This Could Be The Biggest Recession Since The 1930s

[Anna B 1,414]

1 minute ago, harvey19 said:

We had manufacturing industries in those times including the steelworks. The government allowing cheap imports into the country killed most of these industries.

whilst much of the work was hard, dirty and with long hours it gave many a pride in what they were producing.

Indeed. 

 

Exactly what do we produce today?

[Padders 2,872]

1 minute ago, Anna B said:

Indeed. 

 

Exactly what do we produce today?

Were quiet good at  producing diabolical governments.

[crookesey 635]

40 minutes ago, Anna B said:

Indeed. 

 

Exactly what do we produce today?

Our Universities produce thousands of graduates that can only find work in the public sector, you can’t reinvent cutlery & steel manufacturing along with quality engineering.

[Dromedary 166]

39 minutes ago, Anna B said:

Indeed. 

 

Exactly what do we produce today?

Money thanks to London! plus we still export a great deal.

 

The UK,  although down a bit recently, is still fairly healthy and the 6th largest economy in the world in terms of GDP.

 

https://en.wikipedia.org/wiki/Economy_of_the_United_Kingdom

 

[Anna B 1,414]

2 hours ago, Dromedary said:

Money thanks to London! plus we still export a great deal.

 

The UK,  although down a bit recently, is still fairly healthy and the 6th largest economy in the world in terms of GDP.

 

https://en.wikipedia.org/wiki/Economy_of_the_United_Kingdom

 

So why are the government always claiming they can't even afford the basics, like care for the elderly?

[Dromedary 166]

5 hours ago, Anna B said:

So why are the government always claiming they can't even afford the basics, like care for the elderly?

Share a link stating that and I will comment on it.

[Chekhov 488]

On 06/08/2022 at 10:39, crookesey said:

I suppose that if we try hard enough we could talk ourselves into a recession, the Russians think that they have started WW111, however it’s failed to kick off. My optimistic view is that there will be a break through, sooner rather than later, after all folk had bog all to loose in the 30’s.

Even if the war in Ukraine finished tomorrow we will still go into recession because the main reason this is happening is we suppressed much of the world's economy (to a greater or lesser extent) for up to two years. Many countries are still not back to normal.....

 

Fuel prices were going up before Ukraine, though not to the same extent I grant you :

 

Edited August 8, 2022 by Chekhov

[El Cid 220]

14 hours ago, Anna B said:

So why are the government always claiming they can't even afford the basics, like care for the elderly?

Was it ever the job of government to care for the elderly?

That would have been down to the family, or the NHS if you meant to say caring for the sick.

[Dromedary 166]

20 minutes ago, El Cid said:

Was it ever the job of government to care for the elderly?

That job is normally up to the Local Authority to carry out. 

 

It's the LA's that are complaining about lack of money and yet like to waste it at the same time.

 

[Anna B 1,414]

46 minutes ago, CaptainSwing said:

I think the theory is that the elderly should be paying for their own care out of the money they've saved from all those tax cuts; and that the care itself should be cheap and of top quality because of the efficiencies introduced by delegating it to the private sector.

When care is costing upwards of £1,000  a week for very little, l wouldn't call it cheap or top quality. In fact in many cases it's dire. 

As with most things delegated to the private sector, it has just become an opportunity for greed and profit taking by the big companies, most of which are domiciled in tax havens abroad.

Edited August 8, 2022 by Anna B

[L00b 441]

On 06/08/2022 at 18:40, Gormenghast said:

Quite true, and it took that long to recover.  The time for younger people to complain is when they're  reaching the end of their careers if they haven't survived the harder times.

Ah. God forbid young people complain, while they’re still young enough for their complaints to yield a positive effect on their future careers.

 

Because based on voting intentions of the 65+, who reached their career zenith in Blair’s Cool Britannia decade, the current evidence is that by the time they’re reaching “the end of their careers”, they’re too busy pulling the ladder behind them.

 

😏

[harvey19 541]

1 hour ago, Anna B said:

When care is costing upwards of £1,000  a week for very little, l wouldn't call it cheap or top quality. In fact in many cases it's dire. 

As with most things delegated to the private sector, it has just become an opportunity for greed and profit taking by the big companies, most of which are domiciled in tax havens abroad.

The fact that some have to pay and some do not is a very unfair system. This country can talk about the subject but do not make the system equal for all.

 The country have money to fund people arriving here illegaly and send millions to the Ukraine but it seems nothing to fund the elderly care of those who have worked and paid into the system all their lives.