| Expectations 07:58 - Dec 13 with 3721 views | NthQldITFC |
Is it the truth that we all want and expect more money, more 'disposable income' all the time, wage rises at above inflation levels, and demand a constantly increasing 'standard of living', irrespective of the constraints of base levels of welfare in our society, and a collapsing environment.
Is that just how things are? |  |
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| Expectations on 09:30 - Dec 13 with 2859 views | SuperKieranMcKenna |
I think people would be happy if we DID have consistently growing standards of living. Unfortunately for millennials and younger, housing is getting smaller and unaffordable, public services are broken, tax burden is highest in decades with little to show for it. We are also seeing our green spaces disappear increasingly under concrete, rapid population growth, declining GDP per capita. Other than that it’s great… |  | | |
| Expectations on 09:51 - Dec 13 with 2810 views | Pinewoodblue |
Economy shrank again in October, as it did in September.
Lack on consumer confidence perhaps. Time Starmer & Reeves stopped talking the economy down.
Time to offer encouragement, blaming the Tories for everything maybe true but it isn’t helping people look forward with confidence. Confidence leads to growth and the Governments plans are based on growing the economy. |  |
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| Expectations on 10:01 - Dec 13 with 2770 views | noggin |
The billionaires have never had it so good. Why isn't that wealth trickling down to everyone else, including the government. Almost like it's all a big con. |  |
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| Expectations on 10:24 - Dec 13 with 2736 views | Help |
It is what we are told we want and need. We need to be more beautiful. We need to be like that celeb. We want that house, that car, that job.
I want it all and I want it now. |  |
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| Expectations on 10:30 - Dec 13 with 2709 views | thebooks |
Not really. I think it’s more we’d like affordable housing, transport that actually works etc. etc. I think framing demands in a more selfish way transfers “blame” for wanting these things on to the people who need them. |  | | |
| Expectations on 10:46 - Dec 13 with 2653 views | DJR |
| Expectations on 10:24 - Dec 13 by Help |
It is what we are told we want and need. We need to be more beautiful. We need to be like that celeb. We want that house, that car, that job.
I want it all and I want it now. |
Try telling that to the 4.3 million children living in relative poverty after housing costs, or the 3.6 million child living in absolute poverty after housing costs, depending on which measure you prefer.
https://lordslibrary.parliament.uk/child-poverty-statistics-causes-and-the-uks-p |  | | |
| Expectations on 11:27 - Dec 13 with 2576 views | thebooks |
| Expectations on 09:51 - Dec 13 by Pinewoodblue |
Economy shrank again in October, as it did in September.
Lack on consumer confidence perhaps. Time Starmer & Reeves stopped talking the economy down.
Time to offer encouragement, blaming the Tories for everything maybe true but it isn’t helping people look forward with confidence. Confidence leads to growth and the Governments plans are based on growing the economy. |
As the stated aim of this govt. is to reduce debt as a proportion of GDP to an arbitrary figure rather than fix the country, it’s unlikely to instill any confidence.
Reeves can tie herself in knots over how much immediate money she has, but she’ll just end up with austerity if she sticks to Conservative spending targets. You can’t grow your way out of it without investment.
Just this week she’s saying govt. departments can make 5% efficiency savings. This is pure Osborneism. It’s how Reform say they’ll fund tax cuts – utter fantasy. | | | |
| Expectations on 11:31 - Dec 13 with 2557 views | Pinewoodblue |
Depressing reading.
Seems to me the haves want more, rather than thinking about those less fortunate. | |
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| Expectations on 11:36 - Dec 13 with 2545 views | Help |
| Expectations on 11:31 - Dec 13 by Pinewoodblue |
Depressing reading.
Seems to me the haves want more, rather than thinking about those less fortunate. |
Overthrow of underclass | |
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| Expectations on 11:43 - Dec 13 with 2535 views | Churchman |
| Expectations on 09:51 - Dec 13 by Pinewoodblue |
Economy shrank again in October, as it did in September.
Lack on consumer confidence perhaps. Time Starmer & Reeves stopped talking the economy down.
Time to offer encouragement, blaming the Tories for everything maybe true but it isn’t helping people look forward with confidence. Confidence leads to growth and the Governments plans are based on growing the economy. |
The BBC and Guardian cover it
https://www.bbc.co.uk/news/articles/cq5lw84w1yeo
https://www.theguardian.com/business/2024/dec/13/uk-economy-october-gdp
Starmer and Reeves have been talking the economy down for what seems forever. Add in endless dire warnings about how tough it’s going to be for people and loading business with additional costs, what exactly do they expect? They are fuelling uncertainty which will on its own depress spending and investment before you get to the impact of problems around the world.
People are naturally going to hold back. I’ve been out a few times in the past couple of weeks and it’s notable just how empty restaurants and bars have been to how they usually are at this time of year.
The Government are going to blame the tories for everything as long as they can. Rightly so to a point, but I don’t think they are going to get away with that for the full five years.
Edit: the Torygraph take:
https://www.telegraph.co.uk/business/2024/12/13/ftse-100-markets-latest-news-uk-
In this article Reeves is quoted as saying: “While the figures this month are disappointing, we have put in place policies to deliver long term economic growth.”
How is loading up business costs, ensuring energy costs are the most expensive they can be and doing little bar talking the economy down be any sort of policy to deliver long term economic growth? Almost as contradictory as facing Putin by cutting defence spending. [Post edited 14 Dec 2024 7:57]
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| Expectations on 11:55 - Dec 13 with 2499 views | tractorboy1978 |
| Expectations on 11:31 - Dec 13 by Pinewoodblue |
Depressing reading.
Seems to me the haves want more, rather than thinking about those less fortunate. |
I don't understand the lack of sympathy and empathy some people have with others.
Running a house with a couple of kids on two average salaries (or one decent salary and below average or no second salary) is seriously difficult right now. We have increasing mortgage/rent payments, gas/electric, council tax, food prices. I have no idea how single parents or couples with below average salaries do it to be honest. | | | |
| Expectations on 12:26 - Dec 13 with 2429 views | portmanking |
| Expectations on 11:55 - Dec 13 by tractorboy1978 |
I don't understand the lack of sympathy and empathy some people have with others.
Running a house with a couple of kids on two average salaries (or one decent salary and below average or no second salary) is seriously difficult right now. We have increasing mortgage/rent payments, gas/electric, council tax, food prices. I have no idea how single parents or couples with below average salaries do it to be honest. |
Millennials have been utterly screwed. In 100 years we'll be known as those who had it tough, with our offspring almost certain to have an easier time of it due to AI and Universal Basic Income (which is coming in the next decade or two, whether we like it or not). | | | |
| Expectations on 13:36 - Dec 13 with 2302 views | DJR |
| Expectations on 11:43 - Dec 13 by Churchman |
The BBC and Guardian cover it
https://www.bbc.co.uk/news/articles/cq5lw84w1yeo
https://www.theguardian.com/business/2024/dec/13/uk-economy-october-gdp
Starmer and Reeves have been talking the economy down for what seems forever. Add in endless dire warnings about how tough it’s going to be for people and loading business with additional costs, what exactly do they expect? They are fuelling uncertainty which will on its own depress spending and investment before you get to the impact of problems around the world.
People are naturally going to hold back. I’ve been out a few times in the past couple of weeks and it’s notable just how empty restaurants and bars have been to how they usually are at this time of year.
The Government are going to blame the tories for everything as long as they can. Rightly so to a point, but I don’t think they are going to get away with that for the full five years.
Edit: the Torygraph take:
https://www.telegraph.co.uk/business/2024/12/13/ftse-100-markets-latest-news-uk-
In this article Reeves is quoted as saying: “While the figures this month are disappointing, we have put in place policies to deliver long term economic growth.”
How is loading up business costs, ensuring energy costs are the most expensive they can be and doing little bar talking the economy down be any sort of policy to deliver long term economic growth? Almost as contradictory as facing Putin by cutting defence spending. [Post edited 14 Dec 2024 7:57]
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The quote in the Telegraph (Britain "on recession watch") comes from an economist at the Institute of Economic Affairs (who would say that), and is at variance with the recent OECD forecast for this year and the next two years.
https://www.oecd.org/en/about/news/press-releases/2024/12/economic-outlook-globa
Admittedly, there have been two months of negative growth but these straddle a quarter, and for there to be a recession there has to be two quarters of negative growth.
As it is, many countries (especially in Europe) are struggling for growth (which itself impacts the UK), the exception being the US. But I sense much of the growth in the US is down to the tech sector and very little of that filters down to ordinary Americans. And who knows what might happen in the States when, as may be the case, inflation remains high due to tariffs etc.
I do agree, however, that Labour could have toned down the rhetoric but they had no option but to increase taxes, and it is not clear to me that any other likely ways of raising taxes would have been much different in terms of effect and squealing. [Post edited 13 Dec 2024 13:55]
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| Expectations on 14:39 - Dec 13 with 2195 views | J2BLUE |
Yes.
If there isn't some sort of intervention from an outside force the battle to control climate change has been lost. It wasn't much of a battle really was it?
Society is not ready for the large scale changes needed. Many people talk a good game but then tell you about their next long haul flight. |  |
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| Expectations on 14:48 - Dec 13 with 2197 views | NthQldITFC |
| Expectations on 14:39 - Dec 13 by J2BLUE |
Yes.
If there isn't some sort of intervention from an outside force the battle to control climate change has been lost. It wasn't much of a battle really was it?
Society is not ready for the large scale changes needed. Many people talk a good game but then tell you about their next long haul flight. |
An unashamed ^this. | |
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| Expectations on 15:20 - Dec 13 with 2149 views | noggin |
| Expectations on 14:39 - Dec 13 by J2BLUE |
Yes.
If there isn't some sort of intervention from an outside force the battle to control climate change has been lost. It wasn't much of a battle really was it?
Society is not ready for the large scale changes needed. Many people talk a good game but then tell you about their next long haul flight. |
Pretty much the same as wealth inequality. Greed will be the downfall of humanity. | |
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| Expectations on 15:49 - Dec 13 with 2116 views | Pinewoodblue |
| Expectations on 12:26 - Dec 13 by portmanking |
Millennials have been utterly screwed. In 100 years we'll be known as those who had it tough, with our offspring almost certain to have an easier time of it due to AI and Universal Basic Income (which is coming in the next decade or two, whether we like it or not). |
Millennials are currently between say 28-43. The older you are in this group the better you are currently placed, it is the younger millennials that are more screwed than say those between 35-43.
An opinion based on own family, including cousins nieces, nephews etc. | |
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| Expectations on 16:09 - Dec 13 with 2076 views | DJR |
| Expectations on 15:49 - Dec 13 by Pinewoodblue |
Millennials are currently between say 28-43. The older you are in this group the better you are currently placed, it is the younger millennials that are more screwed than say those between 35-43.
An opinion based on own family, including cousins nieces, nephews etc. |
That sounds about right. | | | |
| Expectations on 16:21 - Dec 13 with 2036 views | lowhouseblue |
| Expectations on 10:01 - Dec 13 by noggin |
The billionaires have never had it so good. Why isn't that wealth trickling down to everyone else, including the government. Almost like it's all a big con. |
this a good read, but i'm not sure it's quite the story you want. things are always more complex than slogans:
https://ifs.org.uk/publications/seven-key-facts-about-uk-living-standards |  |
| And so as the loose-bowelled pigeon of time swoops low over the unsuspecting tourist of destiny, and the flatulent skunk of fate wanders into the air-conditioning system of eternity, I notice it's the end of the show |
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| Expectations on 17:22 - Dec 13 with 1894 views | noggin |
What does that tell me about billionaires? | |
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| Expectations on 19:05 - Dec 13 with 1724 views | SuperKieranMcKenna |
| Expectations on 17:22 - Dec 13 by noggin |
What does that tell me about billionaires? |
That they are coveted by FIFA? | | | |
| Expectations on 19:21 - Dec 13 with 1689 views | BanksterDebtSlave |
| Expectations on 09:30 - Dec 13 by SuperKieranMcKenna |
I think people would be happy if we DID have consistently growing standards of living. Unfortunately for millennials and younger, housing is getting smaller and unaffordable, public services are broken, tax burden is highest in decades with little to show for it. We are also seeing our green spaces disappear increasingly under concrete, rapid population growth, declining GDP per capita. Other than that it’s great… |
Makes you wonder where all the money is going.
Clue....we're being mugged. |  |
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| Expectations on 19:26 - Dec 13 with 1675 views | SuperKieranMcKenna |
| Expectations on 19:21 - Dec 13 by BanksterDebtSlave |
Makes you wonder where all the money is going.
Clue....we're being mugged. |
Don’t often agree with you.. but no arguments there. | | | |
| Expectations on 08:19 - Dec 14 with 1353 views | Churchman |
An interesting article. Towards the end is a little summary of what might help. It says:
‘Whatever the root causes of the growth malaise, looking forward the only sustainable route out is increases in productivity – the amount we produce for every hour worked. And while there are no silver bullets here, we do know what the government can do to put us in the best position for good growth.
First, reform taxes to prevent unnecessary disincentives to work and invest.
Second, reform the planning system to allow housing and commercial development in the places where people want to live and where companies want to invest.
Third, deliver high-quality education that raises human capital.
Fourth, make well-targeted public investments, bearing the long-term future in mind.
Five, ensure that regulation that does not unnecessarily hold up public or private investment.
Six, improve trading conditions with the EU – our biggest and nearest trading partner. Seven, political consistency and stability help.’
This was published in May and is just opinion. For me, the two that stick out the most are education and relations with the EU, but all the points have relevance. Looking at the stats in the article, 14 years of austerity cuts seems to have done nothing good, yet it still appears to be the main plank of government policy, along with loading costs onto business, which I find odd. | | | |
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