Minister In Spain’s Socialist Government Claims Country Needs ‘Millions and Millions’ of Migrants

The Minister for Social Security, Inclusion, and Migration in Spain’s socialist interim government, has said the country, which already has phenomenally high unemployment, requires millions of new migrants from third world nations, similar to the hundreds of thousands of illiterate, unskilled professional benefits claimants who have flooded the country in recent years, to combat the forecasted demographic decline in the near future.

Escriva claimed the demographic projections for Spain are so bad that the country will require “eight or nine million people just to keep our working population at the same level”, and noted that other countries should be “prepared to integrate” large migrant populations, France Info reports.

“The demographic trajectories are there. It will happen, we will not escape it,” Escriva said during a meeting of the Organisation for Economic Co-operation and Development (OECD) in Paris on Thursday.

“We must be prepared to integrate into our societies, if we want to maintain our comfort levels, a certain number of additional migrants and our population will be more mixed,” he said and added: “We have to prepare societies for this. Explain to them why it is good for them, for their children, and for generations to come.”

He’s talking bollocks of course, mass immigration is a sacred cow policy for socialists throughout the European Union, but the EU’s ‘open doors’ policy, imposed on member states by Brussels is responsible for the social and economic problems being experienced by many EU member states.

European Commissioner for Migration Ylva Johansson, who also attended the meeting, went on to state that European Union citizens are worried that we cannot manage migration, that we cannot control it”.

“We must show that we control immigration,” she said and added that the EU could do more to deal with illegal immigrants. Johansson went on to state: “Those who have the right to stay, they are welcome, we must welcome them.”

While many establishment politicians, particularly on the left, have idiotically championed mass migration as a way to boost the economies of European countries by paying out more benefits to unemployable people, serious economic studies such as a 2016 report from the Institute for Employment Research (IAB) claimed mass migration was harmful to long term economic growth.

A University of Basel study released in 2018 agreed, concluding that in the short term mass migration can benefit the economy but in the long term migrants are a net loss for the state, rather than a contributor.

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Politicians talk about encouraging entrepreneurs to create wealth,provide jobs and revitalise zombie economies. But entrepreneurs do not create wealh, they move money and goods around. Only the banks and the finance industry can create the wealth that drives the economy. Bankers do this by using asset values as collaterlal for loans. Learn how the system works and how it failed ….


Number Of Jobless Falls But Are Figures True?

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Los Angeles Residents Fear Major Riots Are imminent, Poll Reveals

Given the current political climate in the USA after eight years of incompetence and divisive policies delivered by the Obama Administration, as well as the effect of ongoing economic conditions on the working and lower middle classes it is surprising the riots witnessed in the past few years have been relatively tame and of brief duration.

Riots in U.S. urban ghettos in the past lasted for days, with millions of dollars worth of damage done and many lives lost. That could be about to change however, According to a poll carried out among resident of Los Angeles someday soon we might ‘see the LA river flowing with much blood,’  (paraphrased from Virgil’s Aeneid.)

For the first time since the riots, there is an uptick in the number of Angelenos who fear that another civil disturbance is likely, according to a Loyola Marymount University poll that has been surveying Los Angeles residents every five years since the 1992 disturbances.

Nearly 6 out of 10 Angelenos think another riot is likely in the next five years, increasing for the first time after two decades of steady decline. That’s higher than in any year except for 1997, the first year the survey was conducted, and more than a 10-point jump compared with the 2012 survey.

The notorious 1992 LA riots were largely fueled by racial tensions. Next time, while racial divisions, depite the best efforts of the race-baiter president, Barack Hussein Obama, will only play a minor role, economic factors are likely to be the driver of civil disorder. Like a majority of Democrat run cities in the USA, Los Angeles is divided by an enormous and rapidly widening wealth gap, with unemployment and under – employment rising among low skilled groups, housing costs and other necessary expenses are crushing the lower classes.

“Economic disparity continues to increase, and at the end of the day, that is what causes disruption,” said Fernando Guerra, a political science professor who has worked on the survey since its inception.

“People are trying to get along and want to get along, but they understand economic tension boils over to political and social tension.”

Although the city’s unemployment rate last year was about half of what it was in 1992, the median income of Angelenos, when adjusted for inflation, is lower than it was around the time of the riots. Poverty rates still remain high at 22%, comparable with the years preceding the riots.

 It should be noted of course that conclusions such as those are based on the government’s fraudulent way of counting the unemployed (i.e. excluding from statistics those unemployed for 99 weeks or more)

There’s something to be said for the idea that there’s a collective unconscious. When that many people feel that violent civil unrest is a real possibility, one should take notice. These people know what their city is capable of, so I can’t help but fear that their concerns are justified.

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Italy’s Prime Minister Says Merkel Unilateral Initiative On Migrant Crisis Is Unacceptable

We have been reporting on the breakup of the EU for several years now. The immigrant crisis, the problems with the European Single currency system and its detrimental effect on the weaker economies among its twenty seven members, and the increasing encroachment of the Brussels bureaucracy on matters of national sovereignty are symptoms of a greater malaise.


The glory that was Rome. but Italy is still one of the world’s largest economies and a prod nation. Chancellor Merkel is foolish to belittle its EU partner (Image source)

The divisions between German leader Angela Merkel and her main allies in the EU, French President Francois Hollande and E U Commission President Jean – Claude Juncker, and the leaders of many other member states deepening, Italy is the latest nation to assert its sovereignty against the increasing trend of decisions being made by the German and French governments in collaboration with Brussels bureaucrats and them imposed on other EU members.

It is unacceptable for German Chancellor Angela Merkel to cut deals on Europe’s refugee crisis with French President Francois Hollande and the head of the European Commission without involving Italy, Italy’s leader has said, according to a report from Reuters.

Italian Prime Minister Matteo Renzi, whose country is one of the main entry points for migrants from north Africa and the middle east to enter Europe illegally, has stepped up his criticism of the EU on a number of issues as he tries to deal with Italy’s stubbornly low economic growth after three years of recession.

Speaking as he prepared to meet Hausfrau – Volksfuhrer Merkel in Berlin on Friday, Renzi told German newspaper Frankfurter Allgemeine Zeitung he would be happy if the German chancellor and President Hollande could solve all Europe’s problems.

“But that is generally not the case,” he said in an interview published in the paper’s Thursday edition.

“If we’re looking for a joint European strategy to solve the refugee question, it can’t be sufficient for Angela to first call Hollande and then EU Commission President Jean-Claude Juncker, and that I learn of the result in the press,” he added.

More than one million migrants have reached Europe over the past year, many of them fleeing conflicts in Syria, Iraq, Africa and elsewhere. The crisis has strained relations between EU member states and tested their commitment to Europe’s open-borders Schengen agreement. This figure does not include any estimate for the ones who have avoided registering as refugees, asylum seekers or economic migrants and simply disappeared into the city ghettoes. One estimate puts the number at 600,000 for Germany alone.

Renzi recently dismissed calls by the groups executive branch, to tone down his criticism of EU policies on European Commission President Jean-Claude Juncker for Italy to desist from criticizing the EU’s disastrous immigration policy, and failure to address issues related to jobs, unemployment, industry, banking and the budget.

“Italy deserves respect,” Renzi reportedly retorted.

“I think that the Italian Prime Minister, whom I respect a lot, is wrong to criticise the Commission at each street corner,” Juncker told reporters in Brussels, hinting at possible domestic reasons for the criticism.

“I keep my bitterness, which is big, in my pocket,” Juncker added. He is also repouted to keep a big bottle of brandy in his pocket.

Caught between the crossfire of two anti-euro opposition parties in Rome and wrestling with stubbornly low economic output after three years of recession, Renzi has opened up disputes with the EU on several fronts. Though this is seen as a diversionary tactic in Europe, Italy does have genuine grounds to object to the way Germany has used its dominant position in the 28 member group of nations.

A big part of the problem is that in pursuit of the Marxist ideal of a single global government with all the peoples of the world enslaved by a ruling elite (what Gorge Orwell called ‘Oligarchical Collectivism’ in his novel of a dystopian future, ‘1984’ the EU bureaucracy and socialist leaders of the most powerful nations have deliberately imported third world cultural and sectarian problems in an effort to destabilise the democratic systems of Europe and pave the way for a bureaucratic dictatorship that would extent the EU into north Africa and the middle east.

The Islamization Of France In 2015


The Muslim population of France reached 6.5 million in 2015, or around 10% of the overall population of 66 million. In real terms, France has the largest Muslim population in the European Union, just above Germany.

Although French law prohibits the collection of official statistics about the race or religion of its citizens, this estimate is based on several studies that attempted to calculate the number of people in France whose origins are from Muslim-majority countries.

What follows is a chronological review of some of the main stories about the rise of Islam in France during 2015:

JANUARY

January 1. The Interior Ministry announced the most anticipated statistic of the year: a total of 940 cars and trucks were torched across France on New Year’s Eve, a 12% decrease from the 1,067 vehicles burned during the annual ritual on the same holiday in 2014. Car burnings, commonplace in France, are often attributed to rival Muslim gangs that compete with each other for the media spotlight over which can cause the most destruction. An estimated 40,000 cars are burned in France every year.

January 3. A 23-year-old Muslim man in Metz tried to strangle a police officer while shouting “Allahu Akbar!” (“Allah is the greatest!”). The assault took place at the police station after the man, who was arrested for purse-snatching, asked the officer to bring him a glass of water. When the policeman opened the cell door, the man lunged at him. The officer was rescued by a colleague who saw the scene unfold on a video surveillance camera.

January 7-9. A series of jihadist attacks in Paris left 17 people dead. The first and deadliest of the attacks occurred on January 7, when French-born Islamic radicals Chérif and Saïd Kouachi stormed the offices of the magazine Charlie Hebdo and fatally shot eight employees, two police officers, and two others, and injured eleven other people. On January 8, a third assailant in the attacks, Amedy Coulibaly, shot and killed municipal police officer Clarissa Jean-Philippe in Montrouge, a suburb of Paris. On January 9, Coulibaly entered a HyperCacher kosher supermarket in Paris, killed four people and took several hostages. Coulibaly was killed when police stormed the store. His female accomplice, Hayat Boumeddiene, France’s “most wanted woman,” remains at large and is believed to have fled to Syria.

Read full article from The Gatestone Institute

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The lies and deceit of official unemployment statistics

Economy Booming, Unemployment Dropping So Why Are So Many People Out Of Work?

by Phil T Looker, The Daily Stirrer

Unemployment is in freefall the latest government figures tell us. So why aren’t we feeling it?

More people are working, but work doesn’t pay a living wage. Employment is up, but tax revenue is down. The economy is humming again, yet Britain is still in debt. What exactly is going on?

The latest statistics, published today show unemployment rates have fallen to their lowest level in five years. The Coalition has presided over an incredible boom in employment, with Britain gaining jobs at the fastest rate of any country in Europe. This week David Cameron even resurrected the old dream of “full employment”; our own leader column calls it a “jobs miracle”.

So why isn’t it doing us any good?

Lefties will screech about the need to raise the minimum wage, but the minimum wage has never worked and never will. Employers imply cut hours.

Even with more people in work than ever before tax revenues aren’t as high as were predicted. Why? The usual suspects are involved, part time working, zero hours contracts, and the statistical trick of only counting those claiming job seekers allowance as unemployed and classifying the long term unemployed (jobseekers allowance runs out after two years,) as not economically active. Count the real unemployed rather than the ‘scientifically’ unemployed and the figure has dropped little since its peak in 2009. As it happens, two analysts at Citigroup – Michael Saunders and Ann O’Kelly – have been considering exactly this question.

They found that the problem is not corporation tax – higher profits mean revenues have grown at almost double the rate predicted. Nor is it VAT, which has grown by exactly as much as expected. Stamp duty has gone up by 34 per cent. Neither high-rolling executives nor ordinary shoppers have slowed down their contributions. You can read the full analysis with charts in this Daily Telegraph article.

It is an excellent analysis and confirms all of the suspicions cited by business managers and accountants. It will be useful however, for the benefit of those who are not accountants, to expand on the bare statistics in order to highlight where the under-employed, and those who claim the lion’s share of working tax credits, are coming from. See this report created by a statistician with the help of a Freedom Of Information request. Yes, its another indictment of uncontrolled immigration and the eagerness of main pary politicians to smooth the path of those who arrive in our country illegally, to full residency rights.

The problem with the Government / Office of National Statistics methodology is the manner in which the UK assigns ‘nationality’ to anyone who wasn’t born in this country, and excludes naturalised British citizens (i.e. it doesn’t include non-UK born children who were naturalised).

From Table 2 in Saunders and Kelly’s analysis it is notable that of lower income tax credits families with children – i.e. whose awards include both Working Tax Credit and Child Tax Credit – over a quarter (27.13%) are migrant families.

From Table 3 this group of lower income families with children forms almost half (48.25%) of all migrant families claiming tax credits. Lower income families with children form a smaller proportion of non migrant families claiming tax credits (39.14%).

From Table 3 a slightly lower proportion of migrant families are out of work families with children (26.5%) than non migrant families (31.4%). However, from Table 2 migrant families comprise nearly a fifth of tax credits families who are out of work couples with children (19.49%) but only half that proportion of out of work single parents (10.59%).

The key issue however is that despite the increase in employment numbers there has not been a corresponding increase in the income tax take.

Clearly there has been an increase in low paid low skilled jobs. The influx of labour from eastern Europe and the subcontinent combined with Gordon Browns working tax credits has meant that the elasticity of labour supply has depressed wage growth and it may be simply that the treasury models have incorrectly forecast, in their models, this effect.
Secondly, there has been a significant increase in self employment, many of these self employment jobs have been created by East Europeans typically your Polish/ Romanian builders and as such the tax take from such employment is generally much lower than PAYE as a result of cash transactions etc.

Additionally, at least from my experience, much of the self employment increase has also been driven from higher Salary earners particularly in the media and IT sectors (so fed up with high levels of Tax and what they see as Government waste) that they opt out of PAYE employment and take on contract work under IR 35 where they can reduce their Tax charge by as much as 30% to 40% as well as their NI charges.

Thirdly, the very low even negative yields on fixed income investments that have resulted from low interest rates must have a significant impact on the tax take.

Statisticians delude themselves that those not inducted into the mysteries of the dark arts are easily fooled by graphs and charts, in truth it is statisticians who are easily deceived by their own deceptions. People who live in the real world do not look at and graphs, they look at the bottom line of their payslip and think about how they will stretch it to pay the bills and put food on the table

The do – gooders can screech all they like and demand that the minimum wage be raised to £10 per hour or even higher. If like a young woman I know, somebody is bullied by public servants into taking a minimum wage ‘job’ that only provided seven and a half hours a week work, in order to get her off the unemployed register, it still isn’t going to giver her family a living wage.

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Stunning Explanation For America’s Unemployment Epidemic: Obesity

obesity causes unemployment
This man is a qualified Personal Fitness Adviser but no gym will employ him

Pundits agree that The Federal Exchange(The Fed), the US equivalent of The bank Of England, no longer has any idea what it is doing, or where it is steering the American economy, as exemplified by the Chairwoman’s response that she has little “confidence” in the Fed’s current set of forecasts (because one can be wrong only for so long about the economy before one indeed loses all confidence in one’s abilities to say sooth and thus be the economy’s soothsayer). Apart from being clueless about what is happening in the economy the Fed has no idea how or why unemployment – as massaged as it may be courtesy of tens of millions of Americans dropping out of the labor force – is as high and as structural as it is.

It appears however there is something far more structural with America’s long-term unemployment problem, something not even the “smartest academics in the Harvard Business School room” can diagnose. Surprisingly, earlier today Gallup Research reported one factor that may be contributing to America’s unemployment malaise – the same problem that is the reason for the insolvent US welfare state coffers: obesity.

According to Gallup, Americans who have been out of work for a year or more are much more likely to be obese than those unemployed for a shorter time. The obesity rate rises from 22.8% among those unemployed for two weeks or less to 32.7% among those unemployed for 52 weeks or more.

Well I guess when you are too fat to wipe, there’s no chance of you holding down a job as a shelf stacker, still less a burger flipper. And as for walking fifteen miles a day as an order picker for Amazon, the less said the better.

Economic Recovery or The Return Of Insanity?

Remember the insanity of Labour’s economic boom when Gordon Brown and Gauleiter Ed Bollocks masked from us the fact that we were already up to our necks in rising shit by forcing property prices up with easy credit, letting bankers trade toxic debt and telling us the economy was actually growing. And remember how some economic genius in the Treasury, backed by a fuckwit economic genius called Krugman who knows less about economics that a turd said the only way to reduce a crippling deficit is by offshoring all our manufacturing industry, inviting mass immigration to a land with no jobs to offer and borrowing shitloads of money that we could not repay (coz the economic genius who apparently won a Nobel prize for fuckwittery economics said if you let in a few million immigrations, and pay them benefits then they spend money in the UK economy and it creates growth).

Well the insanity is back. There are several reasons, first there is an election in the offing so the economy needs to be talked up. Second, the same fuckwith economists as advised Labour prior to 2010 are advising the coalition now and giving the same bad advice. Third, there is another economic crisis looming and the only way to delay it until the elite have got all their assets converted to gold or commodities is by inflating a new debt bubble. Inflation isn’t really down, unemployment isn’t really improving, and silly interest rates having failed to stimulate the economy are still crippling pensioners and savers.

Now only an economist or a Labour politician (they’re more elitist than the Tories you know) could be fuckwitted enough to think GDP is reliable measure of economic performance. It measures money churning in the economy, not money being made. For a picture of how insane the system is, read Creating Wealth in which I explain how the illusion of economic growth works. I tried to make it simple enough for even a Politician or University Lecturer in economic to understand.

but if that is too difficult, here’s a clip from the 1986 move Back To School in which Rodney Dangerfield pays a self made millionaire who goes back to school to complete his education. In this scene Dangerfield’s character finds himself having to explain the realities of life to a cupid stunt of an economic lecturer who has spent all his life studying the “theory” of business and never held down a real job in the real world. If you are a sane person, you’ll enjoy this but if you think what the country really needs is another dose of fuckwit economics then you should not even be in my site. GET OUT NOW!

The reason I am posting this dire warning is that at a property auction last week a large garage in Camberwell (London) – somewhere to put a car at night, that is, not a repair business or petrol station – was sold for £550,000, having been put on the market by Southwark council as a “development opportunity”. A man from property website Zoopla told the Financial Times that “the buyer could create a significant return despite paying what seems like an extortionate premium today”.

In other words, if you own a shed you are probably richer than you think, just watch globalised capital’s alchemy turn rotten wood into gold. but don’t wait to long before cashing in your chips.

Experience should tell us that even if George Osborne’s property bubble is lifting prices all over the UK as the Brown Bollocks boom did between 2002 and 2010, London has long since left everywhere else on the ground. Over the past year, property values in the capital have risen by 18% and the gap between prices there and the rest of the UK is the biggest since records began. The average monthly rent in London is now £1,125. A garage can sell for half a million in London, you can buy a two bedroomed terraced house in reasonable condition in a not too bad street in Blackburn or Burnley for £25,000 (you can actually buy a “development opportunity” for £2000.

The cost of a house in London and the south east is now beyond all but the wealthy. The cost of a house in most parts of the midlands and north is beyond couples on average income. So who benefits from a property led boom? The bankers, that’s who. The finance industry not only fixes economic policy in its own interests but also sucks up public investment. The dire political consequences of this are all around us, though a capital-focused media often fails to see them. But the truth is we are now in a worse state due to economic mismanagement than we were in 2010, 2008 and 2001, in the wake of the last three crashes.

And the conservative politicians tell us they are doing well, and the Labour politicians tell us they would do better by repeating all the mistakes they made during thirteen years of misrule between 1997 and 2010.

We’re fucked. Vote UKIP.

The Death By Debt Of Western Civilization

debt burden
Picture: The Debt Burden. Source: financialhelper.co.uk

For every £1 which the Labour government added to the British economy between 2001 and 2009, they added £5.40 in debt (source below). That statistic puts into perspective the news that unemployment is down, inflation is on target and growth is up. This does not really mean the economy is staging a Lazarus style comeback. It is bad news really because the wrong message will be inferred, as Cameron’s showboating in Parliament and Gideon’ Osborne’s jumping on the conference table in Davos and yelling, “We’re the Bits, we’re well hard and we’ll take you all on,” have demonstrated.

Among the youngish men who have never had a proper job in the real world but think a PhD in Philosophy, Politics and Economics and a few years experience as a political researcher makes them an expert in everything Nick Clegg is furthest off the mark in thinking that the signs point to closer links with Europe and eventual entry into the Single Currency system. He wants more public spending and will we all stop accusing pervy Lib Dem politicians with perviness please. Boris Johnson has argued in the past that we should “dump the rhetoric of austerity today,” while rousing choruses of “Happy Days Are Here Again” have been heard around Conservative headquarters. At a time when the economic situation demands a serious attempt is made to explain why austerity is necessary and a more vigorous implementation is vital, the Prime Minister and Chancellor want us to buy bigger houses, the Deputy Prime Minister wants to spend more and the Mayor of London wants us to close our eyes and ears and pretend we’re in a safe place.

If the latest statistics tell us anything at all, it is that despite that the official huffing and puffing about recovery, Britain’s economy has run aground on the shoals of stagnation (don’t we British love a nautical metaphor). There many be more jobs, but we must remember that many of them are part-jobs, only offering twenty or thirty hours work per week. This is evidenced by the lower productivity and no real growth in the economy.

Let’s be honest for a while, pumping the equivalent of five per cent of GDP into the economy by printing money (aka Quantitative Easing) while only managing to show two per cent growth is a recipe for financial catastrophe. And with official inflation still running ahead of GDP growth (and real inflation even higher) in real terms the economy is still shrinking. If people earn roughly the same as they did seven years ago, before the credit crunch, and the real cost of living has risen in the region of four to five per cent each year, the difference in lifestyle will be enormous.

While interest base rates (the rate government lends to banks) remain near zero while the banks charge much higher interest rates for lending the money straight back to government at over three per cent (yes, that’s how Quantitative Easing works when governments have a structural deficit), costs will continue to rise and wages will not . Currencies will continue to go down like the proverbial Lead Zeppelin against commodities and energy costs will go on rising. We truly do live in Interesting Times, and they will not be ending soon.

The question of when Britain will return to real growth as opposed to growth through manipulated statistics (there’s an election just over a year away remember) is difficult, but from every side of the argument there is one common but completely wrong headed assumption, that if we follow the right policies now then we will be back up and running at 3pc annual growth in three or four years.

The fault lies with neither Labour, Conservative nor even Coalition government. The rot set in decades ago, when Margaret Thatcher’s government (and Ronald Reagan’s administration in the USA) started to base their economic policies on the Kumbayaism of academics rather than the sound advice of people who ran businesses. Back then the panacea that did not work was controlling the money supply. Yes, it would be lovely if we had free trade and everybody could sell their goods on equal terms in a free market, without let or hinderance. Such utopianism is fine on paper, where the economics of academia start and end. but exporting jobs to India and China in the sure and certain knowledge of those nations buying services from our countries that they could provide more cheaply and just as efficiently “in house” and buying into our values and tradition of fair play was just delusional.

So we are stuck, economies go west as jobs disappear over the eastern horizon while national, business and personal wealth disappears down the drain. One of the big problems those visionary economists were too myopic to see even though it was staring them in the face is that if you create a huge pool of Labor by exporting jobs, it places an enormous financial burden on the state as welfare and social security bills rocket. This forces up taxes and eventually, as higher taxes cause more unemployment it leads to more borrowing in the bond markets to fund the deficit. Every bond sold increases the amount of interest the government must pay which again forces up taxes. It is a series of concentric vicious circles.

And example of the sheer idiocy of academic economists like Paul Krugman (Krugmanomics) is their belief that increasing benefits (funding the extra spending through borrowing of course) contributes to GDP growth. They are too naive, too ignorant of real life, to understand that GDP is only a measure of churn in the economy. An increase in GDP does not indicate greater productivity.

Until low income earners have the tax burden lifted, which would mean getting the deficit (NOT the National Debt, that’s a different problem) to near zero, consumption spending will be low and living standards will decline. The Conservatives seem to understand this but do not have a clue how to achieve it, while Labour are still advocating their own version of Krugmanomics, created by finance spokesman Ed Balls, which future historians may come to call Bollocksonomics. Bollocksonomics involves expanding the public sector vastly by creating non – jobs in town halls and government departments. A non – job is a position which caries a salary without any job description, functions or tasks having been defined. For examples non – jobs follow this link.

Such drastic deficit reduction also cannot happen without people accepting that others can afford to give them less through the state. That won’t happen at all, one only need witness the wailing and gnashing of teeth from the hand wringers and bleeding hearts of the Labour voting, middle class left at any mention of benefit cuts to understand why.

The political will, and more importantly the reforming zeal needed to take on the smug, affluent wailers just isn’t there. Another fly in the ointment is the grip on the public sector of the Unite Union, an anti British organisation that will do absolutely anything to prevent necessary reforms to the financially crippling benefit system.

Soon none of this will matter. The compound effect of the rapidly increasing debt burden we are under will be such that the deficit will need to rise again to sustain it. Add to that the financial disaster that will ensue should Labour return to power in 2015 as well they might, and open up the borders to uncontrolled immigration (as they certainly will) while giving those unskilled immigrants generous benefits and free health care, and the debt burden will reduce us to a Greek style basket case economy by the end of their first term.

Further Reading: Perfect Storm by Dr. Tim Morgan, Tullett Prebon

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