autogestion, to Finland
@autogestion@union.place avatar
ChrisMayLA6, to ukteachers
@ChrisMayLA6@zirk.us avatar

One of the mantras of modern education has been the benefits of (need for) 'lifetime learning'; the utility of adults retiring to education when their skills need updating or they wish to acquire knowledge to change (or develop) their career(s).

That funding cuts since 2010 have nearly halved the numbers of adults (re)entering various levels of education is both depressing & another instance of austerity & Tory cuts constraining people's life choices (chances).

#austerity #education
h/t FT

br00t4c, to Columbia
@br00t4c@mastodon.social avatar
remixtures, to Europe Portuguese
@remixtures@tldr.nettime.org avatar

#Austerity #Populism #Europe #Globalization #Inequality: "Governments have repeatedly adjusted fiscal policy in recent decades. We examine the political effects of these adjustments in Europe since the 1990s using both district-level election outcomes and individual-level voting data. We expect austerity to increase populist votes, but only among economically vulnerable voters, who are hit the hardest by austerity. We identify economically vulnerable regions as those with a high share of low-skilled workers, workers in manufacturing and in jobs with a high routine-task intensity. The analysis of district-level elections demonstrates that austerity increases support for populist parties in economically vulnerable regions, but has little effect in less vulnerable regions. The individual-level analysis confirms these findings. Our results suggest that the success of populist parties hinges on the government's failure to protect the losers of structural economic change. The economic origins of populism are thus not purely external; the populist backlash is triggered by internal factors, notably public policies."

https://onlinelibrary.wiley.com/doi/10.1111/ajps.12865

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.

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

junesim63,
@junesim63@mstdn.social avatar

@ChrisMayLA6 It's like all government spending. They need to increase it by only a pound a year and can trumpet it as record spending. Of course it is.

SiR_GameZaloT, to pakistan
@SiR_GameZaloT@paktodon.asia avatar

As usual, enforcing capitalists' debts over by forcing over a stricken country, while (2 years on) promised funds by international banks remain 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

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.

#austerity
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

#austerity #australian

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

gimulnautti,
@gimulnautti@mastodon.green avatar

@ojrask @tehy_ry Vienti lieneekin ainoa asia millä on väliä. Mutta ehkä ne sairaanhoitopalvelut sitten pitäisi kans valmistautua ostamaan tuontina.. 🤔

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!

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

jwi,
@jwi@aus.social avatar

@ChrisMayLA6 @tkinias
I've often thought that hospitals and prisons are both the most expensive solutions to problems, and their growth is an indicator of failure of more cost-effective solutions to social problems

ScotInTraining,
@ScotInTraining@mastodon.scot avatar

@jwi @ChrisMayLA6 @tkinias an excellent example is homelessness in Finland.

Spend less than we do and has functionally ended homelessness.

I think it comes back to Graham Norton quote on taxes "we can spend money to build a wall or pay taxes so we don't have to" ie life is better for all if we properly fund societal improvement

autogestion, to Argentina
@autogestion@union.place avatar
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