Banks or Public Sectors. who has killed the West

The_White_Horse

Everyone likes to say it was the banks, but was it? really? Ok, they needed bailing out (or did they, they could have been left to fail but it was decided that it would not be a good idea to let that happen).

So can anyone say, what is the amount that has been paid to the banks in the UK since 2008 and what is the amount paid to the public sector during the same period?

nearlynew

Let's get this right...

It's not "the banks"

It's the debt-based banking system which has caused our problems. and without this system, the public sector would not exist in its current form.

Percy1983

Because the public sector has done nothing for the money?

FTBFun

nearlynew wrote: »

Let's get this right...

It's not "the banks"

It's the debt-based banking system which has caused our problems. and without this system, the public sector would not exist in its current form.

Nor would the general prosperity of the Western world either.

nearlynew

FTBFun wrote: »

Nor would the general prosperity of the Western world either.

How do you know that then?

Joe_Bloggs

Bank statements to shareholders are public documents on record. I suggest The White Horse should devote some time for the perusal of them.
J_B.

The_White_Horse

the UK earns/creates Billions a year. the public sector just takes billions out and puts little back. that is the problem. of course schools and hospitals are important but they are not the majority of the public sector.

wotsthat

If there's anyone in the public sector who wants to get out there may be a solution.

Here's a civil servant from Spain who's managed it

http://www.bbc.co.uk/news/world-europe-15183584

Percy1983

The_White_Horse wrote: »

the UK earns/creates Billions a year. the public sector just takes billions out and puts little back. that is the problem. of course schools and hospitals are important but they are not the majority of the public sector.

I don't work in a school or hospital but there would be problems for the greater public if me and my collogues all stopped working.

I will agree there has been/is waste in the public sector, but to label the whole thing as pointless is rather wrong.

Nosht

Percy1983 wrote: »

I don't work in a school or hospital but there would be problems for the greater public if me and my collegues all stopped working.

I will agree there has been/is waste in the public sector, but to label the whole thing as pointless is rather wrong.

I worked in the Public Sector for 17 years & can honestly state that waste & profliglacy was/is rife. :beer:
Our annual budget was cut from 2004 onwards & when the real crunch came we had no further savings to be made; we could not even afford ink for an out of date fax machine!
My former department had 39 employees with 1 manager & last year after "rationalisation" consisting of VER & Voluntary Redundancies finished up with 42 staff & 3 managers on a much higher wage than the previous one manager.
To this day there are still far to many managers, department heads, deputies & officials empire building on unjustifyable high rates of pay & things will never change no matter which govenment is in power.
It is the mindset which seems to infect most staff that they are all irreplacable, have a job for life & to hell with the taxpayers. :eek:

Absenteeism? Just don't start me on this !!!!

N.

Percy1983

Nosht wrote: »

I worked in the Public Sector for 17 years & can honestly state that waste & profliglacy was/is rife. :beer:
Our annual budget was cut from 2004 onwards & when the real crunch came we had no further savings to be made; we could not even afford ink for an out of date fax machine!
My former department had 39 employees with 1 manager & last year after "rationalisation" consisting of VER & Voluntary Redundancies finished up with 42 staff & 3 managers on a much higher wage than the previous one manager.
To this day there are still far to many managers, department heads, deputies & officials empire building on unjustifyable high rates of pay & things will never change no matter which govenment is in power.
It is the mindset which seems to infect most staff that they are all irreplacable, have a job for life & to hell with the taxpayers. :eek:

Absenteeism? Just don't start me on this !!!!

N.

As I say there is waste in the public sector and you have seen it there, I can assure where I am working we where all pushed and are now pushed further with no reward.