This is why your children won’t have nice things


Was reading an article on a lefty site on why Andy ‘Mid-Staffs cover-up attempt-er’ Burnham, currently leading the polls to be the next Labial leader, is not going to win the next General Election (in May 2020…it seems).  He’s also implicated in the Labour financial clusterfuck that made the 2008 crash so much worse for the UK with its immense deficit and huge unfunded future commitments (PFI deals and golden, unfunded, pensions for the civil lack-of-service).  He also abused expenses by renting out a London property that he owned but charging the tax-payer to rent another property not very far away.  This guy is a walking, talking political liability…and he’s ahead in the race to be leader.  Woo-hoo
Makes as much sense as this guy…Stanley Unwin.  Which brings me Deep Joy.
Anyway, reading the comments I came across this explanation of the current economic and political situation.  It applies, to a greater or lesser extent, to you guys too (all of you Anglo master race).  IMHO.  The future for the politicians of the left and for the peeps.
Twinkle says:

What can the raison d’être for the left be in the 21st century where “there is no money?”
In the 20th century economic growth on average topped unfunded liabilities as the average age was noticeably lower and few lived more than a few years after retirement. This allowed increasing government spending year on year so left policies were based on wealth redistribution.

In the 21st century unfunded liabilities will rise far faster than any puny economic growth the UK could attain due to our ageing demographicshttp://www.bis.org/publ/work300.pdf Hence dumping future debt on a declining future workforce is rank stupidity.
Immigration cannot solve ageing demographics no matter what politicians sayhttps://www.spi.ox.ac.uk/fileadmin/documents/PDF/wp05.pdf

Both at EU and UK level financialization has increasingly taken over from the real economy as the returns are much better than investing in the real economy can offer. This guarantees rising inequality, low economic growth and hollowing out of the middle class http://people.virginia.edu/~ar7kf/Media/NYT%20-%20Bruce%20Bartlett%20-%20Financialization%20as%20a%20Cause%20of%20Economic%20Malaise.pdf

At both UK and EU the richest 1% ensure government is always in their pockets through lobbying http://www.dailymail.co.uk/news/article-3085342/Stop-listening-insular-ruling-elite-help-poor-Cameron-s-ex-guru-Steve-Hilton-warns-Tory-PM.html#ixzz3aTL5Gagq
Since they favour making themselves ever-richer at the cost of the 99% and hence favour further financialization then growth is the real economy will remain low.
There will not be any meaningful investment in the real economy so reducing debt will be extremely difficult.

…When an economy grows at 1 percent annually but investment returns are 5 percent, the already wealthy need to reinvest only a fifth of their gains for their fortunes to grow at the same rate as the overall economy. The rest can be spent on a sumptuous lifestyle.
Since by definition the very rich do not need to consume 80 percent of their incomes — the portion by which investment returns exceed the growth of the economy in Piketty’s model — they can reinvest most of their annual gains in the market. Over time this accumulating capital will snowball… http://www.globalresearch.ca/whats-the-primary-cause-of-wealth-inequality-financialization/5374930

Hence the UK is already moving towards a low wage economy for many. Life changes are worse for many ordinary people who a generation or two ago could expect to be able to afford to buy their own house and have a permanent job with prospects. Prospects for their children are worse today. The public are well aware of these changes.
It’s only the elite clones who are themselves part of the 1% that are clueless.

It seems that our political rulers’ conversation make as much sense to the electorate as Stanley

Still…chin up!  This’ll raise a…a smile

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Posted in economy, Politics
57 comments on “This is why your children won’t have nice things
  1. Spawny Get says:

    Click on that image to get biggerer (oo-err)

    Like

  2. FuzzieWuzzie says:

    Spawny Get,
    She cheered me up until you stated her current age at 71.
    (sniff*

    Liked by 2 people

  3. SFC Ton says:

    LOL I thought this was going to be about Baltimore or diversity

    Liked by 1 person

  4. Spawny Get says:

    Ton, that is part of it, though I reckon that you guys have that worse.

    Like

  5. Cill says:

    Spawny knows not the extent to which we derive amusement.

    Liked by 2 people

  6. Cill says:

    MUAHAHAHAHAHA…

    Still okay there Spawny?

    Liked by 2 people

  7. Spawny Get says:

    Any views on the work I’ve had done up top

    Like

  8. Cill says:

    Shite, he must be miffed about something…

    Liked by 1 person

  9. Spawny Get says:

    “Click on that image to get biggerer (oo-err)”

    A touch of Finbarr for you there and here

    Like

  10. Spawny Get says:

    No, not miffed, just winding up fembots over the Mad maxine movie elsewhere. 😉

    Liked by 1 person

  11. Spawny Get says:

    Solve all your tag-nut woes, courtesy of Viz

    Like

  12. Cill says:

    That’s vintage Spawno. You go mate.
    (the world is well again)

    Like

  13. Cill says:

    Nothing beats Pom humor, gotta say

    Like

  14. Cill says:

    It’s patently clear, the true intent of this post is Norks. Witness the breathlessly faltering “This’ll raise a…a smile”

    Liked by 3 people

  15. Spawny Get says:

    I like Iowahawk from the States. Clarke and Dawe are awesome

    Like

  16. Spawny Get says:

    And the classic

    ❤ ❤ ❤

    Like

  17. Spawny Get says:

    FIVE YEARS OLD TODAY! And the can is still being kicked down the road

    Liked by 1 person

  18. Cill says:

    Kiwi Fred Dagg acquits himself pretty well as Aussie Senator Collins. We Kiwis have invented so much. This tiny little country produced Lord Ernest Rutherford inter alia. Did you know a Canterbury cockie beat the Wright brothers by a month or so? It’s true.

    Liked by 1 person

  19. Cill says:

    Hey Liz, extend your spawnyspace time a few minutes each day. A second here, a second there. It’s tough but you can do it. You go girl! ( 😀 I’m with you Liz)

    Liked by 2 people

  20. Spawny Get says:

    Cill, just found an update email from earlier. Think we might have talked past each other a little. My sympathies.

    Liked by 1 person

  21. Cill says:

    That’s okay Spawny bro

    Liked by 1 person

  22. Cill says:

    From her I have my ancestry back to 1066 and my blue eyes and skin that doesn’t burn in the sun. I’ll miss her.

    Liked by 1 person

  23. @cill what’s this? Did you lose someone in your family? My condolences to all.

    Liked by 1 person

  24. Yoda says:

    With somber sounding title, picture of Andrea Dworkin Yoda thought you would use.

    Like

  25. Cill says:

    Man it’s tough. This is a great person gone. How can I explain it? It’s like the world is a 3 legged stool and one of those legs has just dropped off.

    Liked by 1 person

  26. Spawny Get says:

    Bloom, I’ll let Cill say. I had a new comment email from 10:26 that I didn’t catch till 13:12

    Like

  27. Cill says:

    I’ll check on her age but well into her nineties. One of the world;’s great poeple, like FB talks about. A wise teacher and mentor and mother. Strong genes – all her female progeny are petite and the males big brawny buggars. I’m proud to have protected her from harm once. Goodbye Great Gran.

    Liked by 3 people

  28. theasdgamer says:

    Had an “Oh Fakk-me” experience this a.m. I saw a pair of jeans with rhinestones on the back pockets on the sofa. They fit me. Gay jeans. Seemed a tad short, though. They were Mrs. Gamer’s size 12 jeans. Loose on her and fit me tight. I showed Mrs. Gamer and she laughed. We can wear the same clothes!

    Liked by 2 people

  29. Cill says:

    Yo gamer my mate, what you said there tickled my fancy. In the context of things, just seriously funny. 😀
    lol
    My great gran would chortling somewhere up there in the sky. That hard-nosed straight up and down capable woman would have got on with you fairly well.

    Liked by 1 person

  30. Yoda says:

    Eventually write a “Wisdom of the Ages” post you should.

    Like

  31. missattempts says:

    Our children will NOT have good things because of enviornmentalist swine.
    We cripple progress. We should have gone much deeper into space by now.
    But socialist SCUM, want a one world Marxist government where EVERYONE is
    universally dumbed down, and there is no discernable racial idenity, except the
    specially bred caucasion girls, for the brown man’s pleasure.

    Like

  32. Spawny Get says:

    “Eventually write a “Wisdom of the Ages” post you should.”

    Says the 800 year old mildewed gnome…or ‘verde’ if you prefer

    Like

  33. Yoda says:

    Though on swamp planet Degoba I do live,
    mildewy I am not.
    Mrs. Yoda’s sammiches keep this away.

    Like

  34. Spawny Get says:

    “Our children will NOT have good things because of enviornmentalist swine.
    We cripple progress. We should have gone much deeper into space by now.
    But socialist SCUM, want a one world Marxist government where EVERYONE is
    universally dumbed down, and there is no discernable racial idenity”

    I’ll go along with that much. Because there are signs of it all around us. The rest can go elsewhere, thanks.

    Like

  35. Yoda says:

    Says the 800 year old

    Wrong you are.
    900 years old I am.
    Teach Jedi for 800 years I have.

    Liked by 1 person

  36. Cill says:

    Goodnight

    Liked by 2 people

  37. Yoda says:

    Already write “Wisdom of Ages” post I have.
    But much wisdom there is.
    Capture it one should.

    Like

  38. theasdgamer says:

    Mrs. Gamer has a pair of jeans that are 6p and fit without being tight. She could probably wear a 4p if she wanted a tight fit. If she lost 15 lbs., Mrs. Gamer could probably wear a 2p tight fit.

    Like

  39. Spawny Get says:

    In that Mad Maxine thread there’s (at least one) daft bint saying women aren’t allowed to fight MMA against men because they’d ‘absolutely wreck them’. These crackpot fems have no idea how effing daft they sound. Anybody thinking that must need (stronger) meds.

    Liked by 1 person

  40. theasdgamer says:

    Those rhinestone jeans were a size 8. I checked the label. Mrs. Gamer thought that they were size 12.

    Like

  41. Liz says:

    Rhinestone jeans!?!
    Did they have a little roach clip inside one of the pockets with some desiccated old bits of weed? 😛 Think rhinostone jeans are circa 70s era. 🙂
    (of course, I’m so unhip and unobservant maybe they’re making a comeback and I haven’t noticed. But Mike would tell me. He’s like a furiously straight guy with the eye of a gay dude when it comes to ambiance and fashion)

    Liked by 2 people

  42. Liz says:

    Most people think it’s a bit freakish that my husband buys all of my clothes.
    But, no…he really does buy all of my clothes. He knows my size and what looks good.

    Liked by 1 person

  43. Liz says:

    Gamer, back then a 12 was probably a 4 now.

    Like

  44. Liz says:

    8 was like size 0.

    Like

  45. theasdgamer says:

    Idk when the jeans were made. Mrs. Gamer bought the rhinies used 3 years ago. She had 34″ hips when we married and weighed 110 lbs. Her hips are probably 35″ now.

    Like

  46. @ gamer, ot but I am just curious, do you have kids?

    Like

  47. theasdgamer says:

    RPG, yes, why?

    Like

  48. @ gamer I dunno, I’d never seen you mention either way, just random curiosity!

    Like

  49. FuzzieWuzzie says:

    Cill,
    I hope that you do find this after a good sleep.
    You have my condolances on the loss of your Grandmother.

    Liked by 1 person

  50. theasdgamer says:

    @ Liz

    Most people think it’s a bit freakish that my husband buys all of my clothes.
    But, no…he really does buy all of my clothes. He knows my size and what looks good

    …like the burka you have to wear whenever he’s away on a trip.

    Liked by 1 person

  51. Yoda says:

    New post there is

    Like

  52. Cill says:

    A belated thanks for the messages of support.

    Like

  53. FuzzieWuzzie says:

    Cill,
    We all like you and you would do as much for any of us.

    Liked by 2 people

  54. Liz says:

    “…like the burka you have to wear whenever he’s away on a trip.”

    We call it a muumuu, with hood (and cape).
    He assures me it’s all the rage these days in Manhattan.
    Silly style trends. 😉

    Liked by 2 people

  55. theasdgamer says:

    And those chastitty belts can be quite fashionable.

    Like

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