Saturday, 12 August 2017

Roll on 5th September Parliament returns

The title of this post should be taken with a pinch of salt. The summer recess (posh term for holidays) ends and the rag tag bag of MP'S return to sort out the country and lead the nation into the  great unknown of post brexit. I never wanted to leave the EU so I am obviously being sarcastic about the subject. The MP's set to deliver us safely out of the European Market are in disarray no one has any idea of how to go about negotiation with people who once were our allies but are now almost our worst enemies. The pound is set to drop like a stone, we have already lost some 16% since the vote for Brexit.
There are so many variables in the run up to Brexit the strength of the sitting Government (weak and cobbled together with DUP) the strength of the opposition and I am not talking LibDems or UKIP. Jeremy Corbyn is in a great position to become the next prime minister. All I can tell you is the next six months could be very interesting and I for one am waiting for September 5th.

Friday, 11 August 2017

House prices falling, start of another winter of discontent?

Evidently there is a slow down in the housing market, it started in London and is radiating out from there. I am watching Homes under the Hammer as I write this post and cannot get the word recession out of my head. Is the decline in the housing market a sign off something much worse. I am old enough to have lived through four recessions and they all  started from small beginnings. We have  some  inflationary things  in the mix plus a government that has no real majority. The markets get very jittery when things are unstable, add Brexit into the equation and  maybe  the fuse  has be lit. Parliament returns after the summer recess   on September 5th. Jeremy Corbyn and the Labour party will have their attack dogs set to inflict pain upon the weakened Theresa May and her rag tag of buffons. This winter could have the making of another WINTER OF DISCONTENT but with different players. We already have a Bin collection strike in Birmingham and I can remember the 1978 binmen strikes. Then is heralded the new dawn of Conservatism and Margaret Thatcher so maybe we could see the dawn of a new era when people see that Jeremy Corbyn and the Labour Party could be the tonic we have all been waiting for.

Thursday, 10 August 2017

Austerity and the law of unintended consequences

We have been suffering Austerity measures under the Conservative Government for what seems a life time. If my memory serves me right it was about 2010 when he first announced his plans to make drastic cuts to enable the deficit to be reduced. That sounds OK. but then somewhere down the line you start to feel the cuts and to coin a phrase "the pips squeak" The Oxford dictionary puts it nicely as Extract the maximum amount of money from someone.  Scratch out someone and insert nation.
In theory if you reduce the amount of money you are overspending and pay back debt you will be better off, as you know everyone loves a theory. Type that into google and you can hear your computer groan as all the results flood in 24 million give or take.
And thats what the Austerity theory does. Gives you hope that the books will be balanced as it takes cash out of the system. In theory everything would work out fine, GB PLC would become a leaner meaner working machine output would rise more people would be in work and those extra workers would be spending and paying taxes. This is where theory and reality become a bit blurred. Where are these new jobs coming from and how will the rest of GB afford to buy the resulting products from these new jobs. Undoubtedly a few new jobs would be blue chip A1 well paid jobs and generate a little to the Governments Taxation scheme. The rest of these jobs turned out to be ZERO HOURS low paid rubbish positions and they just about put food on the table and add nothing to the spending to buy the extra products produced by the extra workers. (Keep up there at the back I know its all a theory but please pretend you know what I am talking about)
Theory works fine in theory, but the rest of us down here at the coal face actually have to put up with the resulting problems that don't show their  head until long after the PIPS SQUEAK. For a long time the NHS has been underfunded and the cuts shouldn't hurt because of the ring fence on NHS funding. It gets as much money today as it did in 2008 when the financial crisis caused the need of George Osborne to dream up squeezing people pips and a brand new leaner meaner GB PLC. otherwise known as AUSTERITY. I am sure the very nice Mr Osborne and the equally nice Mr Cameron (I am being sarcastic) never saw what would happen. I call it the law of unintended consequences. They never set out to cripple the NHS with bed blocking but due to cuts to social security budgets mean no money for home helps to ensure the sick people can be cared for in the community. The consequences of the one percent wage rise for nurses mean people leaving and less nurses result in  longer waiting lists. Todays headlines read something like FOUR MILLION people waiting for planned care in hospital.
I can go on and hi-lite mental health problems, homelessness, people trafficking, sexual explotation, and countless other  things that are the direct result of AUSTERITY AND THE LAW OF UNINTENDED CONSEQUENCES.
Thee two nice gentlemen I mentioned earlier are no longer in parliament if the were they may be feeling like the gun in the picture below was about to shoot them. Unfortunately that wont happen but the millions and millions of everday Joe Public's like myself feel the results of Austerity each and every day.