@Victoria_Spratt Any increase in benefit expenditure would be directly offset 1:1 by increased rent revenue.
In practice this would be fiscally positive as not all tenants would be made eligible for benefits to cover the rent increase.
@rcolvile There is a really basic point he is trying to make that infrastructure investment developed/backed locally/regionally is likely to face much less opposition and be more cost efficient & effective than dictated from above.
@portraitinflesh 90% of HMG's policy difficulties can be ascribed to: there is not enough money.
There is not enough money because the economic returns from outside the south-east (and somewhat Scotland) have been dire for the last 40 years.
The answer to how to change this is not in London.
@maxtempers For Devomaxxxing to work, freedom to adjust tax rates locally in some ways is essential. The north is undertaxed and needs to be able to raise taxes to spend on the fundamentals of growth infrastructure - transport, r&d etc.
@TheStalwart Businesses paying $25k a seat for high end engineering software, or even the Terminal aren't exactly out of the ordinary, just hasn't really applied to software before.
Have to get above maybe $40k/yr before we're getting seriously disruptive to economic models I think.
@GergelyOrosz@lapupss If you're looking at a major change in direction, this naturally selects to remove those that have the least incentive of getting with a new program.
@BernoulliDefect Could equally argue to maximise productivity gains while you still have some because you never know when you'll go sclerotic.
E.g. imagine if we had spent much less on infra while we could still do it cost effectively.
@s8mb@james1071 Yes indeed, there are already giant transfers.
We'll only really start getting somewhere when there are tax raising powers, as well as some 'fixed' tax upside.
One size fits all really falls over when the economy gets this unbalanced.
@Philip_Redhair@lewis_goodall Yeah, that too.
Precious few seem to understand that every piece of casework they do is them failing at their job, not succeeding.
@lewis_goodall Has to be considered together with the complete destruction of any power or agency at local government level. So many issues that should be solvable at local level now have to go to one national body or another