Skinner

does anybody have any orange slices

[Skinner @dan_skinn]

my dog when i press the release on the stretchy lead

[Daniel Priestley @DanielPriestley]

Socialists imagine a class struggle. In their made-up fantasy the CEO is in competition with low level workers, the wealthy entrepreneur is stealing from the underpaid nurse.

In reality, workers do not compete vertically they compete horizontally.

Entrepreneurs compete with entrepreneurs. Investors outbid each other. CEOs are benchmarked against other CEOs. Nurses are hired from a pool of nurses. Etc.

The CEOs pay has no correlation to the entry level workers. The Football star on £300K a week isn’t linked to the person selling drinks in the stadium. A biotech entrepreneur raising VC capital isn’t paid relative to a cleaner.

What is linked is the demand and supply dynamic of each role.

If a company places an ad for a qualified truck driver and 150 people apply for the role, then the company knows it does not need to increase wages for that role. If the company has an open role for months, it is forced to look at the compensation package.

Same for a CEO. A board representing shareholders would like to hire a CEO for a lot less if they could. Their dream scenario would be to hire a CEO who brings in institutional investors, attracts top executives, drives innovation and growth, keeps margins steady and is a good public face for the business even under pressure. It turns out there aren’t a lot of these people looking for work and if you want one you have to pay more than other companies are offering.

The class struggle isn’t vertical it’s horizontal. CEOs are in competition with CEOs. Retail workers are in competition with retail workers. Demand and supply dynamics set the price.

Sure you can say that a CEO want’s profitability and would like wages to be lower BUT it’s not up to the CEO - demand and supply tension sets the price of workers. An Airline like RyanAir would like free pilots if they could get them but they can’t… so they pay the market rate.

The reason incomes are rising at the top and falling at the bottom is not class warfare. It’s technology and globalisation.

Technology makes basic jobs simple, remote or fully automated. At the same time tech makes executive roles more leveraged, more important and more valuable.

A CEO used to run a smaller organisation. Today a CEO who’s 2% better on a $5B company is generating $100M more. Seems sensible to try and pay a few million to get $100M.

Globalisation has put workers from all over the world in completion with each other - downward pressure on wages. Globalisation has given CEOs more market opportunities to explore - upside opportunity to unlock.

The rich are not very interested in buying houses that poor people own. The poor are not buying up the homes the rich want. They are separate groups living separate lives. Try finding the genuinely rich people whose strategy is to hoard normal residential homes - it barely exists as a thing. About 85% of landlords are people who own 1-4 properties. Super-landlords (100+ properties) are 0.2% of landlords and own a tiny fraction of the 30M homes in the UK… and they’re heavily taxed.

Class warfare isn’t real. It’s an imagined war in the minds of socialists.

Demand and supply dynamics are real. To the degree it is measured in class, it’s a horizontal competition not a vertical one.

[Alan Smith @AlanJLSmith]

Tax his land, Tax his bed,

Tax the table, At which he's fed.

Tax his tractor, Tax his mule,

Teach him taxes are the rule.

Tax his work, Tax his pay,

He works for peanuts anyway!

Tax his cow, Tax his goat, Tax his pants, Tax his coat.

Tax his ties, Tax his shirt, Tax his work, Tax his dirt.

Tax his tobacco, Tax his drink, Tax him if he Tries to think.

Tax his cigars, Tax his beers, If he cries Tax his tears.

Tax his car, Tax his gas, Find any way To tax his ass!

Tax him all he has, then let him know

That you won't be done Till he has no dough.

When he screams and when he hollers;

Then tax him more, take all his dollars

Then tax his coffin, Tax his grave,

Tax the sod in Which he's laid...

Put these words Upon his tomb:

‘Taxes drove me to my doom...'

When he's gone, Do not relax,

It's time to apply Inheritance Tax!

#BudgetDay

[Rob Moore @robprogressive]

Socialism is when you take £10,000 from one productive person who works & give £1,000 to 10 people who do not work, and then blame the one productive person for all the country’s problems so the 10 people will vote for you

Then the productive people leave & the system implodes on itself

[Nigel Farage @Nigel_Farage]

This is Reform UK’s economic vision for Britain.

Watch my full speech in London today. ⬇️

[Jeremy Clarkson @JeremyClarkson]

@MarkoArcabic Not a bad idea. Make her work all day. And then give 25 percent of what she earns to someone who can’t be arsed to get out of bed.

[mila³.⋆♱🇦🇷 @verstappenlvr33]

IM GOING INSANE THIS EDIT IS CRAAAZYYYYYYY

[kira 👾 @kirawontmiss]

the donkey cracking up because the dog got scared 😭😭

[Skinner @dan_skinn]

Should be perfectly legal to ram these 15mph drivers off the road. Menaces to society

[Casey Lawrence @LeanandCuisine]

That’s my secret cap….I’m always stressed

[F1 TROLL @f1trollofficial]

Both Red Bull out in Q2

[Skinner @dan_skinn]

LANDOOOO 😂😂😂

[pauline 🦦 @simplyloveIymax]

LANDO BROKE MAXS TROPHY 😭

[Vincenzo Landino 🏎️ @vincenzolandino]

With the GP canceled this weekend, I would love to see @F1 get the drivers together for a virtual Emilia Romagna Grand Prix, with proceeds going to help the local area.

Partner with @Twitch, have all 20 drivers compete, and race Imola with old V10 cars. Sell tickets for $20.

[Formula 1 @F1]

King. Of. The. Streets 👑

#AzerbaijanGP @SChecoPerez

[Out of Context Human Race @NoContextHumans]

https://t.co/tbmRiMdKYY

[Skinner @dan_skinn]

😂😂😂😂😂😂😂😂

[Scottish Patter @ScottishPatterr]

A cannae see https://t.co/eyfa4V3N5r

[Ronnie O'Sullivan @ronnieo147]

That awkward fist bump / high five moment 😫

[DiscussingFilm @DiscussingFilm]

Brendan Fraser’s emotional acceptance speech at the #CriticsChoiceAwards

See the full winners list: https://t.co/7bQikYH6Le

[Skinner @dan_skinn]

@SkyNews Why would you publish this on the internet?