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[malvolio]

Let me quote the OBR analysis:


For comparison it's around 36-40% now....

[malvolio]

It makes more sense than your comment. Where did I say "increases in tax"? Or can you not differentiate between tax rates and tax revenue? Or between borrowing and income?...

[malvolio]

Correct. But his immediate predecessors (hint: plural, surnames start with S and R) outperformed Truss several times over. Plus her ideas were sound, but she was too inept to enact them properly. S and R didn't even have ideas, only dogma....

[malvolio]

So you think HMG buys stuff from some international Tesco?

Mostly it went on reducing taxation in several areas, creating more revenue by freeing up money for you and me to spend and for others to invest. Mostly it went on reducing borrowing to fund routine expenditure; armies and welfare...

[malvolio]

Oh yes. We kept it in the dining room and very nice it was......

[malvolio]

You still don't understand the 0s, do you. The govenment wasn't spending taxes on "stuff".

We went from high interest to low interest rates (meaning people could buy houses), inflation from double figures to 2.5%, national debt (the gap between government income and borrowing)...

[malvolio]

Except that's the sad SM phrase that everyone uses when they want to prove they don't understand economics. People get rich by growing businesses, growing businesses employ more people, all those people are spending money and paying taxes. he people that started that cycle get the most because they...

[malvolio]

Totally agree. Putin is failing in Ukraine because he is meeting strong (and apparently totally unexpected) resistance.

Defence is not a strategy, it is a basic necessity if you are to stand up to aggressors of any kind. Sun Tzu had it right - the best defence is to win without needing...

[malvolio]

Agreed

Also quite pleased at how many deadheads have been binned from key places in Starmer's cabinet...

[malvolio]

I didn't, but it's nice to see your alternative view...

So what you are saying is that the capitalism that created Britain is wrong and we should have stuck with feudalism?

The failures of the various denationalised industries and services are down to a lack of effective enforceable...

[malvolio]

Yes, taxes went up. They were spent in useful directions though, unlike today.

Housing is a whole other mess though, with multiple causes. Right to Buy is only one element of that.

But enough of the theory. What did Thatcher destroy?...

[malvolio]

We would have been in the same position as Greece and Italy were at that time. What happened was we went from no money (literally) and no industry to having paid off the national debt. Yes, getting there hurt a lot of people but the government were very clear that was a necessity and, unlike anybody...

[malvolio]

There was a post on FB earlier today listing the things that changed under Thatcher's government, comparing where they started to where they finished. Rather blew a hole in comrade Burnham's fantasy critique of the last 40-odd years.

We're going to be led by someone who lost to both Millipede...

[malvolio]

Sold ours to these guys, for a sensible price. Must be one near you...

[malvolio]

Sandersons owner Keith set up PRG many years ago, and then split off various businesses underneath it. I knew the old management team very well, all now long departed. Oddly enough I never got any work from them for many years, largely because the people in my area of expertise were more interested...

[malvolio]

Given almost all traffic crashes are caused by human error (a very small percentage are down to vehicle failure, hence the official switch to RTColision from RTAccident) anything that takes human error out of the equation has to be a good move. The real fear at present is that the error-free autonomous...

[malvolio]

Because AI isn't actually intelligent and would have the river marked as "Not land" on the maps it would be using to determine its course of action? All those nice long straight roads would vastly outweigh a water landing. And, of course, it wouldn't care (or even realise) that the roads would...

[malvolio]

Worth remembering that any Agile environment will sit inside a waterfall plan at some point the in the programme hierarchy. with the possible exception of work around rapid changes to localised live environments. Even then, someone will have defined the overall parameters....

[malvolio]

You miss the point, as Sully pointed out to the enquiry. You could fly back to the airport and land provided you did all the right things immediately. It took him and the co-pilot about 20 seconds to work out what went wrong by which time it was too late. The pilots who made the theoretical landing...

[malvolio]

PRG are a different matter of course. They are a big group of companies, been around Bristol for many years - anyone remember Sandersons?