If QE Was Withdrawn....

dktreesea

JohnRo wrote: »

You're going to help administer, operate and oversee the workfare scheme in your spare time presumably?

One thing for sure, I wouldn't be administering it the way it works now, by paying the likes of Tesco and Asda a training fee so they can take on free labour and not provide them with much training at all, let alone a paid job at the end of their "training".

There is so much work needed on our infrastructure, there should be plenty of work to go around for the longer term unemployed, not to mention a useful set of skills to be acquired in the process. They could start with building proper flood defences. I'll even pick a town to get them started: Morpeth. Or how about cleaning the litter out of our creeks and streams, something that would go some way to preventing floods from occurring in the first place.

dktreesea

atypical wrote: »

A large part of a GP practice's income comes from meeting health targets, so they do have to 'care'. GPs are really good at meeting these targets almost perfectly, more than was ever expected, hence the current GP contract is more generous than was anticipated.

The problem is, the targets set (like blood pressure targets, called surrogate markers) haven't translated into real-life benefits for patients (e.g. reduced mortality). That's the fault of the incentives, not GPs, and partly because it's difficult to target-ify such a broad concept as improved health.

We all have different experience of GPs. In my case, having to be rescued by NHS24 on two occasions, both resulting in hospital and operations, one of them far more expensive than it should have been, because of the incompetence of the GPs. Even worse, they may not have been incompetent, just instead acting as gatekeepers for the specialised services they knew I required but denied me access to, because they have targets to meet, as in targets to limit the amount of care they give their patients access to.

JohnRo

dktreesea wrote: »

One thing for sure, I wouldn't be administering it the way it works now, by paying the likes of Tesco and Asda a training fee so they can take on free labour and not provide them with much training at all, let alone a paid job at the end of their "training".

There is so much work needed on our infrastructure, there should be plenty of work to go around for the longer term unemployed, not to mention a useful set of skills to be acquired in the process. They could start with building proper flood defences. I'll even pick a town to get them started: Morpeth. Or how about cleaning the litter out of our creeks and streams, something that would go some way to preventing floods from occurring in the first place.

OK so someone else can do it in their spare time then... understood.

As long as they're being made to suffer who cares whether it helps the country's finances.

Glen_Clark

dktreesea wrote: »

They could start with building proper flood defences. I'll even pick a town to get them started: Morpeth. Or how about cleaning the litter out of our creeks and streams, something that would go some way to preventing floods from occurring in the first place.

Sure, but why not a proper job with a proper wage.
Problem is councils would rather cut worthwhile jobs like that than their own £200k+++ package

SolidShot

Tomorrow we will hear what Ben Burnake say about slowing down the printing $85billion every month.

But when you think about it the first round of QE all around the world stopped then the next rounds started then stopped. Im sure they will stop and then start again in different parts of the world.

Every time they slow down or stop the stock markets go down until they turn up the QE again.

DotMatrix

Whoops !!!!!!!

A_Flock_Of_Sheep

What's happened? is there a market sale on?

DotMatrix

A_Flock_Of_Sheep wrote: »

What's happened? is there a market sale on?

Good news is now bad news ... to the stock markets that is.

Not looking good when the FTSE opens tomorrow morning.

A_Flock_Of_Sheep

How you mean? Is it going right up then or is there going to be buying opportunities tomorrow?

A_Flock_Of_Sheep

Ohh dear it does look a bit wobbly. I dread to think of the state the Nikkei 225 will be in when I wake up tomorrow!