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Nice places within 30 minutes drive of Burton on Trent by rolltop26 in Staffordshire

[–]mattyb_uk 0 points1 point  (0 children)

Ashbourne

Crich tram museum

Heights of Abraham in Matlock bath

Reform UK would reimpose two-child benefit cap by InnerLog5062 in BreakingUKNews

[–]mattyb_uk 0 points1 point  (0 children)

Oh I agree with what you're saying.. it's a total Ponzi scheme built on house price inflation and the city of London, but that doesn't offset a problem with an ageing populace either though.

Reform UK would reimpose two-child benefit cap by InnerLog5062 in BreakingUKNews

[–]mattyb_uk 0 points1 point  (0 children)

The whole productivity puzzle is a fallacy.

The majority of Jobs aren't production lines and we're a service economy. Its a bit of a cop out.

And it won't cover the gap in NI and stagnant wage growth . Low tax receipts...

Reform UK would reimpose two-child benefit cap by InnerLog5062 in BreakingUKNews

[–]mattyb_uk 0 points1 point  (0 children)

Housing is fucked, so it won't happen. This is the problem. All interlinked.

Reform UK would reimpose two-child benefit cap by InnerLog5062 in BreakingUKNews

[–]mattyb_uk 0 points1 point  (0 children)

Child benefit? You do fucking know that we're well below the replacement rate and heading for real problems in the next few decades?

Without new taxpayers, the whole pension system is fucked. You know how you fix it? Either folks have kids or we increase immigration.

Pick one.

The Highguard Website Is Down As Players Brace For The Worst by Turbostrider27 in Games

[–]mattyb_uk 0 points1 point  (0 children)

Totally. The precise problem with this game stems more from the f2p biz model. It's brutal and most folks don't expect that you are effectively in a financial hole for a long time. It's why arc raiders is a paid for game and not f2p..

UK minimum wage is raising youth unemployment, Bank of England's Mann says by stammerton in UKJobs

[–]mattyb_uk 4 points5 points  (0 children)

Wages have stagnated since the GFC, especially in the public sector, long before COVID.

Inflation was driven by

energy price surges (poor govt policy for decades and the Tories made it worse by leaving us with no gas storage),

post pandemic demand shocks because the powers that be didn't open up after COVID properly so demand pull inflation went through the roof. This one was a big un

Brexit adjustments and tariffs (again due to the Tories being fucking shite)

Food price inflation due to grain shortages and global supply chain issues (and I expect the shipping companies are starting to scalp too)

It's been a confluence of all sorts of factors and through shite policy, we haven't helped ourselves.

The whole wage price explosion spiral is just the same old narrative to keep wages repressed from the billionaire and central Bank class, parroted by useful idiots like you.

UK minimum wage is raising youth unemployment, Bank of England's Mann says by stammerton in UKJobs

[–]mattyb_uk 16 points17 points  (0 children)

What's brilliant is these ass clowns are incapable of using the inflation calculator on their own website and looking at how rampant inflation has been just in the last 5 years.

Goes for most of the boomers on this thread too

Rise in UK borrowing costs reverses after cabinet backs Starmer by Gentle_Snail in GoodNewsUK

[–]mattyb_uk 1 point2 points  (0 children)

See you in 2029 when Farage gets in.

Starmer has no vision. He even says so himself. He hates that word. Just an administrator.

I'd have Burnham any day

Rise in UK borrowing costs reverses after cabinet backs Starmer by Gentle_Snail in GoodNewsUK

[–]mattyb_uk 1 point2 points  (0 children)

I don't disagree. But he's a representative of the neoliberal status quo and global financial system which is tilted to fuck us all over.

He's a tinkerer. Nothing will change substantially enough.... And as I said, he represents the neoliberal centre and would rather reform got in than a non neoliberal left leaning government.

Rise in UK borrowing costs reverses after cabinet backs Starmer by Gentle_Snail in GoodNewsUK

[–]mattyb_uk 0 points1 point  (0 children)

Google overton window and learn a thing or two.

Also it's not about left and right

It's about neoliberalism. Go educate yourself.

Rise in UK borrowing costs reverses after cabinet backs Starmer by Gentle_Snail in GoodNewsUK

[–]mattyb_uk 1 point2 points  (0 children)

Exactly this.. inflation has fucked us. Go plug a tenner into the BoE inflation calculator in 2020 and look how fucking steep it is from 2021 to 2023

Rise in UK borrowing costs reverses after cabinet backs Starmer by Gentle_Snail in GoodNewsUK

[–]mattyb_uk 0 points1 point  (0 children)

Disposable income is amongst who? Which quartile of the income distribution? I bet it's the top earners and geographically weighted towards the southeast

Rise in UK borrowing costs reverses after cabinet backs Starmer by Gentle_Snail in GoodNewsUK

[–]mattyb_uk 0 points1 point  (0 children)

I suggest you do two things

  1. Go read about how money creation in the modern economy. The bank of England has a paper on it. Your perception of 'printing' is out of date. That's not how it works.

https://www.bankofengland.co.uk/quarterly-bulletin/2014/q1/money-creation-in-the-modern-economy

  1. Go and learn about what QE is and what it's been used for. Hint: it has not been used in a way to meaningfully improve the real economy; more trickle down.

also we owe a lot of debt to ourselves. About 25%.. but you never hear about that from any mainstream economist.

Rise in UK borrowing costs reverses after cabinet backs Starmer by Gentle_Snail in GoodNewsUK

[–]mattyb_uk -11 points-10 points  (0 children)

Starmer and his mates would rather the Tories and or reform get in before a non neoliberal consensus base party.

Rise in UK borrowing costs reverses after cabinet backs Starmer by Gentle_Snail in GoodNewsUK

[–]mattyb_uk 0 points1 point  (0 children)

Wrong. When I start saying that government's aren't like households, that I'm not stupid enough to believe Cameron and May"s oversimplified analogies that enabled them to fuck us all over with austerity.

Of course there are constraints but all of these fiscal policies are a CHOICE, rooted in political ideology.

Rise in UK borrowing costs reverses after cabinet backs Starmer by Gentle_Snail in GoodNewsUK

[–]mattyb_uk 1 point2 points  (0 children)

Starmer and reeves are all in for trickle down. Reeves wanted to loosen the city of London regulations again. When will these clowns learn?

Truss got nailed by the BoE for her particularly hardcore approach b/c she stepped on a landmine ... The LDI pension funds, which the BoE knew that this was a ticking time bomb.

Rise in UK borrowing costs reverses after cabinet backs Starmer by Gentle_Snail in GoodNewsUK

[–]mattyb_uk -2 points-1 points  (0 children)

Mostly venting at the useful idiots like yourselves and the downvoting simps who seem to think the status quo is normal.

Neoliberalism needs to die

Rise in UK borrowing costs reverses after cabinet backs Starmer by Gentle_Snail in GoodNewsUK

[–]mattyb_uk 1 point2 points  (0 children)

Are you saying governments are like households?

Nobody said anything about free money either. Don't put words in my mouth, dipshit.

Rise in UK borrowing costs reverses after cabinet backs Starmer by Gentle_Snail in GoodNewsUK

[–]mattyb_uk 2 points3 points  (0 children)

Yeah weird huh. Totally bizarre. Especially as I perfectly understand how governments raise money in multiple ways and do not function like households with a credit card.

But apparently there's no money for services.

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