Thursday 2 October 2014

 
Tax Cuts For The Rich? 4 Graphs David Cameron Does Not Want You To See
When and where did Cameron say he did not want me to see these graphs?
Graph 1 shows the most help going to middle earners
Graph 2 shows the richest benefiting less than the poorrest, with the greatest benefit to the lower middle
Graph 3 shows only the richest see a flat loss, the poorest gain and the lower middle swap government subsidy for keeping more of their own money.
Graph 4 is a nonsense: it simply shows that most people do not make 50K.

Note two key facts from the Office for National Statistics
         52% of UK households received more in benefits than they paid in taxes. That is, the tax and benefit scheme is a straight transfer from the richest half to the poorest half - pretty much what a welfare system is supposed to do, even if the richest half may not be happy about the results of their labour being given to the idle. (Most of us do not object to supporting the ill, the infirm or the temporarily unemployed.)
       Since 2007/08, the fall in income (-5.2%) has been largest for the richest fifth of households. In contrast, the average income for the poorest fifth has grown over this period by 3.5%. (So some good news on the income inequality front.)

Times Higher Education World University Rankings Shows UK Losing GroundSince 2007/08, the fall in income (-5.2%) has been largest for the richest fifth of households. In contrast, the average income for the poorest fifth has grown over this period by 3.5%. (So some good news on the income inequality front.)

Rankings are interesting: the highly respected AWRU (Shanghai) uses academic criteria only and has only 6 UK universities in the top 100, 2 in the top 10 (oxbridge). The Times table adds teaching (30%) industry(2.5%) and international outlook (7.5%) into the score, gets 10 UK institutions in the top 100 and 3 in the top 10 (add Imperial). QS puts 10% on employers, 20% on teaching and 10% on international diversity, to squeeze 15 UK universities into the top 100 and 4 into the top 10 (add UCL). 
AWRU is probably the most objective, but QS is probably the best to help a student decide where to go.

Banksy Artwork Destroyed For 'Being Racist' The logical consequence of political correctness: any comment that can possibly be construed as aint-immigrant is immediately called "racist" and all racist commmunication must be expunged.

‘Republicans Are People Too’
Republicans and people; American citizens, who want America to be a good place to live.Democrates are people; American citizens, who want America to be a good place to live. They often disagree on how to achieve this.
     Only idiots think the other side is less than human or wants to damage our country.


Tax breaks worth billions set to expire unless Congress acts
Oh dear.  50 welfare handouts to companies and the rich will expire?  Quick do something!

Parliamentary burqa rules 'treat Muslim women as second-class citizens'.02 Oct 
The parliamentary rule does no such thing. It does NOT say that only muslims must do anything - it says ALL masked people.

PS: Wearing a burqa is deliberately offensive to the local cultural values of Australia. Australians do not believe that there are people so high and mighty that none dare look upon their face. Should a burqa wearer state that it is okay for one gender to look upon her face but not for another gender, then it is rank sexism.

Comments:

Post a Comment

Subscribe to Post Comments [Atom]





<< Home

This page is powered by Blogger. Isn't yours?

Subscribe to Posts [Atom]