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What they talk about when they talk about money

Posted Oct 22 2010 12:00am
I went to teach yesterday afternoon; ah poetry. T'was a lovely afternoon. Keats. Sweet. On the way there I listened to Radio 4: the debate was about cuts, cuts, cuts, and it was being talked about in that oh, I'm so intelligent I can't help but stammer - 'BBC Radio 4' tone that makes half the population switch off; when actually at the present time they should all be very much switched on, and forgetting about X Factor, or Fearne Cotton on Radio 1 largin' it at Bristol University; though I did station hop a little bit. Boom, boom, boom.

Hm, the report cut into me and I found myself sniffling and crying; this type of behaviour drives Jack around the bend; for real lived life I keep my reserves up, but over stuff like the news I'm an emotional mess.

I am worried; genuinely very worried for the genuine poor. Of course, in the short term I, hardly rich, hardly OK at all, may find myself a little bit flucked; arts council/media/culture cuts, childcare/tax credit cuts, etc. But probably not flucked in the long term, and not in the same way: I already have a university education, I've paid off my student loan, and the most important years of my life will soon give way to 'settling down'. I should probably go out less, and garden a bit more, and work a bit harder, and forget about financial pains. But what about the others; what about the yoofs who -- because of never ending fee increases --  can't afford to go to university? What about the elderly, and the young, who are going to have to live and die through this government?

When Jack returns from his grandparents this evening, I will sit him down and talk about what 'the cuts' mean for us. No more thoughtless spending for the next six months, until we have a definite sense of what is going to happen. I'm working on a recipe for autumn pie made out of tree roots, wet soil and Oxo cubes. If everyone else behaves like this, we'll find ourselves in a double-dip for sure.

I cried because
  • our leading politicians are sitting on pissing huge trust funds.  e.g. our Boy'o George Osborne is thought to have a personal fortune of around £FOUR MILLION. He has no idea how important even just £60 a month is to some people. He probably earns that amount in interest when he takes a shower.
Mr O will yet again blame it all on Gordon Brown but the Tory-Libs should take sole responsibility for what they are doing right now, and not behave like preschoolers: 'It wasn't me Miss, it was him.'

And wouldn't it make more sense to look above for the money, not down?

The supermarkets take take take:  Sainsbury's 2010-2011 profits are forecast at £655 million. And from  the Guardian, Oct 5th, 2010 :  "Leahy was speaking as Tesco posted a 12% increase in half-year profits to £1.6bn. Total revenue climbed 7% to almost £30bn – or £165m a day. The chief executive of Britain's biggest retailer, said that while economic recovery was "slow and steady" at home, the group had seen a "sharp" bounce in its international business."
No wonder we're having a slow and steady recovery at home... 'The Banks' take too: e.g.  "Barclays, Britain's third-largest bank, has reported blockbuster profits  of £11.6bn for 200 9." and " HSBC make £7billion profits in six months ."

But if profits are going up, why aren't prices coming right down?

There's been more talk of benefits and the poor but for the working class, lower working class, working middle class, it is going to be just as bad. The cuts that will be seen in the public sector will have massive repercussions on average families, many of whom work in the public sector providing a service. My sister for example, has worked at a day care centre for years. She has just been given 12 weeks notice. And what about the people, many with disabilities, who use this service? Do they become isolated at home?

When public sector jobs go, many will find they are heading unemployed households, and in turn they won't be spending at the shops... will those working in shops eventually be laid off?  Yet despite the threat of unemployment, the Tory-Libs are stirring up a culture of deriding people on benefits. So maybe what they talk about when they talk about money is not just about economics, but also about the social engineering of our country.

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