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Big budget thread
 

Big budget thread

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Did my ears deceive me or was cheap electricity mentioned in regards to the Hinckley nuclear power station?

About bloody time. I was assured in the 1960s that electricity produced by nuclear power stations would be so cheap it wouldn't be worth metering.


 
Posted : 15/03/2023 6:59 pm
kelvin reacted
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Anything about the green Revolution?
Housing, technology?


 
Posted : 15/03/2023 7:02 pm
funkmasterp and kelvin reacted
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Nothing about renewables, another big bet on carbon capture and nuclear (jam tomorrow that we’ll never get to actually taste).


 
Posted : 15/03/2023 7:07 pm
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Interesting that JC used the phrase “Work is a virtue”.... seems GL was onto something.... as

Arbeit macht frei

comes from the title of a book called

Arbeit macht frei: Erzählung von Lorenz Diefenbach

which espouses "Virtue through Labour"!


 
Posted : 15/03/2023 7:10 pm
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So, once again, the working population are having their taxes stealthily increased to pay for keeping the boomers in the lifestyle to which they’ve become more than accustomed

The one where they stand still and the whole ****ing world revolves around them 🙄


 
Posted : 15/03/2023 7:10 pm
 rone
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So, once again, the working population are having their taxes stealthily increased to pay for keeping the boomers in the lifestyle to which they’ve become more than accustomed

Taxes don't pay for that at all.

That's why you need to adopt pushing back against fiscal responsibility.

Because, the more they try and balance the books the more a government will try to remove money via taxation from the wrong groups of society.

Conversely when a government chooses to spend we can all be net benefactors.

There is no government offering this approach though so you're stuffed currently.

This is why fiscally responsible government accounting harms its electorate.


 
Posted : 15/03/2023 7:27 pm
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Put bluntly, the difference between £17k and £18k net per year might be as big as keeping a house or being homeless. The difference between £18k and £19k is 2 weeks all-inclusive holiday somewhere cheap (or whatever you like, it’s discretionary). Then the same 5% pay rise on £60k is a new MTB? Trip to the Caribbean? Deposit on a PCP “Executive Saloon”?

What decade are you basing your analogy on!? A family on a joint income of £60k aren’t living the dream anymore - mortgage, transport, heating, food, child care - make a massive dent in that.


 
Posted : 15/03/2023 7:32 pm
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At the very least they could remove vat on doing retro fit insulation in current housing.

Subsidising gas heating only passed the gov money to the energy companies which we pay for in taxes.


 
Posted : 15/03/2023 7:34 pm
kelvin and funkmasterp reacted
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5% pay rise on £60k

£3k doesn't get much of an all inc for a family these days unless you like sharing your Cerveza in Shagaloof with Bob from Essex, his wife & six children for 7 days at a time.


 
Posted : 15/03/2023 7:37 pm
 rone
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Look how pissed the OBR v BoE forecasting is.

Lol.

https://twitter.com/BenChu_/status/1635997235916800002?t=CwaOL4RWSj91dyd_TptibQ&s=19


 
Posted : 15/03/2023 7:40 pm
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How about we bring in child labour for the under five? Solves the need for child care, wrap around care etc. Bonus is they can be paid with fruit shoots and cheap toys!


 
Posted : 15/03/2023 7:49 pm
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Was there anything about an extra £350m a week for the NHS?

Pfft, at least 2 years worth of that was sensibly used spunked on that useless track and trace system


 
Posted : 15/03/2023 7:50 pm
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Really?

Higher and additional rates are, I believe, subject to annual change as they have not been frozen.

I was refering to the 40% and 45% bands. Hence, with less selective quoting you would have included the bit about not thinking the minimum wage should be taxed.

What decade are you basing your analogy on!? A family on a joint income of £60k

No, but they are on 2x 150% of the NMW, which while not as high as it should probably be, is still a reasonable proxy of the breadline.

I was on the NMW 5 years ago, it's uncomfortable, but survivable. Hence my point that tax should start at that point, and ramp up. One way or another every pound we earn is going on something more discretionary than the last.

£3k doesn’t get much of an all inc for a family these days unless you like sharing your Cerveza in Shagaloof with Bob from Essex, his wife & six children for 7 days at a time.

Point proven, there's a whole demographic of the population below you that would quite like a holiday at all, while you're turning your nose up at their options.

Does Bob deserve any holiday at all Vs me making a decision between spending the extra on Bike Verbier Vs Switchbacks? Or does someone in the public services deserve a pay rise Vs my discretionary choice of expensive holidays.

People on £30k have £10k more discretionary spending power than those on £20k who have effectively zero. Extrapolate to £57k.....


 
Posted : 15/03/2023 8:19 pm
kelvin reacted
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tins - your post was unclear but is now a little clearer.
My quote was not selective; I used your first sentence in full.


 
Posted : 15/03/2023 8:33 pm
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another big bet on carbon capture 

oh god we are doomed


 
Posted : 15/03/2023 9:15 pm
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oh god we are doomed

There's a couple of potentially worthwhile projects in the pipeline to decarbonise industrial gas on Teesside and domestic gas arround Whitby.

I'm not wholly convinced but they're definitely worthwhile large scale experiments.

The idea of creating hydrogen from renewable electricity is a bit of a pipe dream, but there's probably room to decarbonise natural gas.


 
Posted : 15/03/2023 9:24 pm
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The idea of creating hydrogen from renewable electricity is a bit of a pipe dream, but there’s probably room to decarbonise natural gas.

Easier, quicker, raises considerably more money (or "is much cheaper" depending on which way you look at it)

https://www.carbonbrief.org/analysis-fuel-duty-freeze-has-increased-uk-co2-emissions-by-up-to-5-per-cent/

But no, got to play around with random untried technology that "might" help a decade down the line while we pander to "the hardworking motorist".

****s.


 
Posted : 15/03/2023 9:44 pm
kelvin reacted
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@thisisnotaspoon:

No, but they are on 2x 150% of the NMW

Wow. 2 x 150% of poverty. Because that's what the NMW is. What hate you must have for people to want to drag the only just comfortable back into "breadline" - as you called it.

Lets not even kick the rich. Lets just kick people who are doing "OK" eh?


 
Posted : 15/03/2023 9:58 pm
 5lab
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there's a view that having tax on the nmw (rather than just having a slightly lower minimum wage) helps as it makes people feel more like they're contributing to society. I don't know the ins and outs of it, but it sounds sensible.


 
Posted : 15/03/2023 11:01 pm
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the wife works for a company in the child care sector senior management reaction "Idiotic" "will cause chaos" "poorly thought out" "will accelerate nursery closures" :/


 
Posted : 16/03/2023 11:11 am
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£3k doesn’t get much of an all inc for a family these days unless you like sharing your Cerveza in Shagaloof with Bob from Essex, his wife & six children for 7 days at a time.

TUI is currently offering 7 days all inclusive package to Bay Gardens Marina Haven, flights from London, two adults and two kids, dep 27 April for £3266. That sounds very nice to me. Plenty of people would love a holiday in Magaluf...


 
Posted : 16/03/2023 12:18 pm
kelvin reacted
 5lab
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TUI is currently offering 7 days all inclusive package to Bay Gardens Marina Haven, flights from London, two adults and two kids, dep 27 April for £3266. That sounds very nice to me. Plenty of people would love a holiday in Magaluf…

its an extra grand during the easter holidays, and doesn't have enough beds for 4 people to sleep in. otherwise great.


 
Posted : 16/03/2023 1:00 pm
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So now we're going from "£3000 doesn't get you all inclusive in the Caribbean" to "£3000 doesn't get you all inclusive in the Caribbean at short notice and with separate rooms for the kids"? 🤣


 
Posted : 16/03/2023 1:50 pm
 5lab
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So now we’re going from “£3000 doesn’t get you all inclusive in the Caribbean” to “£3000 doesn’t get you all inclusive in the Caribbean at short notice and with separate rooms for the kids”?

more £3000 won't buy you enough beds to sleep in during the school holidays


 
Posted : 16/03/2023 2:34 pm
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