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Why do we need to bring down Welfare Spending Andy Burnham ? The Welfare budget has been 11% of GDP for decades and is projected to to be around 11% of GDP till 2030 👀 At the figures WELFARE SPEND IS NOT BALLOONING Working Age Incapacity benfits due to...

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Sally Bourliakas 💙

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13,852 görüntüleme • 1 ay önce •via X (Twitter)

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Kwasi Kwarteng says the welfare bill is “unsustainable”. This from the man whose mini-budget sent markets into panic and mortgage bills through the roof. Kevin Maguire points out that welfare spending is forecast at 10.6% of GDP, lower as a proportion than in much of Europe. And over half of it goes on pensioners. But here is the part politicians rarely mention: millions of Universal Credit claimants are already in work. Public finances are not simply supporting people without jobs. We are topping up low wages while companies such as Tesco and Sainsbury’s report billion-pound profits. So spare us the lectures about Britain’s “welfare dependency”. The scandal is an economy where working people cannot afford to live on their wages, while profitable corporations expect the public purse to bridge the gap. #welfare
1:14

Kwasi Kwarteng says the welfare bill is “unsustainable”. This from the man whose mini-budget sent markets into panic and mortgage bills through the roof. Kevin Maguire points out that welfare spending is forecast at 10.6% of GDP, lower as a proportion than in much of Europe. And over half of it goes on pensioners. But here is the part politicians rarely mention: millions of Universal Credit claimants are already in work. Public finances are not simply supporting people without jobs. We are topping up low wages while companies such as Tesco and Sainsbury’s report billion-pound profits. So spare us the lectures about Britain’s “welfare dependency”. The scandal is an economy where working people cannot afford to live on their wages, while profitable corporations expect the public purse to bridge the gap. #welfare

The Heartlands Tribune

23,705 görüntüleme • 2 ay önce

Here is a sum the Treasury never asks you to do. This year Britain spends £62.2 billion on defence. Within three years it will be £73.5 billion. At The Hague, every NATO government signed up to five per cent of GDP, demanded from a podium in Washington, agreed without a single parliamentary vote. Trump demanded it, Trump got it... And in the same breath, they tell the sick, the disabled and the young that the welfare state is unaffordable. Now Andy Burnham arrives with his plan. "Fair and lasting" welfare reform. An ally says he is "more welfare than warfare." Fine words. But Westminster has a long history of dressing up cuts as compassion. Support becomes conditionality. Help becomes surveillance. Reform becomes punishment. And the warning lights are already blinking. His own chief of staff has pushed for stripping bus passes and TV licences from pensioners. Taking PIP from the under-30s is called a "difficult sell." Not an outrage. A sell. Meanwhile the MOD sits on a £42.5 billion black hole and nobody sends an assessor round. Austerity, it turns out, is means-tested. It applies only to the poor. Welfare or warfare is not a slogan. It is an invoice, and somebody always pays it. For seventy years it has been us. So tell us. Do you trust #AndyBurnham's #welfare reform, or have we heard it all before?
5:07

Here is a sum the Treasury never asks you to do. This year Britain spends £62.2 billion on defence. Within three years it will be £73.5 billion. At The Hague, every NATO government signed up to five per cent of GDP, demanded from a podium in Washington, agreed without a single parliamentary vote. Trump demanded it, Trump got it... And in the same breath, they tell the sick, the disabled and the young that the welfare state is unaffordable. Now Andy Burnham arrives with his plan. "Fair and lasting" welfare reform. An ally says he is "more welfare than warfare." Fine words. But Westminster has a long history of dressing up cuts as compassion. Support becomes conditionality. Help becomes surveillance. Reform becomes punishment. And the warning lights are already blinking. His own chief of staff has pushed for stripping bus passes and TV licences from pensioners. Taking PIP from the under-30s is called a "difficult sell." Not an outrage. A sell. Meanwhile the MOD sits on a £42.5 billion black hole and nobody sends an assessor round. Austerity, it turns out, is means-tested. It applies only to the poor. Welfare or warfare is not a slogan. It is an invoice, and somebody always pays it. For seventy years it has been us. So tell us. Do you trust #AndyBurnham's #welfare reform, or have we heard it all before?

The Heartlands Tribune

13,336 görüntüleme • 1 ay önce

#WATCH | Mumbai: Ashish Chauhan, MD & CEO of the National Stock Exchange of India, says, "...1000 years ago, we accounted for 50% of the world's GDP. When the British came to India, we were at 33% of the world's GDP. When the British left in 1947, we were at 2% of the world's GDP. Some of this was taken from us, but mostly it was because they developed new technologies. We forgot to create new technologies. We forgot to adopt new technologies. And since 1947, we have been trying to organise ourselves as a new country, as a young country. Around 1991, we started liberalisation. And now we are at around 4% of the world's GDP. Going from 2% to 4% is actually a 100% increase. But this is still very low... Countries with a young population are good at adopting new patterns. Where are those countries? If you look at Japan, it has become old. If you look at China, it has suddenly become old... India, we will remain young until 2050-2060. We have two young countries in neigbourhood, Pakistan and Bangladesh, but they are not technology adopters. They want to live the life they did 1600 years ago. Then go to Africa, they are fighting among themselves. Go to Europe, it has become old. Go to America, there will be fewer people in 2026 than in 2025...Now we are technology adopters. Every Indian is now connected to technology..."
4:44

#WATCH | Mumbai: Ashish Chauhan, MD & CEO of the National Stock Exchange of India, says, "...1000 years ago, we accounted for 50% of the world's GDP. When the British came to India, we were at 33% of the world's GDP. When the British left in 1947, we were at 2% of the world's GDP. Some of this was taken from us, but mostly it was because they developed new technologies. We forgot to create new technologies. We forgot to adopt new technologies. And since 1947, we have been trying to organise ourselves as a new country, as a young country. Around 1991, we started liberalisation. And now we are at around 4% of the world's GDP. Going from 2% to 4% is actually a 100% increase. But this is still very low... Countries with a young population are good at adopting new patterns. Where are those countries? If you look at Japan, it has become old. If you look at China, it has suddenly become old... India, we will remain young until 2050-2060. We have two young countries in neigbourhood, Pakistan and Bangladesh, but they are not technology adopters. They want to live the life they did 1600 years ago. Then go to Africa, they are fighting among themselves. Go to Europe, it has become old. Go to America, there will be fewer people in 2026 than in 2025...Now we are technology adopters. Every Indian is now connected to technology..."

ANI

82,463 görüntüleme • 6 ay önce

🚨 Kemi Badenoch Slams Labour’s New Childcare Giveaway: “You’re Not Working So Why Do You Need Free Childcare?” Nick Ferrari on LBC: “Families on benefits must be given 33 free hours of childcare a week. Bridget Phillipson, Education Secretary, will say in a speech to be given today. Is that something you would see the Conservatives supporting, Mrs Badenoch?” Kemi Badenoch: “No, absolutely not. Labour are no longer the Labour Party, they are the Welfare Party. As even their Welfare Secretary said, all Labour MPs want is to tax more people. They keep asking who can they tax more to pay for more benefits. If you are on benefits that means you’re not working, so why do you need free childcare? There’s no common sense anymore.” Kemi is spot on. Labour are now the party of welfare, all they want to do is tax more people to give away on benefits. She’s right: why hand out free childcare to those not working? It makes no sense. 🤷‍♂️
0:30

🚨 Kemi Badenoch Slams Labour’s New Childcare Giveaway: “You’re Not Working So Why Do You Need Free Childcare?” Nick Ferrari on LBC: “Families on benefits must be given 33 free hours of childcare a week. Bridget Phillipson, Education Secretary, will say in a speech to be given today. Is that something you would see the Conservatives supporting, Mrs Badenoch?” Kemi Badenoch: “No, absolutely not. Labour are no longer the Labour Party, they are the Welfare Party. As even their Welfare Secretary said, all Labour MPs want is to tax more people. They keep asking who can they tax more to pay for more benefits. If you are on benefits that means you’re not working, so why do you need free childcare? There’s no common sense anymore.” Kemi is spot on. Labour are now the party of welfare, all they want to do is tax more people to give away on benefits. She’s right: why hand out free childcare to those not working? It makes no sense. 🤷‍♂️

Skint Eastwood

68,714 görüntüleme • 1 ay önce

Lady in green, "There are real people behind these statistics" "Previous cuts in benefits have been linked to over 500 deaths" "Suicide, people starving" "How confident is the panel that this won't happen again?" #BBCQT Fiona Bruce, "Do you think the size of the welfare bill needs to be reduced at all? Or are you happy to see it grow because this is the money people need?" Lady in green, "It feels to me this government - I was a Labour voter, I'm not going to be any more" "It seems you are betraying ordinary people who need help. Why don't we start taxing more of the rich?" "You're taking money from people who just don't have anything"
4:52

Lady in green, "There are real people behind these statistics" "Previous cuts in benefits have been linked to over 500 deaths" "Suicide, people starving" "How confident is the panel that this won't happen again?" #BBCQT Fiona Bruce, "Do you think the size of the welfare bill needs to be reduced at all? Or are you happy to see it grow because this is the money people need?" Lady in green, "It feels to me this government - I was a Labour voter, I'm not going to be any more" "It seems you are betraying ordinary people who need help. Why don't we start taxing more of the rich?" "You're taking money from people who just don't have anything"

Farrukh

29,887 görüntüleme • 1 yıl önce

🚨 JUST IN Karoline Leavitt just confirmed the hammer is dropping next. The Trump administration is launching MAJOR fraud investigations into California and New York on top of Minnesota. GOOD. People need to be JAILED. “We know there has been massive fraud in blue states across this country. Look at California. Look at New York.” “All of these states are under investigation and consideration.” This administration has been cutting waste, fraud, and abuse from day one. USAID was exposed as corrupt and SHUT DOWN to protect taxpayers. And they are NOT stopping. If you ripped off American taxpayers, you will be held to the fullest extent of the law as long as President Trump is in charge. Accountability is BACK.
0:48

🚨 JUST IN Karoline Leavitt just confirmed the hammer is dropping next. The Trump administration is launching MAJOR fraud investigations into California and New York on top of Minnesota. GOOD. People need to be JAILED. “We know there has been massive fraud in blue states across this country. Look at California. Look at New York.” “All of these states are under investigation and consideration.” This administration has been cutting waste, fraud, and abuse from day one. USAID was exposed as corrupt and SHUT DOWN to protect taxpayers. And they are NOT stopping. If you ripped off American taxpayers, you will be held to the fullest extent of the law as long as President Trump is in charge. Accountability is BACK.

ⁿᵉʷˢ Barron Trump 🇺🇸

92,099 görüntüleme • 7 ay önce

The True GDP of Nations - The Hidden GDP For more than a century, the world has measured progress with numbers: GDP, stock indices, exchange rates. Money became the universal language of power. But perhaps this language is already obsolete. China is quietly advancing a new metric of strength. It is not expressed in dollars or yuan, nor does it appear in IMF tables. It lies in the collective ability of its people. Look at the children. They study ten hours a day. They memorize, calculate, compete. For every position, ten candidates are ready to prove themselves. In the narrow sense, this competition drives down wages. In the deeper sense, it multiplies capacity. The discipline, the ambition, the sheer volume of effort becomes a reservoir of national power. None of this is counted in GDP. Yet it is more decisive than GDP. GDP records transactions. It tells us how much was spent, how much was consumed. But it does not record the unseen labor of study, the invisible accumulation of knowledge, the patient cultivation of skill. These hours of human effort are in fact the truest form of wealth—because they are the soil from which every technology, every invention, every breakthrough will grow. The West measures wealth in money. China is redefining wealth as collective capability. And once capability is the measure, the equation changes. Money can be printed. Real estate can collapse. Stock markets can be manipulated. But human ability—trained minds, disciplined bodies, organized effort—cannot be conjured overnight. It must be built generation by generation. This is why when China declares that it will land people on the moon before 2030, the statement is frighteningly credible. It is not just a financial budget line. It is backed by the collective hours of its people, their study, their discipline, their belief that work and learning are themselves a kind of national duty. The seismic shock will come when China lands on the moon. The shock will come when the world realizes that money is no longer the true measure of civilization. The new measure is the collective ability of a people to organize, to learn, to endure. This is the true GDP of nations. 1. Underestimated Strength – China’s official GDP figures likely understate its real economic power (due to lower price levels, currency valuation, and unaccounted sectors). Similarly, its military capacity is deliberately opaque, hiding advancements until they’re already operational. 2. Credibility of Action – Unlike Western governments, where political turnover often derails long-term projects, China’s state apparatus builds on continuity. When Beijing announces a target—whether hypersonic weapons, a space station, or lunar exploration—it tends to deliver. 3. Seismic Shock Ahead – A lunar landing before 2030 would not just be technological. It would be symbolic: the same kind of geopolitical shock the Soviet Union created in 1957 with Sputnik. Except this time, it comes from a nation that already leads in global trade, manufacturing, and increasingly in high-tech domains. Poverty, Welfare, and Civilization The Western approach to poverty is built around welfare. Money is handed out, subsidies are distributed, housing projects are built. But welfare, in practice, too often degenerates into dependency. It does not cultivate capability; it sustains hopelessness. In council estates and public housing projects, this pattern is visible: welfare money produces not order but riots, not integration but alienation.
0:51

The True GDP of Nations - The Hidden GDP For more than a century, the world has measured progress with numbers: GDP, stock indices, exchange rates. Money became the universal language of power. But perhaps this language is already obsolete. China is quietly advancing a new metric of strength. It is not expressed in dollars or yuan, nor does it appear in IMF tables. It lies in the collective ability of its people. Look at the children. They study ten hours a day. They memorize, calculate, compete. For every position, ten candidates are ready to prove themselves. In the narrow sense, this competition drives down wages. In the deeper sense, it multiplies capacity. The discipline, the ambition, the sheer volume of effort becomes a reservoir of national power. None of this is counted in GDP. Yet it is more decisive than GDP. GDP records transactions. It tells us how much was spent, how much was consumed. But it does not record the unseen labor of study, the invisible accumulation of knowledge, the patient cultivation of skill. These hours of human effort are in fact the truest form of wealth—because they are the soil from which every technology, every invention, every breakthrough will grow. The West measures wealth in money. China is redefining wealth as collective capability. And once capability is the measure, the equation changes. Money can be printed. Real estate can collapse. Stock markets can be manipulated. But human ability—trained minds, disciplined bodies, organized effort—cannot be conjured overnight. It must be built generation by generation. This is why when China declares that it will land people on the moon before 2030, the statement is frighteningly credible. It is not just a financial budget line. It is backed by the collective hours of its people, their study, their discipline, their belief that work and learning are themselves a kind of national duty. The seismic shock will come when China lands on the moon. The shock will come when the world realizes that money is no longer the true measure of civilization. The new measure is the collective ability of a people to organize, to learn, to endure. This is the true GDP of nations. 1. Underestimated Strength – China’s official GDP figures likely understate its real economic power (due to lower price levels, currency valuation, and unaccounted sectors). Similarly, its military capacity is deliberately opaque, hiding advancements until they’re already operational. 2. Credibility of Action – Unlike Western governments, where political turnover often derails long-term projects, China’s state apparatus builds on continuity. When Beijing announces a target—whether hypersonic weapons, a space station, or lunar exploration—it tends to deliver. 3. Seismic Shock Ahead – A lunar landing before 2030 would not just be technological. It would be symbolic: the same kind of geopolitical shock the Soviet Union created in 1957 with Sputnik. Except this time, it comes from a nation that already leads in global trade, manufacturing, and increasingly in high-tech domains. Poverty, Welfare, and Civilization The Western approach to poverty is built around welfare. Money is handed out, subsidies are distributed, housing projects are built. But welfare, in practice, too often degenerates into dependency. It does not cultivate capability; it sustains hopelessness. In council estates and public housing projects, this pattern is visible: welfare money produces not order but riots, not integration but alienation.

America-China Watcher

19,460 görüntüleme • 11 ay önce

Warren Buffett on Corporate Taxation in America: “I hesitate to bring this up, but last year my tax rate was the lowest amongst the 25 people working in my office and I don’t even have any tax shelters.” “If you look at payroll taxes, they’re consistently up since World War II and corporate taxes have gone down dramatically from 4% of GDP to now 1.5% of GDP.” “But we hear all the lobbyists tell us the opposite which is a lot of baloney. Put me down as undecided. 😅” - Warren Buffett. Fortune. 2014
1:54

Warren Buffett on Corporate Taxation in America: “I hesitate to bring this up, but last year my tax rate was the lowest amongst the 25 people working in my office and I don’t even have any tax shelters.” “If you look at payroll taxes, they’re consistently up since World War II and corporate taxes have gone down dramatically from 4% of GDP to now 1.5% of GDP.” “But we hear all the lobbyists tell us the opposite which is a lot of baloney. Put me down as undecided. 😅” - Warren Buffett. Fortune. 2014

Ronit Pereira

23,730 görüntüleme • 1 ay önce

ELON MUSK: Europe has a serious and growing problem. “Europe has a serious and growing problem. I think you people are asleep at the switch and do not realize the magnitude of the issue. What you’re saying is total fiction. I’m simply saying that Europe needs secure borders and should not let in vast numbers of people whose views are antithetical to the accepted values in Europe and where there will not be safe cultural integration. This is simply common sense. When you have a welfare state that provides substantial benefits to anyone who comes there, you create a very powerful economic incentive for anyone below that standard of living to come to Europe. People will come if the standard of living they receive in Europe is higher than where they are elsewhere in the world.”
2:34

ELON MUSK: Europe has a serious and growing problem. “Europe has a serious and growing problem. I think you people are asleep at the switch and do not realize the magnitude of the issue. What you’re saying is total fiction. I’m simply saying that Europe needs secure borders and should not let in vast numbers of people whose views are antithetical to the accepted values in Europe and where there will not be safe cultural integration. This is simply common sense. When you have a welfare state that provides substantial benefits to anyone who comes there, you create a very powerful economic incentive for anyone below that standard of living to come to Europe. People will come if the standard of living they receive in Europe is higher than where they are elsewhere in the world.”

DogeDesigner

192,080 görüntüleme • 17 gün önce

Just days ago an American went to “The parking lot of the Department of Labor and Economic opportunity in Lansing, Michigan” This is a government office during working hours. There are essentially no cars in the entire lot. No workers even though they’re all still being paid “Take a look — Most of these workers, and 20,000 of them in the state of Michigan, they went home. They've been working from home ever since. — When you call the office, you'll get a voicemail. It'll direct you somewhere. Why are they not at work? And if they need to keep working at home, do we really need the buildings that they were in? That's a big question many people are asking. I want to know what you think about this in the comments below. When it comes to working at home. And as you can see here in Lansing, at least in this state parking lot, there's not many cars. Let me know what you're thinking about this.”
0:49

Just days ago an American went to “The parking lot of the Department of Labor and Economic opportunity in Lansing, Michigan” This is a government office during working hours. There are essentially no cars in the entire lot. No workers even though they’re all still being paid “Take a look — Most of these workers, and 20,000 of them in the state of Michigan, they went home. They've been working from home ever since. — When you call the office, you'll get a voicemail. It'll direct you somewhere. Why are they not at work? And if they need to keep working at home, do we really need the buildings that they were in? That's a big question many people are asking. I want to know what you think about this in the comments below. When it comes to working at home. And as you can see here in Lansing, at least in this state parking lot, there's not many cars. Let me know what you're thinking about this.”

Wall Street Apes

285,041 görüntüleme • 1 yıl önce

This is a smoke and mirrors tactic to try to deceive the American people into thinking that the One Big Beautiful Bill will benefit the top 10 percent at the expense of the bottom 10 percent. Ironically, the only thing Democrats are proving is that our policies are a massive success. First, they’re not measuring economic benefits to low-income earners, they’re measuring federal resources distributed. For instance, there are fewer transfer payments to people on welfare if you prohibit illegal immigrants from accessing these programs and enact common sense work requirements to stop trapping people in dependence. Second, when you allow Americans from every walk of life to keep more of their income, you lift millions out of poverty, just as we witnessed in President Trump’s first term. Democrats measure success by how many people are stuck on the welfare rolls; Republicans measure success by how many Americans are lifted off of them.
3:03

This is a smoke and mirrors tactic to try to deceive the American people into thinking that the One Big Beautiful Bill will benefit the top 10 percent at the expense of the bottom 10 percent. Ironically, the only thing Democrats are proving is that our policies are a massive success. First, they’re not measuring economic benefits to low-income earners, they’re measuring federal resources distributed. For instance, there are fewer transfer payments to people on welfare if you prohibit illegal immigrants from accessing these programs and enact common sense work requirements to stop trapping people in dependence. Second, when you allow Americans from every walk of life to keep more of their income, you lift millions out of poverty, just as we witnessed in President Trump’s first term. Democrats measure success by how many people are stuck on the welfare rolls; Republicans measure success by how many Americans are lifted off of them.

Rep. Jodey Arrington

36,722 görüntüleme • 1 yıl önce

Whatever relationship you have attracted into your life at any giving time, are the relationship you need to be in at that time . When you are ready to do a new thing , in a new way ,you will do it, with new people. There are people waiting for who you are becoming. chances are, you are not ready to meet them today. At any given moment., we are each in the process of being and becoming. We are taking in as much as we can. The road is curved, and we are beginning preparing to handle what is waiting around the corner.
1:20

Whatever relationship you have attracted into your life at any giving time, are the relationship you need to be in at that time . When you are ready to do a new thing , in a new way ,you will do it, with new people. There are people waiting for who you are becoming. chances are, you are not ready to meet them today. At any given moment., we are each in the process of being and becoming. We are taking in as much as we can. The road is curved, and we are beginning preparing to handle what is waiting around the corner.

LaStarya 💜✨💫

28,101 görüntüleme • 10 ay önce

I had predicted this in 2024. UP under Yogi Adityanath has overtaken the states of Karnataka and Gujarat in overall contribution to the economy. From 8th position to the third position in GDP contribution.❤️🔥 According to the Reserve Bank of India, at present Uttar Pradesh contributes 9.1% to India's economy, after Maharashtra and Tamil Nadu, which is the highest, and in this regard Uttar Pradesh has overtaken the states of Karnataka and Gujarat. UP slowly overtook KA and Gujarat. While KA focussed on Muslim appeasement and Language supremacy, UP focussed on Investments and inclusive growth. Apart from this, in 2016–17 the annual per capita income in Uttar Pradesh was 54,564 rupees, which became 1,09,844 in 2024–25, and in 2025–26 this same annual per capita income is going to be 1,20,000 rupees. Yogi government has released the state’s Economic Survey, according to which Uttar Pradesh’s economy, in terms of size, is now going to overtake Pakistan’s economy. Pakistan, with a population of 25 crore, has a total economy of 35 lakh crore rupees, while India’s state of Uttar Pradesh, with roughly the same population, is going to have a total economy of 36 lakh crore rupees. Yogi and the BJP have the welfare of its people and the state at heart. Congress and Siddaramiah have the welfare of the Gandhi Dynasty at heart. Yogi Adityanath well deserved. My admiration and respect.
1:07

I had predicted this in 2024. UP under Yogi Adityanath has overtaken the states of Karnataka and Gujarat in overall contribution to the economy. From 8th position to the third position in GDP contribution.❤️🔥 According to the Reserve Bank of India, at present Uttar Pradesh contributes 9.1% to India's economy, after Maharashtra and Tamil Nadu, which is the highest, and in this regard Uttar Pradesh has overtaken the states of Karnataka and Gujarat. UP slowly overtook KA and Gujarat. While KA focussed on Muslim appeasement and Language supremacy, UP focussed on Investments and inclusive growth. Apart from this, in 2016–17 the annual per capita income in Uttar Pradesh was 54,564 rupees, which became 1,09,844 in 2024–25, and in 2025–26 this same annual per capita income is going to be 1,20,000 rupees. Yogi government has released the state’s Economic Survey, according to which Uttar Pradesh’s economy, in terms of size, is now going to overtake Pakistan’s economy. Pakistan, with a population of 25 crore, has a total economy of 35 lakh crore rupees, while India’s state of Uttar Pradesh, with roughly the same population, is going to have a total economy of 36 lakh crore rupees. Yogi and the BJP have the welfare of its people and the state at heart. Congress and Siddaramiah have the welfare of the Gandhi Dynasty at heart. Yogi Adityanath well deserved. My admiration and respect.

Dr Poornima 🇮🇳

41,149 görüntüleme • 5 ay önce

Director of the charity Scope, James Taylor, tears apart Rachel Reeve's Spring Statement welfare cuts James Taylor "Biggest cuts to disability benefits for 20 years" "20% of all disabled households will be worse off" "People will be struggling to get by for years to come" "Gov say this paper will get people into work but there's no analysis of how many will get into jobs" "This seems purely about saving money" "I don't think 3.2 million people losing on average £2,000 a year on average is the right thing to do" "This will hit.. mental health, learning disability, autism, cancer, carers, young families" "Government's own assessment is disabled families will lose more than they gain as a result of these changes" "We're not spending more on welfare now than 10 years ago as the % in GDP is roughly the same" "Treasury and No 10 are looking for short term savings"
4:25

Director of the charity Scope, James Taylor, tears apart Rachel Reeve's Spring Statement welfare cuts James Taylor "Biggest cuts to disability benefits for 20 years" "20% of all disabled households will be worse off" "People will be struggling to get by for years to come" "Gov say this paper will get people into work but there's no analysis of how many will get into jobs" "This seems purely about saving money" "I don't think 3.2 million people losing on average £2,000 a year on average is the right thing to do" "This will hit.. mental health, learning disability, autism, cancer, carers, young families" "Government's own assessment is disabled families will lose more than they gain as a result of these changes" "We're not spending more on welfare now than 10 years ago as the % in GDP is roughly the same" "Treasury and No 10 are looking for short term savings"

Farrukh

61,683 görüntüleme • 1 yıl önce

This is the most important chart in all of macro and most people still don't get it. Labor force participation rate vs government debt as a % of GDP, inverted. They move in perfect lockstep. Government debt has been accumulated to offset the declining working-age population, and from 2008 onwards, that debt has been mostly just servicing old debts while interest payments keep compounding. Demographics are destiny and ours are already written. The workers for the next decade have already been born. Or rather, they haven't been. Which means the borrowing and the debasement aren't going to ease. They're going to accelerate.
1:01

This is the most important chart in all of macro and most people still don't get it. Labor force participation rate vs government debt as a % of GDP, inverted. They move in perfect lockstep. Government debt has been accumulated to offset the declining working-age population, and from 2008 onwards, that debt has been mostly just servicing old debts while interest payments keep compounding. Demographics are destiny and ours are already written. The workers for the next decade have already been born. Or rather, they haven't been. Which means the borrowing and the debasement aren't going to ease. They're going to accelerate.

Raoul Pal

243,822 görüntüleme • 1 ay önce

Mamdani on Arch/Ballroom/Club Rose Garden: My message would be that this is not what government has to be. This is not the only vision for what it looks like to have politics in this country—that is so divorced from the needs and wants of everyday people. And what we are looking to show in New York City is an alternative to what has led so many to become disenchanted with the political process. We want to show that not only can government work, but it must, and that at its core, our responsibility is to working people—to ensure that we’re doing everything to make their lives easier. That has to be what drives our actions, and for too long, government has felt more like a distraction than a fulfillment of the needs of the people who’ve been left behind by the politics of today.
1:26

Mamdani on Arch/Ballroom/Club Rose Garden: My message would be that this is not what government has to be. This is not the only vision for what it looks like to have politics in this country—that is so divorced from the needs and wants of everyday people. And what we are looking to show in New York City is an alternative to what has led so many to become disenchanted with the political process. We want to show that not only can government work, but it must, and that at its core, our responsibility is to working people—to ensure that we’re doing everything to make their lives easier. That has to be what drives our actions, and for too long, government has felt more like a distraction than a fulfillment of the needs of the people who’ve been left behind by the politics of today.

Acyn

31,743 görüntüleme • 2 ay önce