Debate House Prices


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Tory council leader believes ‘basic salary’ is 80k

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Comments

  • lvader
    lvader Posts: 2,579 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    globalds wrote: »
    I think you will find "The government " has no money ..It always spends someone else's money.

    So who did the BOE let use it's printing press ?
    Was it Labour or Alliance ? I am not sure what point your making ?

    Not making a point, just stating the obvious. The Government (Labour at the time) would have run out of money and the normal mechanism for borrowing more (issuing of Gilts) wouldn't have worked because the deficit was too large. QE was absolutely necessary and the correct thing to do. But it was effectively a bailout, the only real negative, which people blamed the BoE and the current government for was high inflation for a few years due to currency devaluation.
  • globalds
    globalds Posts: 9,431 Forumite
    lvader wrote: »
    Not making a point, just stating the obvious. The Government (Labour at the time) would have run out of money and the normal mechanism for borrowing more (issuing of Gilts) wouldn't have worked because the deficit was too large. QE was absolutely necessary and the correct thing to do. But it was effectively a bailout, the only real negative, which people blamed the BoE and the current government for was high inflation for a few years due to currency devaluation.

    Lets hope your right about the only real negative being a bit of high inflation for a few years.

    Sounds like a miracle cure.
  • cepheus wrote: »
    simply get a job where you use a lot of jargon-ridden management drivel such as:
    1. Going forward
    2. Drill-down
    3. End of play
    4. Touch base
    5. It's on my radar
    6. No brainer
    7. Best of breed
    8. Low hanging fruit
    9. Reach out
    10. Dive deeper
    11. Think outside the box
    12. Positive momentum
    13. On my plate
    14. At the end of the day
    15. Run the numbers
    16. Touch points
    17. Keep your eye on the ball
    18. Back to the drawing board
    19. Get the ball rolling
    20. Bang for your buck
    21. Close the deal
    22. When the rubber hits the road
    23. Shift paradigm
    24. Move the needle
    25. Game-changing
    26. Move the goal post
    27. Value added
    28. Win-win
    29. Across the piece
    30. All hands on deck

    I can see that you are empowered by matrix management and work with a Corporate Culture that engages with delivery systems at the right granularity. I think we should pro-actively sit down at the table and explore all available synergies....
  • CKhalvashi
    CKhalvashi Posts: 12,134 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    lvader wrote: »
    I guess simple comprehension of economics is out of your grasp.

    Simple economics is that you don't give £billions in guarantees, in exchange for a) an asset which there is go guarantee of the value going up, and b) when you are not cautious about who is using these.

    Simple economics is also not selling off assets that the public own, at half of their face value. Not only has the government done this, but it is also thinking about doing this, instead of selling one and nationalising the one that it has the larger shareholding in.
    💙💛 💔
  • grizzly1911
    grizzly1911 Posts: 9,965 Forumite
    edited 2 January 2014 at 2:13AM
    I can see that you are empowered by matrix management and work with a Corporate Culture that engages with delivery systems at the right granularity. I think we should pro-actively sit down at the table and explore all available synergies....

    Have you been on that website again? Not the one that affects your eyesight.
    "If you act like an illiterate man, your learning will never stop... Being uneducated, you have no fear of the future.".....

    "big business is parasitic, like a mosquito, whereas I prefer the lighter touch, like that of a butterfly. "A butterfly can suck honey from the flower without damaging it," "Arunachalam Muruganantham
  • ukcarper
    ukcarper Posts: 17,337 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    MrsE wrote: »
    In London, the south east & the home counties 3 x the average wage wont buy anything more than a garage, it may (may) stretch to a mobile home in some areas.
    Thats the most populated part of the uk.
    So singletons will struggle to house themselves in any sized accommodation.

    Plus 3 x the average wage is out of reach to many vital services in these areas, bin collectors, road sweepers, hospital cleaners & catering staff, school playgroup supervisors & school dinner ladies, bus drivers, post officer workers, all of these are vital services, but even as a couple getting on the property ladder will be out of their reach in lots of these areas.


    I'm not sure 3x average earnings has ever been enough in London in the South East.
  • lvader
    lvader Posts: 2,579 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    CKhalvashi wrote: »
    Simple economics is that you don't give £billions in guarantees, in exchange for a) an asset which there is go guarantee of the value going up, and b) when you are not cautious about who is using these.

    Simple economics is also not selling off assets that the public own, at half of their face value. Not only has the government done this, but it is also thinking about doing this, instead of selling one and nationalising the one that it has the larger shareholding in.

    The first one has already worked in getting the housing market up and running again. The second got a big liability off the books and was extremely generous to it's employees.
  • cepheus
    cepheus Posts: 20,053 Forumite
    edited 1 January 2014 at 11:57PM
    Governments always have money because they can print it! What they can't prevent is their currency devaluing when they do this.

    Money is merely a means of exchange for useful things. The source of all true value is human labour.
  • gazter
    gazter Posts: 931 Forumite
    Tenth Anniversary Combo Breaker
    cepheus wrote: »
    The point is this councillor and anyone else who believes that salary is average by any definition (whether Westminster, London or UK) is completely unfit for attaining a level or responsibility in local Government, and should immediately resign. It also shows more generic problems with voting in a group of elitists, they won't take sensible decisions for society as a whole.

    Medians are often used for salary assessments of a population since a few exceptionally high salaries can skew the average. Means overestimate salaries for the typical person which is the context of the quote.

    However Westminister consistently received the highest ratings in performance, in both CCA and CPA.

    It sounds to me like they are perfectly suited and its other councils who should be taking lessons.
  • http://www.purplemath.com/modules/meanmode.htm

    Can I put in a word for the bank of mum and dad ?

    For some time there has been a cleansing operation, designed to clear the economically inactive from central London and free up accommodation for workers.
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