Reply to: More free money

[BrilloPad]

The last large government project I was involved with was based on a 40 odd page report from Whitehall. The report reminded me of a GCSE project I completed back in the 80's so I was interested in its origins.

After a little investigation (google search) I had found the main authors linked-in profile. Now this document was the basis of a multi-million pound spend by each of the big 6 energy companies. It was written by a 23 year kid who was previously employed by a school to look after the photocopying, serving three departments simultaneously no less.

From this previously high skilled role he had become the private sectary of a MP and then a senior advisor within DECC. One can only presume that his parents \ Oxbridge connections landed him this job which then saw twat-o (me) working all hours to implement this regulatory change.

That was my last permanent position.

Great first CUK post!

[fullyautomatix]

The last large government project I was involved with was based on a 40 odd page report from Whitehall. The report reminded me of a GCSE project I completed back in the 80's so I was interested in its origins.

After a little investigation (google search) I had found the main authors linked-in profile. Now this document was the basis of a multi-million pound spend by each of the big 6 energy companies. It was written by a 23 year kid who was previously employed by a school to look after the photocopying, serving three departments simultaneously no less.

From this previously high skilled role he had become the private sectary of a MP and then a senior advisor within DECC. One can only presume that his parents \ Oxbridge connections landed him this job which then saw twat-o (me) working all hours to implement this regulatory change.

That was my last permanent position.

Astonishing how some spotty kid who has no skills whatsoever and should ideally be serving at Mcdonalds, instead gets into the political establishment and talks utter bollocks making the politicians think he is a whizz kid. Soon he will rise to the top and make our lives miserable.

[coolhandluke]

The last large government project I was involved with was based on a 40 odd page report from Whitehall. The report reminded me of a GCSE project I completed back in the 80's so I was interested in its origins.

After a little investigation (google search) I had found the main authors linked-in profile. Now this document was the basis of a multi-million pound spend by each of the big 6 energy companies. It was written by a 23 year kid who was previously employed by a school to look after the photocopying, serving three departments simultaneously no less.

From this previously high skilled role he had become the private sectary of a MP and then a senior advisor within DECC. One can only presume that his parents \ Oxbridge connections landed him this job which then saw twat-o (me) working all hours to implement this regulatory change.

That was my last permanent position.

[AtW]

Well I seem to recall the one that existed from 1997 till 2010 setting the bar pretty high.

Yeah, but at least it wasn't as taxing as the current "pro-business" scum

[shaunbhoy]

Have we seen a more incompetent govt than this in our lifetime? Idiots led by morons, advised by cretins.....

Well I seem to recall the one that existed from 1997 till 2010 setting the bar pretty high.

[AtW]

All going to plan, don't worry, be happy: Economy concerns as household debt rises to £40bn in latest figures | Business | The Guardian

Relax, private debt is a good thing. It's not Govt problem, and there is no other way to grow easily enough for politicians - debt is shifted to private individuals, taxes shifted to businesses (higher wages, "apprentice levy", business rates via council outsourcing). Dip stick Osborne however does not want to admit that it won't be enough - his last pre-budget was effectively walk away from austerity using made up accounting tricks based on future growth that may never happen.

[DimPrawn]

2008 made alot of difference didn't it.

For all of about a week, yes.

[BrilloPad]

Because you can get a dozen interest free credit cards, no questions asked, and a personal loan at about 3% APR. Within 24 hrs you've got more borrowed money than you can earn in a year.

Money is so cheap, everyone is gorging on it, back to the old "My house has gone up £200K so we're spending it like Beckham..."

Tories will carry on regardless and hand the sorry mess to some other LibLabCon s

2008 made alot of difference didn't it.

[DimPrawn]

forecasts have found that households have moved from a surplus of £67bn in 2010, the year the coalition took power, to a £40bn deficit this year.

Because you can get a dozen interest free credit cards, no questions asked, and a personal loan at about 3% APR. Within 24 hrs you've got more borrowed money than you can earn in a year.

Money is so cheap, everyone is gorging on it, back to the old "My house has gone up £200K so we're spending it like Beckham..."

Tories will carry on regardless and hand the sorry mess to some other LibLabCon s

[darmstadt]

All going to plan, don't worry, be happy: Economy concerns as household debt rises to £40bn in latest figures | Business | The Guardian

forecasts have found that households have moved from a surplus of £67bn in 2010, the year the coalition took power, to a £40bn deficit this year.

As someone in the comments said:

I'm forever blowing bubbles
Pretty bubbles in the air
They fly so high
Nearly reach the sky
Then like my dreams
They fade and die
Fortunes always hiding
I've looked everywhere
I'm forever blowing bubbles
Pretty bubbles in the air

[AtW]

Have we seen a more incompetent govt than this in our lifetime? Idiots led by morons, advised by cretins.....

I am sure they can and will do much worse than this ...

On a brighter note: USD/GBP: 1.48

[_V_]

Have we seen a more incompetent govt than this in our lifetime? Idiots led by morons, advised by cretins.....

[AtW]

"The landlord tax grab, which will make the housing crisis worse, was proposed by David Kingman, a non-economist, in a deeply flawed report which he wrote in 2013, the year he left university with a degree in – Geography"

[OwlHoot]

Much as I'd like to, I don't believe a word of this

2015-12-22 Existing Home Sales Collapse - Worst November In History

(although that is the US)

[Zero Liability]

TBF, the average economics graduate would probably come up with something even worse, knowing what they're taught these days.