Announcement

Collapse
No announcement yet.

Busteroid-Sized Aus Purtles Hast Top

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • Busteroid-Sized Aus Purtles Hast Top

    From the Daily Taliban


    Parts of Britain are now poorer than Poland, Lithuania and Hungary, official figures reveal.

    People in the Welsh Valleys and Cornwall - Britain’s two poorest areas - scrape by on less than £14,300 a year on average.

    Because Britain is so expensive, this leaves families in these areas worse off than those vast swathes of Eastern Europe, according to an EU study.

    In Lincolnshire and Durham, the next two poorest areas in Britain, people live on less than £16,500 a year.

    This puts them in the same bracket as Estonians and rural Poles, once prices are taken into account.

    Britain as a whole fares a little better, with average earnings of £23,300 - just over the EU average of £20,750. But this still leaves us out of the top 10 wealthiest countries in the EU.

    And this figure is propped up by Europe’s runaway richest region – inner London. In the heart of the capital the average GDP per person is £71,000 a year.

    This is 321 per cent of the average across the EU, according to Brussels’s official statistics arm Eurostat.

    But central London’s soaring wealth has failed to trickle down to much of the rest of the country, the figures suggest.

    Britain’s seven most hard-up areas - including Lancashire, Leicestershire, South Yorkshire and Staffordshire - are poorer than ANY region in Belgium, Denmark, Germany, Ireland, Finland, France, Luxembourg, the Netherlands, Sweden and Austria.


    Not really a surprise, but nice that someone finally made a study. EU, no less

    Tricke down into the abandoned abyss.

    Scots will do well to take this once in a lifetime chance and run away from the iron grip of the City.
    Socrates: "Good is That at which all things aim, If one knows what the good is, one will always do what is good." Brian: "Romanes eunt domus"
    GW 2013: "and juistin bieber is gay with me and we have 10 kids we live in u.s.a in the white house with obama"

  • #2
    One thing Texas has done well is with the Texas Enterprise Fund. It basically pays subsidies to companies to move their operations to Texas. Of course, that is not the free market at work and letting politicians dole out cash like that make corruption and cronyism that much easier but it does seem to work to lure companies.

    Perhaphes the UK could do something along those lines or copy Norway's policy of giving cash grants to anyone who wants to start a business and who completely their required business plan work shops and mentoring program.
    Try http://wordforge.net/index.php for discussion and debate.

    Comment


    • #3
      Growing income inequalities can only lead to one thing.
      "I am sick and tired of people who say that if you debate and you disagree with this administration somehow you're not patriotic. We should stand up and say we are Americans and we have a right to debate and disagree with any administration." - Hillary Clinton, 2003

      Comment


      • #4
        UK is in the grip of the City, and everything is geared towards it (be it legally, infrastructure wise or informally), compared to Wall Street & US it is 7x the size in relation to UK economy.

        They would do the best to devolve, Scots can do it first, and than the rest of the country later ... there can just be no happy marriage between the two, as "spreading" wealth is not exactly in City's interests, and given their "enshrined" position they are effectively running the country in their best interests, which is not exactly in the interest of just about anyone else not tied to it directly - that being vast majority of the country.

        The tie in UK between the City and the government is historical and extremely strong, goes back to middle ages - so there is no "breaking" it. The problem is that it is also impossible that the City somehow starts acting in the interest of the provinces, as there is no direct benefit, they are neither elected or have any even marginal interest in how is "the rest" of the country run. While the elected government is in principle steered by them. Which results in lack of regulation for the financial industry, and lack of support for just about anything else.

        The one real break from it, was just after WWII with Clement Atlee, but soon thereafter the grip was coming back, and after Thatcher - the Iron grip has returned, with expected effects highlighted above.
        Socrates: "Good is That at which all things aim, If one knows what the good is, one will always do what is good." Brian: "Romanes eunt domus"
        GW 2013: "and juistin bieber is gay with me and we have 10 kids we live in u.s.a in the white house with obama"

        Comment


        • #5
          Originally posted by PLATO View Post
          Growing income inequalities can only lead to one thing.
          Up against the wall!
          AC2- the most active SMAC(X) community on the web.
          JKStudio - Masks and other Art

          No pasarán

          Comment


          • #6
            Originally posted by Buster's Uncle View Post
            Up against the wall!
            Yep. Maybe people should keep armoured vehicles and anti-aircraft rockets in their basement like Eastern Ukrainians do.
            "I am sick and tired of people who say that if you debate and you disagree with this administration somehow you're not patriotic. We should stand up and say we are Americans and we have a right to debate and disagree with any administration." - Hillary Clinton, 2003

            Comment


            • #7
              Originally posted by Dinner View Post
              One thing Texas has done well is with the Texas Enterprise Fund. It basically pays subsidies to companies to move their operations to Texas. Of course, that is not the free market at work and letting politicians dole out cash like that make corruption and cronyism that much easier but it does seem to work to lure companies.

              Perhaphes the UK could do something along those lines or copy Norway's policy of giving cash grants to anyone who wants to start a business and who completely their required business plan work shops and mentoring program.
              I am not aware of it, or how it works in principle, except that Texas is doing rather well economically, whether this is the reason or something else.

              In my view UK is failing on many levels for years, and the oil boom in 80's and credit boom in 00's just hid the facts about that the way the country is run, which I guess is showing in more light.

              UK is a bit like Aston Villa - they spent the millions (billions) on wrong players, and what do you do now - be happy not to get relegated while trying to rebuild. (except that current Lib-Con gov is not exactly rebuilding, they are doing more of the same as last four predecessors).
              Socrates: "Good is That at which all things aim, If one knows what the good is, one will always do what is good." Brian: "Romanes eunt domus"
              GW 2013: "and juistin bieber is gay with me and we have 10 kids we live in u.s.a in the white house with obama"

              Comment

              Working...
              X