How would you fix the economy?

Soldato
Joined
18 Oct 2002
Posts
7,986
Location
Hear, their, everyware ;)
I think I've worked it all out.

In a few years the whole Country goes bust and the International Bankers will send in the Bailiffs but by the time they get here, no-one in the Country will be able to speak English due to Immigration so the Bailiffs will think they have the wrong Country and leave! The whole UK Immigration fiasco is nothing but a cunning ploy for us to dodge the debt by effectively pretending we're not in when the debtors turn up!
 
Soldato
Joined
16 Nov 2010
Posts
16,498
Location
Swimming in a lake
[FnG]magnolia;23990821 said:
Does anyone else ever read threads and think that they're in on the joke before realising that the posts they are reading are genuine?

Economics is a great subject to post about, particularly when you don't understand it in any meaningful way.

Get rid of the Bank of England.

I just feel these need to be quoted together.

The complete lack of knowledge here is shocking.

Imagine the recession as an illness. There are multiple ways to treat this illness. But they have varying effects, and work in different ways. A vast majority of how successful treatment is relies on how your body reacts. Everyone reacts differently to the illness, and as such it is hard to know which treatment is best, and historic success doesn't necessarily correlate with future success. You've gone to a hospital to get treatment for your illness.

Who want's to argue with their doctor about their treatment method?

kd
 
Caporegime
Joined
25 Jul 2005
Posts
28,851
Location
Canada
Good point.

Plus with the prices of everything going up astronomically and wages stagnating we'll probably all own nothing by then anyway.

Speak for yourself. Get another job/move industry if your wages aren't going up...

There are plenty of industries/areas of the country that are desperate for people.
 
Caporegime
Joined
25 Jul 2005
Posts
28,851
Location
Canada
If only that was how it worked in the real world.

Do you make more money for your company (which generally tallies with the next line...)?
Are you important to your company?
Do you have a skillset that is rare and required?
Does it take a long time to get even a basic amount of that skill set (say 4-5 years at university)?

If yes to any/all of the above then you're likely to get paid more.

If you are a dispensable cog, someone that can be replaced by someone else the next day with little to no training, then you're likely to get paid not much.

Bankers/Engineers/some scientists are in the former
Supermarket checkout/shelf stackers, cleaners and call centre workers are the latter.

It's generally how it works. With a few outliers, say it involves a lot of skill but lots of people want to do it, but they are generally pretty rare.
 
Soldato
Joined
15 May 2007
Posts
12,804
Location
Ipswich / Bodham
This isn't a solution but an observation.

Governments are incapable of delivering necessary change when it adversely affects a significant part of the electorate. Changes can be delivered over time but that's one thing a government never has.

To introduce transformational change they need funding and income that is equally transformational. North Sea oil and gas provided a recent such change, and debt provided the latest one. I struggle to see where the next transformation will come from.
 
Soldato
Joined
22 Sep 2011
Posts
10,575
Location
Portsmouth (Southsea)
I just feel these need to be quoted together.

The complete lack of knowledge here is shocking.

Imagine the recession as an illness. There are multiple ways to treat this illness. But they have varying effects, and work in different ways. A vast majority of how successful treatment is relies on how your body reacts. Everyone reacts differently to the illness, and as such it is hard to know which treatment is best, and historic success doesn't necessarily correlate with future success. You've gone to a hospital to get treatment for your illness.

Who want's to argue with their doctor about their treatment method?

kd
Well, in this analogy the doctor could be financially incentivised to let you die for other motives or let you get worse to shaft you with bigger bills. :p
 
Soldato
Joined
25 Nov 2009
Posts
2,559
I'd reduce child benefit to zero over 3 years. Then never bring it back.
"Basic finances" would be a new subject with equal importance to Maths and English.

so what would you have single mothers do ? if they cant find a good enough job to pay for child minders..

should we have these people killed ? or maybe just people who think like you..
 
Caporegime
Joined
17 Jul 2010
Posts
25,765
Sigh.

Make cigarettes £10 a packet. If you're going to smoke then pay the price monetarily as well as in your declining health.
Increase the price of spirits by 50% for off licence sales. Allow publicans to sell at current prices but introduce much stiffer penalties for those allowing underage drinking or for serving people already drunk.
Increase the price of any other alcoholic drink by a percentage equal to the alcohol content. This will reduce the number of drunk chavs in every town in the UK, reducing crime and lowering the impact every weekend on town centres, the Police and A&E.
Reduce VAT back to 15% and make it mandatory that prices reflect this. At the moment VAT cuts don't have to be passed on.

Forbid futures trading on any utilities. Gas, Electricity and Oil should be traded on supply and demand only and once you've said you're going to buy, then it's yours. Should cut down on speculators cashing in on Oil price fluctuations, if not stop it completely.

If a company produces their own gas or electricity then they CANNOT sell it at market prices, it has to be used for their own customers or be sold at cost price +10%. Verifiable by independant audit.

Increase funding for Nuclear Power with smaller, quicker to build power stations around the UK. Create a not for profit utility company that, like a building society is 'owned' by it's customers. Aim for zero profit/loss every year with, perhaps, a small 'nest egg' for improvements or the occasional bad year. Should they actually make a profit this will be split between all customers as a credit to their bills. Board members are salaried, no bonuses and they are forbidden from ever going public.

If the Nimby's don't want Wind Turbines or a high speed rail line two miles from their back garden, MAKE THEM MOVE. Buy their house at 50% or market value and let someone else live there.

If you move into a house beside a race track and you are aware of it then TOUGH, you cannot complain about the noise. You knew it was there before you moved. If you don't like the noise, MOVE AGAIN.

Tell BT they're getting NO money from the government for the rollout of broadband services to rural areas and make it part of the OFCOM licence conditions that exchanges where the average Broadband speed in large cities is over 7.5 Meg shouldn't be allowed FTTC until rural areas can all get above 5 Meg as well. FTTC enabled cabinets should start with those furthest away from the exchange.

Make the BBC accept the findings of a completely independant audit on spending and staff numbers. Then, and only then once they have made the cuts required of them allow the licence fee to increase by 2% year on year.

Jobseekers allowance should be cut by one percent every week after two years. Not much you say? Sure, but if you've been unemployed for 3 years then suddenly your Jobseekers allowance is HALF what you used to get. There are LOADS of jobs out there. Encourage working by increasing working tax credit for families where both parents work full time.

Only allow immigration if they are skilled in something the UK is short of. I speak to a lot of foreign people at work and some of them can hardly speak a word of English, never mind understand what I'm asking them to do'

That'll do for starters.
 
Last edited:
Caporegime
Joined
22 Nov 2005
Posts
45,316
so what would you have single mothers do ? if they cant find a good enough job to pay for child minders..

should we have these people killed ? or maybe just people who think like you..

I don't know maybe the father should be paying child care? :rolleyes:

Or did the mother get her self pregnant with her own sperm and ovaries ?
 
Last edited:
Associate
Joined
30 Jul 2007
Posts
148
Benefits are classed as in built economic stabilisers.
Remove savings limit on unemployment type benefits.
Remove child related benefits from the rich.
Remove child care allowance for 2 working parent families in order that families without work can have i parent working.
Undo everything done by the Thatcher/Major government. All modern problems were caused by them. The banking crisis was caused by Thatcher's Big Bang and the hig prices for energy, water, trains, buses, etc are as a result of privatisation.
Un-privatise everything.
Increase the minimum wage to the level where Income Support isn't necessary(why subsidise Tesco etc).
Bring all outsourced jobs back to the UK.
Bring all manufacturing jobs back to UK.
Place a cap on MP's housing costs. We should not be paying the mortgages of Cameron and Osborne (who had paid for their houses but remortgaged them to claim the money from the tax payer).
Leave the NHS alone.
Performace related pay for MPs.
I could go on.....
 
Soldato
Joined
21 Oct 2002
Posts
21,453
Benefits are classed as in built economic stabilisers.
Remove savings limit on unemployment type benefits.
Remove child related benefits from the rich.
Remove child care allowance for 2 working parent families in order that families without work can have i parent working.
Undo everything done by the Thatcher/Major government. All modern problems were caused by them. The banking crisis was caused by Thatcher's Big Bang and the hig prices for energy, water, trains, buses, etc are as a result of privatisation.
Un-privatise everything.
Increase the minimum wage to the level where Income Support isn't necessary(why subsidise Tesco etc).
Bring all outsourced jobs back to the UK.
Bring all manufacturing jobs back to UK.
Place a cap on MP's housing costs. We should not be paying the mortgages of Cameron and Osborne (who had paid for their houses but remortgaged them to claim the money from the tax payer).
Leave the NHS alone.
Performace related pay for MPs.
I could go on.....

LOL.

lets disregard the fact the country was bankrupt when thatcher took over.

Back to school for you.
 
Back
Top Bottom