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The gathering crisis in the UK

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Re: The gathering crisis in the UK

#131
post #69
post #52

Earlier quoted context omitted.

What is 'red tape' though? No-one ever defines what red tape they would remove. Also, surely the problem at the moment is that energy prices are controlled by series of regional monopoly energy providers, the only thing stopping them from putting bills up astronomically is price controls. If you removed the regulation stopping them from raising prices energy bills will be so high that you will have rioting in central…

> What is 'red tape' though? No-one ever defines what red tape they would remove. Where do I begin? - Stop setting prices by government diktat for medical professionals' salaries and procedures. Stop preventing private enterprise from building competing clinics and hospitals. Enable public health insurance to go towards the cost of private treatments in order to reduce lines. - Stop requiring licenses for all manner…

> - Stop setting prices by government diktat for medical professionals' salaries and procedures. Stop preventing private enterprise from building competing clinics and hospitals. Enable public health insurance to go towards the cost of private treatments in order to reduce lines.

Our system doesn't work like that, but we see that system in action in other countries and it doesn't seem to work very well, our health care costs are 1/5th of the US for better outcomes (e.g compare infant mortality) and we had the one of the fastest Covid vaccine rollouts in the world thanks to our centrally controlled health care system which is free to everyone at the point of use.

> - Stop requiring licenses for all manner of jobs that don't need them. You shouldn't need a license to cut hair, be an interior decorator, and all manner of work that expensive licensing requirements do nothing to help

You don't need a license for any of those things in the UK. Pretty much the main things you need actually need a 'license' for are Electrician, Doctor. Gas plumber. Many other professions are regulated and in some cases you legally can't call yourself a member of that profession without registering and passing exams etc, but you often don't need to use a regulated professional.

> - Radically increase the speed to approve new housing and transportation development. Do a single environmental review, get 1 round of feedback, then move forwards

Whatever it is the French and Spanish are doing, we should copy that. Their costs are about 1/10th of what we are paying for HS2 and they get things done really fast. I think that the French Government has a dedicated department for building high speed rail lines that has been doing it continuously since the early 80's so they have a lot of institutional knowledge on how to get this done which we don't have here. Their rail lines are still built by private contractors but in relatively small sectional contracts to increase competition in the construction market and I think the French government exercises more control of the overall design process than ours has the capacity or knowledge to do.

> - Reduce import taxes and establish free trade agreements so goods breeze through customs from trading partner countries

I believe the UK government hasn't yet imposed border controls on items coming into the UK from the EU yet, because they have failed to set up the system, so this is already happening. But you are right that it would probably make sense to rejoin the EU customs union, then we would get all the free trade agreements back that we just lost. Then you might as well rejoin the EU to get a say in how those deals are negotiated...

> - Increase legal immigration to expand the consumer base, expand the labor supply, and allow entrepreneurial foreigners to come in and start new businesses

Agreed. There are shortages of skilled workers in many sectors of the economy at the moment. There's a huge shortage of people to look after the elderly. A lot of companies I deal with are struggling with shortages, people have given up even answering their emails in many cases. Things that used to take one email or phone call are now taking 10 calls and 10 emails over the course of months.

> - Drastically reduce corporate and income taxes to promote productive economic development

This won't affect a lot of people who are already not paying much in tax and who can't or soon will not be able to afford their electricity and gas bills, you would need to abolish income tax for a significant proportion of the working population (say everyone earning under £20k so what's that about 25-30%?) to offset just the rising energy costs. If you want to stimulate the economy you need to have workers earning enough money to have some disposable income. E.g. the NHS employs about 1/10th of the working population of Britain, they have received real terms pay cuts over the last 13 years, therefore 1 in 10 workers has less disposable income to spend in small businesses like pubs and hairdressers thereby depressing the economy; Britain's economy has been stagnant since 2008 this is one of the reasons why. Thousands of years ago, in a crises, the Mayans dispensed grain for the population from their central repositories. The government needs to do the same thing (metaphorically) now to prevent economic hardship. Also, reducing corporate income tax doesn't stimulate growth, it suppresses it because it makes it easier to take money out of businesses instead of reinvesting it in making the business more productive; If a business buys something, it doesn't pay tax on the money it earned before it buys things it pays tax on profits after the cost of the things it has bought have been deducted. Buy new machines; tax free. Pay out to shareholders; not tax free.

Re: The gathering crisis in the UK

#132
post #93

Earlier quoted context omitted.

Are you talking about the budget deficit? It’s not really like a pot you only look into when times are hard since it’s constantly known. I really like your metaphor, but it is misleading.

It's not the budget. It's the hidden cuts to services, the declining maintenance to infrastructure, the privatization of essentials. Those are the licks they take from the pot, while they tell you the pot is still full.

Apologies but what money is spent on in the UK is public information —- it is part of the budget. The fat cat and the hoodwinked mouse is a poor metaphor.

Re: The gathering crisis in the UK

#133

I think Brexit has allowed a sort of nihilism to creep into U.K. politics. If you can live with a policy that has such a demonstrable adverse effect on the economy and so many other things then why worry about the impact of other policies. The standard approach for the government now seems to be to look for short term wins in the tabloids and ignore the long term. And this is on top of the huge distraction that Brexi…

> The standard approach for the government now seems to be to look for short term wins in the tabloids and ignore the long term. Was this ever not the case?

Tabloids have only existed for 150 years or so. Before them, most newspapers thought their role was to help voters and investors make good decisions.

Re: The gathering crisis in the UK

#134

Earlier quoted context omitted.

It's not the budget. It's the hidden cuts to services, the declining maintenance to infrastructure, the privatization of essentials. Those are the licks they take from the pot, while they tell you the pot is still full.

Apologies but what money is spent on in the UK is public information —- it is part of the budget. The fat cat and the hoodwinked mouse is a poor metaphor.

The pot in the parable is also public information - the mouse could have just opened the lid every now and then to check the levels.

It doesn't matter how public it is. It matters whether the public actually knows about it and understands it.

Re: The gathering crisis in the UK

#135

Earlier quoted context omitted.

Without NASA there would not be a SpaceX.

You cannot know that. NASA flew shuttle payloads for decades at a substantial loss. Who knows what aerospace companies might have filled that void.

I don't recall the NRO or the military using the shuttle much. The shuttle flew for NASA projects. No NASA, no projects.

Re: The gathering crisis in the UK

#136

Earlier quoted context omitted.

From an energy security standpoint being net neutral or better is good but is the US insulated from fossil fuel prices? From a market perspective I would have thought a decrease in supply (say sanctions on Russian oil) would up the price of oil. This would effect domestic oil prices as well since either the domestic producers also participate globally or other sources of oil available domestically are also available…

> is the US insulated from fossil fuel prices? To a large degree, yes [1]. The US is affected by oil prices globally, but if OPEC decides to cut off the US it wouldn't have the same effect that Russia is having on the EU right now. > also participate globally In crises, the US has the option to restrict exports. The EU does not have that option because it is not a net producer of fossil fuels. [1] https://www.iea.org…

Wow, that chart is quite compelling.

Re: The gathering crisis in the UK

#137

Earlier quoted context omitted.

Their financial empire still remains strong, as a conduit or storage tank for illicit flows from corrupt countries worldwide (a kind of Switzerland with a large population and areas for investment).

London is the money laundering capital of the world. That's literally all we have left.

Brings a whole new meaning to "Singapore on the Thames" eh

Re: The gathering crisis in the UK

#138

I think when discussing this, it should be recognised that there is ample evidence that Russia has worked last several years to undermine the stability of western democracies. Brexit vote and resulting chaos being one glaring result. I am suggesting that we are just starting to understand the magnitude in which Russia has been able to cause havoc in the west by taking advantage of our freedoms. Link: https://en.m.wik…

What are you claiming? That Rupert Murdoch and his children are Russian sleeper agents?

Re: The gathering crisis in the UK

#139

Earlier quoted context omitted.

As much as I want socialized medicine in the US, I worry when look at Britain and see how a wave of regressive politicians can damage carefully built government institutions so quickly

>so quickly it's been 43 years, as the author points out

But the last decade has been especially bad, and the last two years even worse than that.

Re: The gathering crisis in the UK

#140
post #25

I think when discussing this, it should be recognised that there is ample evidence that Russia has worked last several years to undermine the stability of western democracies. Brexit vote and resulting chaos being one glaring result. I am suggesting that we are just starting to understand the magnitude in which Russia has been able to cause havoc in the west by taking advantage of our freedoms. Link: https://en.m.wik…

Despite a 24/7 media campaign to suggest otherwise, there is no proof that Russia actually did this. The first line of your link agrees. I think the relentless scapegoating by Western elite of Russia/China/Iran/COVID/$CURRENT_BOGEYMAN/etc. is the real problem. They are avoiding responsibility for a collapsing system, which is only going to allow that collapse to continue.

There is tons of evidence? Some European right wing parties even freely admit to receiving Kremlin money.

It's not seen by anyone I know as scapegoat either; they're fanning existing flames. No more, no less.

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