@koosgijsman because in those last 7 years tory government has invited over 2 million new immigrants to the population, whilst only building 400,000 new houses, no new roads. No infrastructure etc. Thus expediting the decay and overcrowding the place. Vote reform

What we did have was bribed to move elsewhere in Europe by the EU.

Boomers got to boom, triple lock all the way.

@@Fluid-Druid You borrowed far less money back then. A higher percentage of a smaller amount doesn’t necessarily mean more than a smaller percentage of a higher amount. Simple maths really.

​@Fluid-Druid complete waffle, paying 15% on a smaller shorter term loan hurts nowhere near as much as 7% on a massive 35 year loan. Whip out an accumulative percentage calc and go see the difference yourself, put in what you paid for your home back then on that percentage and how long you paid that and compare it to what someone paying average price and average percentage pays now. It's not even close

@@Fluid-Druid 15% is irrelevant when the mortgage is barely larger than a first-time buyer’s deposit in the 2020s.

We need a tough and bold PM to take over and sort things out. This period feels like the 70's, a time of high taxes and stagnation .

Too bad old people were allowed to vote in 2016. A generation with no measurable stake pooched the whole country for the young.

I am about the same age, and have the right to live and work in the UK if I wished, as well as in another three western countries. But, tbh why should I live in the UK, given my standard of living would decrease there compared with the others?

Well done being part of the generation that caused these issues . Great mindset you have

No family then?

Sometimes not even being in a serious state is enough to get you into A&E quickly. I helped out a young guy last year who had passed out unconscious from some very serious alcohol poisoning, his friends were freaking out because he was clearly in an extremely bad state (he was completely floppy & unconscious, vomit & bile slowly was pooling out of his mouth, he had an extremely cold body and was barely breathing) but the queue to get an ambulance was over 1hr long and the caller wouldn't move him up the queue unless he actually stopped breathing (or "lips turned blue"), so they advised his friends to moniter his breathing. After helping them to get their friend into a proper recovery position, cushioning his head against the freezing cold concrete (the poor dude had collapsed in a random doorway wearing nothing but a pair of jeans & a thin t-shirt soaked in vomit on a freezing cold Winters night) and getting his friends to pile some of their jackets onto him and start rubbing him to warm his body up (as he was at genuine risk of hypothermia), I ended up persuading them to take him in a taxi to the hospital or to a responsible parents house because leaving him out in the freezing cold like that for an 1hr was guaranteed going to make his condition worse. His friends kept on asking me if I was a nurse and were convinced that I was hiding some secret medical training even when I said I wasn't because apparently I helped them out more than anyone (even the 999 operator) had. I am naturally a very calm, collected & straightforward kind of person in these situations but I have no training and I've simply read up on how to deal with a few types of situations (i.e. what to do if someone gets stabbed, has alcohol poisoning or ends up in the river Etc) because I'd rather be able to do something to help in these kinds of situations than nothing at all. Ambulance services are super strained ATM and sometimes its the non-medical people who are first on a scene who can make the biggest difference to whether someone makes it or not.

I got routine blood tests very easily and without any hassle

1 individual success does not disprove 7.5 million people on waiting lists measured in years increased from 3.5 million in 2010 unfortunately.

Yeah definitely agreed. I do strongly agree with that. But I wanted to share some positivity for a change after my recent positive experience with the NHS. Recently went to the GP after having a persistent cough for 5 weeks. Got booked in for an xray and got it the same day. Results within a week. Was very shocked myself after whats been going on the last few years +

@@ComputeCrashers It varies a lot, different departments are experiencing different levels of problems. Whilst I was once able to get an x-ray done pretty quickly on some health issues where cancer was a possible suspect (thankfully it turned out to just be a couple of very manageable tumours), another guy I knew ended up having to wait many months for tests on some symptoms that later turned out to be an aggressive type of cancer. The thing that was really heartbreaking was that if he'd only been seen earlier, then the cancer may have been caught before it became terminal. He was in his 50's and a dear friend of my dad's side of the family and once everyone found out that had terminal cancer, a number of older relatives came together to give him enough money to pay off the remainder his mortgage so that he could retire early. It was so sad because the dude's life had been really looking up before his health took a turn for the worse (he'd found a long-term girlfriend and was planning on proposing to her), but sometimes life is just like that. I really hope that the NHS can be saved because if it goes private we will return back to a Victorian era where people die from treatable diseases and poor health ends up dooming people to dire poverty or homelessness. I've been to America a lot over the years and the situation sucks out there, absolutely tons of the people who are homeless on the streets (and/or cannot get off the streets) are so because they've got psychological or physical health problems that they couldn't afford to treat and which ended up putting them out of work & home. The costs of dealing with the long-term consequences of problems like child poverty, homelessness and drug addiction Etc costs far more than it does to prevent these things from occurring in the 1st place, so we must protect our services at all costs.

I agree 100%

Do you wish you had bought 2nd and 3rd home that you could be renting out for a small fortune?

I don't want any new houses in my town as its not countryside any more

​@CommonPurpose1 ironic your name is common purpose but you dont want to sacrifice for the greater betterment of the country. To get where we need to be the tree needs to be well and truly shaking rerooted and replanted in a new space and era.

That's because most housing developments are currently going up on greenfield sites. If it weren't for the NIMBYS there would be no green spaces anywhere. The demand for social housing is being driven by population growth, and 80% of UK population growth is driven by immigration

Exactly! That was the real elephant in the room that he simply ignored.

Seconded. Too often I see complaints about the baby boomers having emptied the pot for future generations whereas there has been a steady flow of wealth upwards and to the big corporations. Divide and rule.

Yeah. First cut of my pay check isn't to the government, it's to the company's shareholders. How many people make as much money for themselves as they make for someone else? Then how many pay as much VAT as they pay to their landlord, the shop's landlord, and the supermarket's shareholders? And where is the tax money ending up when services are privatised, lobbies and tory donors get contracts and the state owns net zero of the assets? Money's not trickled down, only funnelled upwards.

@@dananskidolf Spot on. We all live on the farm and guess who get's milked.

Gary's economics is a great channel on this

Privatising it would prevent this as they would have to be profitable and therefore efficient.

​@@travellingtom6091 no it means an American system where everything costs twice as much and those that can least afford it don't get medical cover the less you earn the less your life is worth

@@travellingtom6091 Why do we never run out of bread? Because it is easy to become a baker, because the State does not regulate this profession: do bakers kill customers? the poor can't buy bread? The enemy is the looters from NHS ,who pass laws to empty the pockets of poor, sick people.

@@busandcoach Yeah, this is a danger and I accept your point. We would need competition in the market and I'm unsure how the less well off would be funded. The trouble is that the NHS is such a mess, throwing money at it would be pointless. Difficult one isn't it.

@@travellingtom6091 Didn't we already try this with utilities, trains etc.? 🤣

It's not just that. The issue the UK has had is: - we imported millions of people who push up housing costs and push down salaries. The lower salaries don't cover the tax burden of the new people - The only investment went into housing, instead of starting productive companies. Any companies that do exist have to pay vast amount of money for property that the barrier to start a company is much lower - The UK has a vast unproductive class of people on benefits. These people provide zero to the UK, yet cost a fortune to maintain and increases crime. - The politicians (of all types) have asset stripped the UK and sold off the family silver (school fields, industries etc) to cover short term costs but have run out of family silver to sell. - The cost of living is so high that nobody is having kids, which means there isn't the tax base to draw from.

@@ChristopherVickers It's a vicious cycle. 1) Brits aren't having kids because the cost of living is so high, a large portion of which is the out-of-control housing market. 2) People a not insignificant chunk of the working age population are dependent on low-pay, low-security employment and therefore are also dependent on state subsidisation (housing and employment benefits). (issue 1 and 2 are due in no small part to banks lending huge amounts of money for house purchases whilst simultaneously being reluctant to lend to businesses). 3) Because of issue 1, the number of people in productive employment is falling as a percentage of total population, meaning less available tax revenue/higher social support expenditure (NHS and state pensions). 4) Because of the combined impact of issue 1 and 3, the economy and state finances are dependent on inflows of working age people from overseas, however some groups of newcomers end up costing public finances far more than they contribute. 5) Because of issue 1, 2 and 4, house prices remain inflated well beyond average wages and continue to grow at a rate much faster than earnings growth. This causes a low growth/low productivity economy in which work does not not pay and the asset rich get richer and richer within asset classes that have preferential tax treatment which allow avoidance. This has a hoover effect via which those who are already asset wealthy are able to obtain and retain more and more essential assets like homes (see rental property partnerships) and continue to extract ever growing rents from the productive non-homeowning population. From what I can see, the main issue that is really hamstringing the UK economy is the housing market. Solve that and you solve the low reproduction issue, the cost of living issue and a big chunk of social spending. Additionally, all that money being spent on productive endeavours may actually be just the thing needed to kick-start the economy into a period of notable growth.

@@benghiskahn3673 Excellent and detailed assessment

@@benghiskahn3673 These problems can be solved by our government but would think the Treasury is probably blocking money being spent on building more social housing etc and is just relying on a quick fix of allowing more immigration. Migrants coming here to do low level jobs is a ridiculous situation, they will just join the rental sector pushing rents up even further and then need housing benefit to help pay these inflated rents while paying small amounts of income tax in return. I can only think that the Conservatives have been battered by Covid, Brexit, Ukraine and not been able to devote time to solving these issues.

We were paying 30% income tax back in the 70s, young man. Plus NI, of course. While vat has gone up, income tax has never been lower than it is now. Oh, and the NHS certainly wasn’t better in our day. Even in the 80s if you got seriously ill in your 60s you were written off as being ‘old anyway’. We had better wages yes, largely because we did apprenticeships and degrees that employers wanted. Too many now do not.

Income tax yes, how much was the average house price compared to income? What was the retirement age? Did company pension schemes include final salaries? Was going tot the supermarket and utilities equating to what it is now?

And a lot of that being written off is due to medical advances which… is a tricky one to manage

@@alimack5489 I addressed the points in your post which were factually wrong, that’s all. And the fact is, with medical advances, the NHS is better now than it used to be so I’m not sure what your point is.

@@hughjohns9110 average rent compared to income 1980 5.7% now it’s 38.7% . Retirement age 1980’s 60/62. House price compared to income 1980’s 5x income, it’s now 10x’s income. For us to compare an income of 1980’s the average salary would have to be 70/78k to be comparable now.

There will be a way if politicians work together and stop making false promises... but the amount of time it's going to take even if that happened to fix this country is not going to be worth waiting for if you ask me.

@rossjames totally agree

@@adam7802 Yes countries can and will enter a period of extended econmoic stagnation or decline for 20+ years until something changes. See Spain, Japan, Argentina etc...

​@rossjames4765 how and what does one work In remote.

I think Stewart Lee made that point very well. Just search "Stewart Lee UKIP" if you want a good laugh.

Including most of the EU ones, for some reason.

Chronic underinvestment in services, low productivity, regional inequality and aging population are the main ones I believe. Brexit definitely hasn't helped but frankly these underlying issues don't have much to do with EU membership.

Most of the EU nations are having similar problems

It's not various UK governments. Things were improving under Labour last time.

these trash scammer 🤣

scammer

Fiscal drag. Gordon browns favourite

I’ve come to the conclusion that the UK is now declining and the country will never recover from this, very concerned with my future in this country.

@@bigman3130 Well what do you expect when the people keep voting for the destruction of all services and zero investment? Evil in, evil out.

It really depends on the individual immigrants that come. Are they a net cost or a net credit to public finances? If we have too many of the former then we're just importing more of a burden from external sources. But we should not have any issue with immigrants of the latter category who go on to work in essential services. I think the issue is that we haven't really been choosy for far too long and as such there are large groups of new arrivals who either do not or are simply unable to actually do anything productive within our economy because they do not have the skills or inclination to do so. To my mind, such people shouldn't be in the country at all and should be obliged to return to their country of origin if they are not able to meet certain criteria within a certain period from arrival.

@@benghiskahn3673 completely agree

Tax avoidance is entirely legal as it should be. What you are asking for is quite impossible. Any increase in taxes will be pushed onto and paid for by the population. What we are unable to afford.

@@sirianofmorleymake it illegal then.

@@DatFwadso everyone has to pay every type of tax? Silly.

@@sirianofmorley no one is saying every type of tax but close the loop holes. This offshore bullshit has got ridiculous. If you own anything in the UK then you own it here not in some structure in the Cayman Islands that is tax exempt. We need to start getting tough on the billionaires that hide their money in these stupid opaque structures. There should be a national task force set up to specifically deal with it.

@@DatFwadyou're conflating tax evasion and avoidance. You're talking about tax evasion which is already illegal. What you suggest is noble to increase tax receipts but any change to the tax rules like that will be passed onto the population (as you see with VAT and your chocolate bar becoming smaller) and then you will get people complaining about salaries and cost of living crisis. Political suicide to make this change.

You're right, that could be a problem. But does competition in the private sector guarantee efficiency? Is the private sector free of corruption? Why does the American health system cost twice that of the UK system? (and that's not accounting for the millions that have no medical cover whatsoever). Whether you pay for health care via taxation or via private health premiums, you still gotta pay! And private may be significantly more expensive. What type of society do we want in the UK anyway? I would personally prefer a society where I don't have to see a business manager before I see a doctor!

Ageing population with higher demand for public services + more expensive health care these days. Then throw in gradual decline of UK & Europe generally - now made worse through Brexit, Ukraine, Cost of living crisis etc. All following years of Austerity.

Boomers

Basically central government thinks it is less politically damaging for them to cut local government funding than to cut central government spending. Therefore over the past 15 years local government budget cuts were even bigger than central government cuts. Local governments also cannot easily increase taxes (there are constraints on how much council tax, the main tax, can increase), so eventually local governments go bust.

@@lozkko Thank you for the information.

scammer

Yet to be demonstrated, I’m sure people said the same when computing became mainstream.

Spot on.

I think you need to look at the trade-offs section. Remember that the vacancies for NHS and Social Care are still in their tens of thousands. A nurse takes 3 years to train. A Doctor takes 7. What do we do in the meantime? Where are the British people willing to spend 3 years training as a nurse with 12 hour shifts, and low pay. What do we do in the meantime? Let's be honest here. All those wonderful tax cuts we had to be paid for by cutting back public spending, which includes the NHS. The UK workforce is shrinking because it is ageing, and the birth rate has been below replacement rate for decades. It is actually too late to be particular where your health and social care staff come from, as they are needed now. Not in 3 years and not in 7, but now. That's why private sector contractors are waiting for the NHS and social care to collapse, whilst they are bleeding it dry. They want it broken enough so people will pay health insurance. You can cut immigration all you like, but it's too late to stop the rot. It's gone on too long. You see, all the problems we have have been created to make wealthy people even more money. That means they want a weaker state, with little or no public services, and to pay little or no tax. And we fell for that. We shortsighted lay agreed to tax cuts, not thinking it would literally come back to bite us. It has. Child poverty has returned with a vengeance. Young people are finding it impossible to start a family in a home of there own without the Bank of Mum and Dad. And intergenerational wealth is shrinking too. So, we need immigration just to clean up the mess left behind by the direction our society took over 4 decades ago. And it will take decades to repair it if we have the luck to do so. And we will need it. And it might mean that we will have to look at our priorities as a society, because our problems in the present come from those priorities we set in the past. And if we don't like dealing with these current problems, we need to take an honest and realistic look at the priorities that created them. The problems were created by immigration. Immigration needs are a symptom, not the cause. The cause is that we believed stuff that wasn't true. Tax cuts were free money. No, they weren't. Every tax cut meant a cut in public services each and every time. And Austerity just accelerated that decline. Now there's a quiet crisis going on because we're being gaslighted each and every day. It's saddening to see how much it's hurting us. We gone backwards in life expectancy. Diseases of deprivation have returned, and medicine and treatment is being rationed. People are having trouble getting their prescriptions filled. And the elderly... With undetmanned social care, there suffering too. We've messed up, by allowing it to happen. And really, we need to decide who we are and what kind of country we want to be. We've got to be honest about it, because there is no perfect solution, and we can't have everything at the same time.

@@CuriousCrow-mp4cx I first gave you a thumb up but realized reading beyond line 4 you repeated yourself unnecessary for 15 lines. You can edit I guess ;-)

Very well articulated! Greetings from Florida ​@@CuriousCrow-mp4cx

A reduction in immigration is definitely needed. I hate the fact that immigration is such a taboo topic nowadays. Controlled migration that helps the country is great and valuable. But not what we've had in the last few years. And the effects of mass migration are never mentioned

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But you can lose weight to get healthy

@@juliantheapostate8295 need fat for that. No fat left, the UK is cannibalizing muscle mass.

Uk debt to GDP is 98.3% and growing. Payment of just the interest on the debt is now the UK's second largest expenditure after the health service. According to the BoE inflation calculator, the pound has lost 24% of its purchasing power since 2019. It's a similar story across much of the West. The US national debt is rising by 1 trillion dollars every 100 days! At some point, it feels like one of the countries in the house of cards has to fold.

They are already paying. People just don’t want to accept that governments are generally bad at providing these services.

@@freedomwatch3991 I agree they are but it’s the only way your get the services without paying a fortune for them. Most people in the uk pay little to no tax. Ie people on minimum wage. But get the same services as the people who do pay in. If they were in the USA or some other countries most of the people would get no benefits or access to health care. You can complain in the uk but atleast if you get sick or break your hip your get a op or treated the same day and your come out with no bill in the USA you would be bankrupt

Or we just want better government spending

@@teelo523 the government don’t spend the money they give it to the departments and they spend the money

@@teelo523 ie 20% of your taxes goes to health ie the nhs and they spend your money 30% to the department of work and pensions and they spend the money on benefits and pensions you can check the ons or your government gateway app to see where the rest goes.

What is an alternative to Neo-Liberal economics that works?

I agree. People voted for this time and time again so they can't complain now. I'll be emigrating to south east Asia soon thank goodness. Low cost of living where the GBP goes a very long way.

I'm sorry, but are you including the "far right Neo Liberalism" of Tony Blair and Gordon Brown in this error strewn statement? It is ridiculous levels of borrowing by political parties of ALL leanings that has put the UK in the position that it finds itself in. When one of your top 5 economic costs is servicing the £2 trillion + national debt then you should begin to realise that it's actually not austerity that has got us where we are now, but rather spending money that we didn't have in the first place. We are not far off debt being 100% of GDP - we spend approximately £112 BILLION per annum on INTEREST on UK debt - this equates to nearly 4.5% of GDP without reducing the actual level of debt by one single penny. In other words for every £20 we generate, we give almost £1 back servicing debt but not reducing debt. When you consider that we spend about £108 million per annum on Education this puts the eye watering level of debt into perspective. The housing market and decline in public services don't help the situation but these would be much easier to tackle if we as a country significantly reduce the amount of money we literally pour into the coffers of the financial institutions who are all too willing to keep lending to Governments who are only focused on short term fixes. There are no easy fixes economically - the UK MUST find a way to service its debt in a meaningful way or this country and the future of most of our children is literally doomed to levels of austerity that will make the current situation look like a walk in the park.

@@shellyperera2010 Are you emigrating because of problems in the UK?

@@VincentRE79 Neoliberalism leads to a failure to invest as it relies on private financing rather than state investment. Keynes provided a successful solution with state involvement after the Great Depression and we probably need something similar now. Biden made use of MMT and this approach when he gained power and we can see their success with their current growth.

Right, so everyone who saves some money can have it destroyed by inflation.....

Totally true. Wastage in the public sector is legendary.

Nobody in the professional class cares about sme’s.

nobody including this channel

In the short run it generate tax revenues and doesn't cost much (as younger migrants are less likely to use public services)

Immigration is generally a net positive to productivity, economic output and revenue generation in a country. The problem is our government doesn't give a shit about providing for the future. The fundamental issue is them not accommodating for population increase, regardless of immigration. If we had 0 immigrants in the past 20 years, maybe we would have lasted another 5-10 before shit hit the fan. Quality of public services and housing costs have been abysmal for the past 10 years at least. There is a systemic problem in this country, young working age people from other countries are not the sole reason for all our issues. Especially when we kind of need them right now to plug the gaping holes in our worker shortages across every sector. Population increase from immigrants is just a small piece of a much larger problem.

There is no cost. It's net positive. The ROI is typically at a minimum ratio of 1:1.2

​@@paulbo9033My understanding was immigrants provided a net benefit too. Can you let me know where you got your stat on this from?

Because the real cost has risen much more than 20% due to simply a rise in the average population.

You do realise that the Tories have almost doubled the debt in only 14 years that they have been in government. in 2010 it was some £ 1,4 trillion. Now one trillion more.

Yet £8 million a day for fake holiday makers who do not pay into the system or most likely never will is ok. Its Economics of the insane.

Wages are paid in return for work, not sitting about

@@juliantheapostate8295 I was lecturing economics in Chinese universities to Chinese students destined for decent English speaking universities until I was 71. I don't need economics lessons from the likes of you .

@@erongi233 Yes and while you did that, you collected wages, not a pension (or a salary, if you prefer). You probably will need pensions lessons though, economists are not known for their expertise in that field, especially as many of them are Keynesian charlatans

@@juliantheapostate8295 I made pension contributions out of income,or salary to be provided so I could sit around doing nothing when I was not working. Like all state pensioners and others contributions are deferred income

When you obtain robots, masses of people will end up unemployed and poor and demand of everything will go down because nobody will be able to afford anything. Atrocious idea