Showing posts with label inflation. Show all posts
Showing posts with label inflation. Show all posts

Friday 6 August 2021

They Laugh.

They are laughing at us.

           So the pandemic seems to be in retreat here in the UK, during this pandemic the government poured billions of pounds into the coffers of big business, to keep their corporate friends form loosing too much of their ill-gotten gains. The debt just piled up, now it’s pay back time, that’s where you and I come in to foot the bill. Austerity the word that dare not speak its name, but is there in the guise of efficiency savings. To you and I that means closure of libraries, community centres, swimming pools, workers paid off, social services slashed and of course for many there will be a wage freeze (cuts in reality) as prices steadily move in an upward direction. Just announced is a £139 rise in energy prices for 11 million of us consumers as the price cap has been raised. The mountain of debt will have to be paid back as the financial Mafia set out their terms of repayment and demand their pound of flesh and it is you and I that will bleed, not the billionaire class who gained so much during this pandemic.
        During the pandemic while you and I struggled as best we could, the one class that saw their wealth balloon was the billionaire class. Just a couple of headlines make this very clear: Billionaires' wealth rises to $10.2 trillion amid Covid crisis and The billionaire boom: how the super-rich soaked up Covid cash and COVID-19 has made the super-rich richer. It’s time for a billionaire wealth tax and Billionaires got 54% richer during pandemic, sparking calls for "wealth tax" of course you and I know, there will be no wealth tax, and if there is it will be some small change they have in their pocket. That suggestion is just a paracetamol for the public, it makes them feel better but does nothing for their problem.
         If nothing else, this pandemic showed up the glaring inequalities inherent in this economic system. While you and I struggled to survive this pandemic the billionaire class and their government cronies, were laughing at us. It is long past the time when we should stand up and wipe that smile of their smug faces. The efficiency savings and our struggle for a decent life will continue and that struggle will become more difficult, unless we take on this billionaire driven system of greed, inequality and exploitation. It is a man made economic system, not the words from above written in tablets of stone. Let’s organise to bring it crashing down once and for all, we can create that better world for all.
Visit ann arky's home at https://spiritofrevolt.info   

Wednesday 16 April 2014

Propaganda, Propaganda, Propaganda,


      A couple of things that recently got a lot of cover in that babbling brook of bullshit, our mainstream media, one was Greece returning to the bond market, and the other, UK inflation dropping to 1.6%. These two pieces of information were meant to make us all feel a lot better, the propaganda machine was in full throttle. As for Greece entering the bond market, what this means is that the financial Mafia gambling cabal, had another casino in which to place their bets. They were prepared to loan the corrupt Greek state €3 billion at a nice healthy rate of interest of 4.75%, a mere drop in the bucket as far as Greek state debt is concerned. Does this mean that all is well in Greece and that the 27% unemployment, and 60% among the young, will suddenly evaporate? Does it mean that the trashed health service will, like magic, rise to the needs of the people? Will the abject poverty and deprivation be transformed into a land of milk and honey? Well perhaps a look at some of the figures might answer those questions. Greece's public debt in 2008, the date of the gambling casino collapse, was €263.3 billion, and the prediction for 2014 is €322 billion. The size of Greece's debt as a percentage of GDP in that 2008 bubble burst, was 112.9%, 2014's prediction is 175.9%. What Greece's re-entry to the bond market really means is that it is obvious gamblers can't stay away from the casino.
       The excited wetting of nickers among the millionaire cabal sitting in the Westminster Houses of Hypocrisy and Corruption, at the news the inflation in the UK has dropped for the sixth consecutive month to 1.6%, will not be transferred to the ordinary person on the street. According to a study by The Institute for Fiscal Studies (IFS) mid-range household incomes between 2013 and 2014 were 6% below what they were before the gamblers crisis of 2008. Other interesting figures from the study state that between 2008 and 2013 inflation was 20%, energy prices rose by 60% and food prices by 30%. Where were incomes during this period? Did your income rise enough to cover that 60% rise in energy prices, or the 30% rise in food prices? It is all smoke and mirrors. The truth is that we as a people here in the UK are sliding down the shute to a sweatshop economy. Last year almost a million adults and children received emergency food parcels from food banks, a rise of 163% on the previous year. Irrespective of what the propaganda machine might say, more and more people are turning to food banks for survival. The Trussell trust has over 400 food banks and is opening two a week, compared to only three in 2012/13. Of course The Trussell trust is not the only organisation handing out food help to those in need, they are just the tip of the iceberg. What about those living in areas where there is no Trussell Trust, what about all those who just eat less and feed their kids less, perhaps too proud to seek help or unaware of where to get that help. The Trussell trust states that it is now expanding its services to include welfare advice and providing essentials such as washing powder, nappies and hygiene products, as more and more families are at breaking point and food is not their only problem. This is the true picture of Britain's low inflation figure

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Friday 28 June 2013

Do You Want To Go Done The Plughole?



      Experts come up with what we already know, living standards are falling fast. According to the Joseph Rowantree Foundation, real inflation since 2008 has risen by 25%, and we know that wages have fallen by at least 10% in the same period. The Foundation, also states that in the last 12 months the worst hit are pensioners and those living alone, pensioners seeing a 4.2% increase in living costs, while people living alone have seen an increase of 2.4%. George Gideon Osborne's attack on benefits such as freezing child benefit, tax credits "uprated" by 1% and the increase in the cost of essentials, meant a working couple with two children will be £230 worse off a year, a working lone parent £223 and a single person worse off by £49 per year. On top of this another bunch of experts gave us more information that we the ordinary people already know. The Office of the Children's Commissioner for England states. due to the governments spending cuts along with tax and benefit changes, an additional 500,000 children will be pushed into poverty by 2015.
       We living in this financial Mafia ideological attack don't need experts to tell us that we the ordinary people are being hit hard and being impoverished, and we don't accept experts to telling us that it is necessary. Our poverty is only necessary to save the financial mafia from losing some of their gamled plunderer, plunder that they stole from us the ordinary people.      
     This is the picture of a country where the ordinary people are spiraling down the deprivation plughole. No where in any government report or statement does it say that we will get back to even near the standard of living of 2008. That era is history, the new vision is of sweatshop Europe, with employment regulations shredded, wages at rock bottom and benefits evaporated. Then corporate Europe can compete with the Eastern sweatshop empire. Ah the wonders of capitalism.
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Wednesday 12 June 2013

What Will Your Grandkids Wages Be?



       According to the Institute for Fiscal Studies, UK wages have fallen more in real terms than ever before. According to Claire Crawford of the IFS “The falls in nominal wages - - - during this recession are unprecedented.” Of course we all know the reason, a deliberate policy by employers, public and private, to use the “crisis” to freeze wages or in some cases cut wages. Workers are facing a continual rise in living costs with inflation running at between 2 to 3%, while aproximately one third of workers who stayed in the same job since the “crisis”, have taken a wage cut or wage freeze. Those who have not, have seen wage increases of well below the inflation rate. Of course any wage increase below inflation is in fact a wage cut.
       With “austerity” set to continue into 2020, can you calculate by how much your income will have fallen in real terms by then? We are well on our way to being the UK section of the European sweatshop economy. With a downwrd spiral forecast until 2020, and then some promise of pie-in-the-sky, you can see what kind of future our kids and grandkids are heading towards.
       Of course this "austerity" business is just for you and I the ordinary guys, those at the top haven't even had a whiff of "austerity". Corporate bodies are holding vast volumes of cash, waiting for the right conditions, a pool of very cheap labour, then they will start to exploit it with a vengeance. Their aim is an abundance of cheap labour, ours is to live a decent life with some dignity, the two are incompatible. The sooner we realise this fact the sooner we can all come together and dismantle this burden on our shoulders and start to create that better world. A world of co-operation in place of competition, of mutual aid in place of profit, a world that sees to all our needs and not the greed of a handful of parasites.

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Wednesday 17 April 2013

That Elusive Growth Thingy.


      Austerity isn't working for that elusive "growth", across the globe the "experts" keep cutting the expectations of economic growth. So what's their answer? More "structural reforms", in other words, more of the failed austerity. The policies that are devastating the living standards across the world, according to those "experts" have to be re-doubled. Corporate growth means more than the wellbeing of people, screw a generation or two, as long as our failed and unjust economic system survives. Wage increases in the UK for the last year were running at an average of 0.8%, while inflation is steady at 2.8%, in real terms, that's a massive wage cut. Wage cuts are only part of the question, thousands of working people are paid so low that they have to rely on benefits of one kind or another, and with benefit cuts coming into play, poverty's cruel hand is grabbing the coattails of more and more individuals and families.
       Falling wages, slashed benefit cuts and rising unemployment, all, so we are told, necessary, for what? Necessary for the survival of an economic system that will never see to the needs of the ordinary people. Necessary for the survival of a system that pampers parasites. The world is not short of resources, we have enough to see to the needs of all on this planet. Warehouses are full of food and other necessities of live. We don't, not because we don't know how to go about it, nor is it because we don't want to see to the needs of all. No, its because the rich and wealth, through their political puppets, forbid such actions to take place without there being a profit in it for them. In the corporate world, life is cheap, but commodities are expensive.
 "--------Summarising the latest set of global data, leading economics professor Eswar Prasad says: “The global economic recovery remains stuck below takeoff speed, unable to achieve liftoff and facing the risk of stalling.”          
        Prasad’s warning that “politicians around the world continue to avoid tough structural reforms, instead relying on central banks to continue propping up growth”, implies a redoubling of the assault on living standards that has produced 60% unemployment among young people in Greece and Spain."
Read the full article HERE:

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