ChrisMayLA6, to Health
@ChrisMayLA6@zirk.us avatar

You'll be unsurprised that the Institute for Fiscal Studies has confirmed 'extra' NHS spending promised by the Tories was eaten up by inflation;

this is what happens when the focus is no nominal not real (inflation-adjusted) values.

Its been obvious that the defunding of the NHS was at least partly achieved by being publicly obscure (with media collusion) about inflation-adjusted funding & instead trumpeting absolute/nominal funding increases.


https://www.theguardian.com/business/article/2024/may/14/nhs-spending-rise-lags-behind-tory-funding-pledges-ifs-finds

SiR_GameZaloT, to pakistan
@SiR_GameZaloT@paktodon.asia avatar

As usual, #IMF enforcing capitalists' debts over #Pakistan by forcing #austerity over a #ClimateCrisis stricken country, while (2 years on) promised funds by international banks remain #Greenwashing stunts.

'..why there has been a delay, Mr Ye said that the amount pledged was for reconstruction.. "..the new climate risk profile and the possibility that these areas may be flooded again,”...'

No shit sherlock!

https://www.dawn.com/news/1833000/adb-links-support-with-imfs-clean-chit

#GlobalSouth #ClimateChange #PakistanFloods #ClimateDiary

ChrisMayLA6, to Health
@ChrisMayLA6@zirk.us avatar

Another day, another part of the NHS beset by crisis & workforce problems (here the toxic combination of de-funding & de-skilling) as cash-strapped GP practices cannot afford locus GPs & are shifting to 'associate' positions... if you think this looks like the Teaching Assistant move in schools you'd not be wrong.

Its just another aspect of the Tories attack on professions via budget cuts & 'facilitating' their work to be done by the un(der) trained.

#health #austerity
https://www.theguardian.com/society/article/2024/may/12/england-locum-gps-doctors-work-surgeries-british-medical-association

br00t4c, to random
@br00t4c@mastodon.social avatar
ChrisMayLA6, to random
@ChrisMayLA6@zirk.us avatar

@sjwrenlewis explores relations between the Public debt/GDP ratio & 'tax smoothing' to manage higher levels of debt when particular expenditure seems both necessary & prudent, but when taxes should be more stable.

If you have a Direct Debit to pay for their energy bills, 'tax smoothing' is like the DD while public debt changes are like your shifting energy use.

I don't like the household metaphor but here it does makes sense even if SWL doesn't use it.


https://mainlymacro.blogspot.com/2024/05/when-are-large-and-persistent-increases.html

br00t4c, to random
@br00t4c@mastodon.social avatar

Australian state Labor government austerity budget targets health, education, social services

https://www.wsws.org/en/articles/2024/05/09/lzyt-m09.html

br00t4c, to random
@br00t4c@mastodon.social avatar

Neoliberals want an austerity budget, but the economy doesn't need savage cuts

#austerity #labor

https://www.crikey.com.au/2024/05/07/jim-chalmers-federal-budget-treasury-austerity-inflation/

bhasic, to Economics
@bhasic@mastodon.social avatar
ojrask, to random Finnish
@ojrask@piipitin.fi avatar

Hallituksen mukaan joukolla sopiminen on huono asia koska

  1. Jokainen työläinen voi paikallisesti sopimalla saada paremmat palkat kuin joukkosopimalla saisi

ja

  1. Joukkosopiminen on liian tehokasta ja nostaa palkkoja liikaa

Miten hallitus perustelee nämä kaksi kantaa yhdessä? Mumisemalla jotain höpöhöpöä valtion taloudenpidosta ja kiirehtimällä asiantuntijoiden ohi iskemään lait voimaan.

https://yle.fi/a/74-20086605

@tehy_ry

ChrisMayLA6, to random
@ChrisMayLA6@zirk.us avatar

Its been clear for ages that many public service cuts are false economies.... as a friend of mine pointed out some time ago, if you cut early intervention & prevention services (which can be relatively cheap & effective), you then enlarge the demand for more expensive (and often mandatory) crisis services....

A new IFS study that looked at closing police stations, suggests, likewise that every £1 saved by closing a location increased social costs by £3!

#austerity

https://www.theguardian.com/commentisfree/article/2024/may/04/spending-cuts-are-often-false-economies-that-end-up-costing-society-dearly

patrick_h_lauke, to random
@patrick_h_lauke@mastodon.social avatar
patrick_h_lauke,
@patrick_h_lauke@mastodon.social avatar

"oh but my local tory councillor is a lovely person doing great work in the community..." doesn't matter. they're still part of a party that has completely and utterly shagged this country for the last 14 years, a party that welcomes racists, islamophobes, tax dodgers, sexual predators with open arms, gave you #brexit, #austerity, systematically dismantled the #nhs... if your local councillor is such a stand-up person, ask yourself why... #LocalElections #toryScum #neverKissedATory

autogestion, to Argentina
@autogestion@union.place avatar
whangdoodler, to politics Finnish
@whangdoodler@piipitin.fi avatar

We have a country wide hostage situation going on in Finland.

The nazi government is lying, threatening and pushing through never before seen capacity of austerity measures that will not only cripple the economy and shatter peaceful society, but also push finnish people into poverty and uncertainty.

A good but inexperienced leader learns quickly from one crisis and handles the next one better, and Orpo and Purra have not lacked crisis training in this government. But they just don't learn for the better. Orpo and Purra either can't lead or don't want to lead. And both options are completely unsustainable in this situation. Besides the leadership deficit, another big problem is the current form of the Finns party. I believe that Mr Vornanen's actions have come as a shock to all members of the party, and I am sure that none of Basic Finns will support such actions. But it is still necessary to discuss why we have a party in government and a very strong popular support base that not only attracts irresponsible and dangerous people like a magnet, but also repeatedly elevates them to positions of responsible power. It is no coincidence that Basic Finns politicians have the most criminal backgrounds, or that a child molester or neo-Nazi can become a minister in Basic Finns, or that radical far-right groups in Finland have repeated links with Basic Finns.
The Basic Finns are a party whose two leading stars, Riikka Purra and Jussi Halla-aho, have publicly written violent fantasies in which they use a handgun in public, and the Basic Finns voters approve of this, as they do of all the other dangerous and irresponsible behaviour of Basic Finns politicians. And when discrimination, hostility, racist crime and fantasies of violence are accepted and even praised within the party, this has a consequence: more people who act in a discriminatory and hostile way and who foster violent fantasies of power end up in the party. These two issues, the government's total lack of leadership and the chaotic unpredictability of Basic Finns party, lead to the third problem, which is possibly the biggest of all. Finns' confidence in the political system and society is being destroyed at an unprecedented rate. The government came to power by lying about virtually all its election promises. It has not even tried to deliver on its promise of zero tolerance of racism and disinformation. The government listens to no one and cares not a jot about the crushing impact of its cuts on people's daily lives - on the contrary, it arrogantly mocks the poor it hurts with by posing with scissors in hand. The most common response to criticism is to label the critics unjustifiably as communists or representatives of the "Trade Union_mafia".
Ultimately, society works on trust. People must be able to trust that the majority, and above all politicians, will act for the common good. And when, on top of such cruel and intransigent policies, our leaders shirk their responsibilities in a situation that has shocked all Finns, it severely shatters that already fragile trust. This is not acceptable. And it must be said loudly to the decision-makers. Much louder than before. Because when a small group arbitrarily decides the fate of a large group by threatening, lying and behaving with unpredictable aggression, and the large group can only helplessly obey and somehow try to endure and hang on, it is no longer a question of democratic governance of the welfare state, it is a hostage situation.

br00t4c, to random
@br00t4c@mastodon.social avatar
ChrisMayLA6, to Health
@ChrisMayLA6@zirk.us avatar

One more story from the NHS crisis.

To be clear, I don't blame the nurses & doctors in A&E who are encountering budget & capacity pressures that would make it difficult for anyone to do a good job.

As length of waiting times in A&E grow, so do deaths while waiting to be seen; but this is part of the crisis engineered by the Tories, not a managerial or staff training issue (which is not to say these have no impact).

The Tories health 'strategy' is killing us

#health
https://www.theguardian.com/society/2024/apr/26/woman-found-too-late-under-coat-in-nottingham-ae-after-eight-hour-wait

TCatInReality,
@TCatInReality@mastodon.social avatar

@ChrisMayLA6
There's nothing wrong with the #NHS that undoing 15 years of #Tory #austerity won't fix. Just look at wait time and satisfaction data from 2009.

It's not the NHS model that's the problem, it's the #Tories

#ItsTheNHSOrTheTories

br00t4c, to random
@br00t4c@mastodon.social avatar

▶ Austerity Has Permanently Destroyed Families | Teresa Thornhill Meets Aaron Bastani

#austerity #authorities

https://www.youtube.com/watch?v=_iqV6x2tWEo

br00t4c, to random
@br00t4c@mastodon.social avatar

Over one million march in defense of Argentina's universities as Milei brutally represses protests

#austerity #defense

https://www.wsws.org/en/articles/2024/04/25/mhfm-a25.html

ChrisMayLA6, to random
@ChrisMayLA6@zirk.us avatar

So, while there are lots of things that one might be concerned about with the civil service, equally its problems are unlikely to be resolved by reducing the workforce.... but, this is now being presented as the redirection of funds to the defence budget.

Don't be fooled; this is a classic but of 'securitisation': using the narrative of 'security' to obscure other goals; in this case an attempt to shrink the state - a task the Tories have already failed at.

#austerity

https://www.bbc.co.uk/news/uk-politics-68893859

br00t4c, to random
@br00t4c@mastodon.social avatar
br00t4c, to random
@br00t4c@mastodon.social avatar
br00t4c, to random
@br00t4c@mastodon.social avatar

Ravaged by austerity, chastened by Brexit, how can Britain have a 'place in the world' when it's destitute at home? | Nesrine Malik

#austerity #office

https://www.theguardian.com/commentisfree/2024/apr/22/austerity-brexit-britain-foreign-office-politicians

whangdoodler, to politics Finnish
@whangdoodler@piipitin.fi avatar

the nazi government speaks of justice and fairness while it steals means of living from the poorest and low income earners and then hands money over to the rich.

Li Andersson of Left Alliance. 👇

The government's development discussion rhetoric about "fairness" is a big hoax. As a result of the new decisions, income tax for the highest earners will be increased by a maximum of €330 PER YEAR. This means that those earning more than €14,000 per month will see their tax bill rise by around €28 per month. Those earning €10,000 per month will see their tax bill rise by €20 per month. At the level of the MP's salary, there will be no tax increase at all. And that's not all. If you take into account the tax cut already given to the same group by raising the lower limit of the solidarity tax, these top earners will still be getting more our of it after all the government's tax decisions. Everyone earning more than €10 000 a month will see their tax burden LIGHTEN by at least €1 000 a year, and the reduction will increase as their income increases. At the same time, social security cuts are taking hundreds of euros from low income and low paid workers EVERY MONTH. Housing benefit cuts are taking €200-300 a month from many. The abolition of the child benefit means €150-285 less per month, depending on the number of children. The average impact of the graduation of income-based unemployment benefits is €330 per month.
When the cuts hit the same people, the impact is even greater. For example, if you are a person with two children and you’re earning €2,500 a month, who then becomes unemployed, the government cuts will take €565 a month from your unemployment benefit. For a parent of two children earning the same wage but working part-time, the cuts will take a total of up to €715 a month. On top of all this, the government deliberately chose to leave capital and dividend taxation untouched, even though this is where the greatest tax injustices are to be found. Or how fair does it sound that the owner of a wealthy family business can withdraw €149 000 a year in dividends as personal income and pay a tax rate of around 7.5%? Even for higher incomes than this, the percentage is very low. At the same time, the increase in general VAT will hit all small and one person businesses in this country directly, as not everyone will be able to pass on the increase in prices. The right-wing government's policies are very far from justice or fairness.

autogestion, to greece
@autogestion@union.place avatar
whangdoodler, to politics Finnish
@whangdoodler@piipitin.fi avatar

ught its hard to believe but shit is still getting worse. even more cuts from the poor, students and sick are coming. so is the economical depression.

a word from Li Andersson (Left Alliance). 👇

Vocational education and training is again being cut drastically. According to Purra, the cut will be targeted at those studying for a second degree. It is unclear how this will be implemented, as all students will be subject to the same funding and legislation, unless the government intends to put Finnish education behind a paywall. The extra five million for the well-being of children and young people is a poor joke compared with all these drastic cuts. The VAT rate will be increased to 25.5%, well above the EU average and the second highest after Hungary. The increase will raise prices and will hit hard, especially for all those on low incomes who are already struggling in their daily lives and who are also hit by previous social security cuts and index freezes. It is also a very hard blow to all those domestic sole traders and small entrepreneurs who have been struggling with inflation and rising interest rates as consumer habits have changed. Tightening VAT in the middle of a recession is also very bad cyclical policy to put the brakes on recovery.
Orpo talks about easing the taxation of labour, but the taxation of labour for many small entrepreneurs will actually increase with the rise in VAT, as not everyone has the possibility to pass it on to the prices of goods or services. The right-wing government will continue along its familiar lines.

Duusi, to random
@Duusi@jorts.horse avatar

I have found our spot in the timeline:

"But capitalism is also a self-devouring beast. One function of the capitalist state seldom mentioned, even by Marxists, is to protect capitalism from the capitalists.

If the 1% become too successful in their frenzied pursuit of profits and their furious determination to roll back all regulations and restraints, they may well destroy their own system.
1/2

#austerity #capitalism

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