% (far less debt than us and the older developed EU countries like France)
Not sure where in the thread the comparisons with the uk started but it’s not really an appropriate one, it’s half the size and is at a difference stage of development. France and Germany are the most obvious comparisons in terms of population, size of economy, stage of development etc. both struggling
Benny Franks said "In this world nothing can be said to be certain, except death and taxes."I get the logic - I think the issue is profiteering. There’s a reason quite a lot of private equity has gone into car home provision over the last 5+ years. I mean, what other choices do people have at the end of the day? Let your elderly relatives remain at home sitting in their own piss until they inevitably injure themselves or blow the house up because they forgot they left the hob on?
Is your mates daughter renting?Not sure this is true. We don't necessarily need more money, we need the distribution of what we have changed. The last 15 years have seen money flow to the top at an unprecedented rate. Not sure you need to do much more than reverse that.
Try and move back towards hard work being rewarded rather than hard work meaning you're struggling to survive. For the younger generation its horrifically bad. Mates daughter has a full time job and two part time jobs and still has nowhere near the level of income you'd need to move out and have even the most basic standard of living.
More made up nonsense. Poland spends twice as much as a % of its GDP on welfare than the UK does. As if markets really give a fuck what government spends its money on anyway, or are even really in controlWhich is what you’d expect from a middle-income country…
What’s got the bond markets skittish about France and the UKs debt to GDP is the proportions of that debt that’s going on welfare. Poland are driving their rearmament program.
So it’s like a bank looking at two individuals who are (for arguments sake) spending the same amount of money but on different areas. For example, if person ‘x’ spends money 100k on a car (depreciating value) that and person ‘y’ spends 100k on a 2nd house (appreciating value) or rental income. This is a v high level explanation and not to be taken literally.
Take note of the following:
If your last sentence was true, how did the bond markets bring down Liz Truss?More made up nonsense. Poland spends twice as much as a % of its GDP on welfare than the UK does. As if markets really give a fuck what government spends its money on anyway, or are even really in control
Where are the goalposts going next?
I've always said and you can review my history on this thread, that I'm more than happy to pay higher taxes as long as it's getting to front line workers. I disagree with all eg NHS staff including administrators, of which we have too many, all getting the same share of the pie.And that's what we've been arguing for god-knows how long regarding needing higher taxes and really looking at reversing the flow of money upwards. We have to take some pain and upheaval now or we just have to have even more later. Yet all we get told is that we're living in cloud cuckoo land and it's too hard.
Nice to see you're slowly coming round to that way of thinking.
Grendel went a bit quiet, but this bit on the problem with MATs is worth reading. Much more money is being diverted from the frontline service in these privately run setups.I've always said and you can review my history on this thread, that I'm more than happy to pay higher taxes as long as it's getting to front line workers. I disagree with all eg NHS staff including administrators, of which we have too many, all getting the same share of the pie.
From my experience care homes suffer from two issues directly to related to them not being publicly run, on top of the well documented issues with poor pay and unfilled roles.As it applies to schools, you would need to reverse academisation and put the schools back under local authority control. Doing that alone would put big amounts of money back into the public service without costing any extra; you could divert it into recruiting more classroom support, facility refurbishments and so on.
It looks like a similar story for care homes but I don't know that sector particularly well.
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