@JM_speakss Imagine thinking it's a win that your entire lineage is dying with you because you get to spend more timing watching Netflix and masturbating.
Let's clear some of this @hmtreasury confusion up for them.
Welfare budget is 330bn. Over 4 years that's 1.4trn.
Defence are asking for an 'additional' 28bn *over 4 years* (to cover agreed plans).
The Treasury are not run by serious people if they can't find 28 out of 1,400...
"Why does an American need twice as much energy as a European"
For the same reason a European "needs" twice as much energy as a Botswanan 🙌
Energy means prosperity, and Europeans lost the plot.
This tweet is a fascinating insight into the dire state of the U.K.
Mostly it’s people who find it morally abhorrent for people to be on minimum wage serving coffee.
If you can’t use the minimum wage for entry level unskilled work. What can you use it for?
Many seem to think Peter should divert his savings to subsidise higher wages effectively operating at a loss. An economically irrational thing to do. Why would you pay (and work) to lose money?
Many seem to think he should shut the coffee shop down completely, removing those jobs from the market all together. Presumably no jobs is a better outcome than minimum wage jobs.
The minimum wage is now roughly £26k a year. About what I started on as a mathematics lecturer in 2010 after I completed by PhD. I worked 60-80 hours a week.
Your take home pay on the national average wage is only £170 a week more than someone on a minimum wage job. Which in order to get you’d need to have a profession and about a decades worth of experience in that profession.
That’s like one family meal and maybe a trip to the cinema. Hardly worth a decades hard work is it? And if you’re trying to save for a property, you won’t be able to have that.
It also means that the median UK worker is a family meal and some mild entertainment away from morally objectionable abject poverty.
What a mess
@RollingHedge The best part is that passengers boarding in London only have one destination to choose from now which is essentially a big pile of rotting rubbish.
@SamCoatesSky Green's plan for spending is MMT, seen by 99% of economists as crank science, like doing homeopathy if you have cancer instead of seeing a doctor. Hyperinflation is the likely outcome, followed by societal collapse. Green voters never study economic history so don't grasp this.