Laura Posted September 11, 2009 Share Posted September 11, 2009 How long till Bliar takes over the EU? he'll set them straight on the awesomeness of debt. but I bet he wont give a speech to the WI again the little turd Quote Link to comment Share on other sites More sharing options...
interestrateripoff Posted September 11, 2009 Share Posted September 11, 2009 Not quite.I assume you are referring to 2 times gdp. Well gross salary more closely equates to profits before tax. It is part of the value extracted from sales. While gdp more closely resembles sales revenue. It is the total value of goods and services. Let's be generous and say the profit margin (before tax) on sales revenue is 20%. Wouldn't that equate to 10 x salary? Even better ratio if GDP drops. Quote Link to comment Share on other sites More sharing options...
Laughing Gnome Posted September 11, 2009 Share Posted September 11, 2009 this really does remove most arguments against privatising all public services bar the NHS, libraries and a handful of other essentials.fact is, without this, we're f00ked; with these privatisations, our children have a chance. So long as they don't need to use the services. Quote Link to comment Share on other sites More sharing options...
interestrateripoff Posted September 11, 2009 Share Posted September 11, 2009 Of course another way to look at it would be what is the borrowing as a multiple of the tax take? (Anyone know?) Don't ask Darling he hasn't a clue. How can you work out a multiple from a rapidly decreasing figure? Quote Link to comment Share on other sites More sharing options...
Georgia O'Keeffe Posted September 11, 2009 Share Posted September 11, 2009 (edited) you gotta love the privatisation concept, the taxpayer/shareholder unintentionally through his pension fund gets to buy what he already owns and then once the new management have succesfully taken the taxpayer/shareholders to the cleaners and built up enough debt it gets given back through renationalisation to the taxpayer/shareholder ta pay the debts off. Its almost poetic Edited September 11, 2009 by Tamara De Lempicka Quote Link to comment Share on other sites More sharing options...
Si1 Posted September 11, 2009 Share Posted September 11, 2009 Have the gas companies been making massive profits? Of course, their priority is the shareholder not the public sector management and unions. corrected for you Quote Link to comment Share on other sites More sharing options...
Si1 Posted September 11, 2009 Share Posted September 11, 2009 So long as they don't need to use the services. can you justify this at all? Quote Link to comment Share on other sites More sharing options...
Si1 Posted September 11, 2009 Share Posted September 11, 2009 you gotta love the privatisation concept, the taxpayer/shareholder unintentionally through his pension fund gets to buy what he already owns and then once the new management have succesfully taken the taxpayer/shareholders to the cleaners and built up enough debt it gets given back through renationalisation to the taxpayer/shareholder ta pay the debts off. Its almost poetic it IS poetic, in that it is fictitious. Quote Link to comment Share on other sites More sharing options...
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