Myself and many other tradespeople i know would love to take on trainees. Its just not viable or worthwhile with currrent employment rules, additionally the schemes the gov offers are a complete waste of time. We just need the gov to get out of the jobs market and stop imposing extra costs and risks on to employers.
Just finished reading @LynAldenContact's The Stolguard Incident.
Came for the technology, stayed for the characters wrestling with their consciences.
Loved how naturally the technical ideas were integrated into the story, but especially enjoyed Asim’s growing struggle with his own complicity in the system. It reminded me of Jeff Booth's “There is no they, it’s us.”
As someone who has attempted something similar with my Bitcoin novel, I’d genuinely love to know whether you think I managed to find the same balance.
My tuppence worth on the surge in NEETs... 🤔
These depressing figures are bound to lead to calls for more government intervention, but Ministers should remember the principle of "first do no harm".
The best thing that the government can do now would be to reverse some of the policies which have made the problems worse.
Businesses have been saddled with many extra costs which are actively discouraging them from employing young people.
At the same time, the benefits system is actively discouraging some young people from seeking work.
I would look at higher education too. Many modern universities are failing to prepare young people properly for the world of work, making graduates less employable. The student loan system is distorting choices as well.
There's only one reason rejoin discourse is being resurrected. Our talentless ruling class is completely out of ideas, and knowing they absolutely don't have the mandate to rejoin (in order to test their premise that our woes are the result of Brexit), they can keep using brexit as their scapegoat. They know we're not going to rejoin, and so does the media, but they know there is still a large cohort of low IQ voters who still think Britain's problems are Brexit related. It's pretty desperate stuff.
We live in a permanent state of socialism - for the rich.
Yes and this is the irony for socialists.
Our financial system is a system which extracts upwards through inflation and purchasing power.
As more money is created > money loses purchasing power > assets gain purchasing power > wage earners get poorer as wages don’t keep up > asset holders get wealthier as asset values increase too.
Further, the rich have better access to buy more assets with the newly created money.
How do I know this? I am an asset holder, I benefit, I’m telling you because I think it’s vile.
No party has made any attempt to deal with this. Why?
To deal with this means not deficit spending, which means balancing the books, which means being honest with the public, which means not making false promises to win votes.
It is a machine of lying and corruption to win power.
If you want a fairer society, inflation would be your number one enemy.
Everything else is theatre - tax the rich is theatre, billionaire whinging is theatre.
The government loves inflation as they are in so much debt it wipes it away for them. The rich love inflation as it makes the wealthier. Everyone else should treat it like the plague.
Ending inflation is the best way to reduce the growing wealth divide. If we don’t, our society will continue to hollow out and your life will get harder.
Stop voting for your own misery.
@carla_denyer There are tenants in my area openly offering to pay rents 50% above last year's rate. The landlords that choose to stay in the market will raise rents to this new rate for new tenancies. Who is winning here?
"Britain rakes in more tax from wealth than any other major economy, according to a new report. The UK raises more than any other member of the 38 OECD countries, including Spain, Norway and Switzerland which have a specific wealth tax"
https://t.co/6zd7nQiwJC
Brits are getting poorer, and it's because of government policy. We could fix it today, but we refuse to do it.
Real wage growth is stalling and there are three main reasons:
1) Inflation: Continued government deficits, much of it welfare to pay people to do nothing, has expanded the money supply without a corresponding increase in output.
2) Productivity: UK productivity growth has been a abysmal for years, largely because of...
3) Low Business Investment: An increasingly hostile business environment, with ever higher taxes and exploding red tape, means the UK has one of the lowest levels of investment in the G20.
Government has caused all of these problems and could solve all of them today by cutting spending, including on welfare, lowering taxes and simplifying the tax code, balancing the budget and reducing the regulatory burden on businesses. Instead, we're increasing welfare spending and reaping the expected reward of an explosion in the number of claimants, running perpetual deficits, we enjoy the highest tax burden in generations and keep piling more and more regulation on a struggling private sector, including the latest initiative, the Worker's Rights Bill.
Britain's economic problems are large self inflicted, and we know what to do about them. What we need is politicians who are willing to be honest with the electorate and stop pretending that the solution to every problem is more state intervention. And what are the chances of that?