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CommonSense

Would You Post It?

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What if you saw a possible economic idea that (maybe) the government hasn’t thought of and no one has mentioned before, an idea which paints a bleak picture for the future, an idea which could be spun by the government to seem like a great gift to people in trouble from an oh so benevolent treasury. You are fearful that posting the idea could seed and water the imaginations of those who wish to stifle the free using their own debt as shackles thus the fulfillment of my own prophesies. But on the other hand you feel the need to warn others of a desolate future-possible. Would you post it?

Sorry for the melodramatic nature of this post but I’m in that sort of mood this morning.

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Yes, because the liklihood is that there are flaws in the arguement/viewpoint, and the clever brains on this forum are likely to be able to point them out.

Good point, I'll come up with some wording when my time allows!

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id post it.

the people on here are much more open and honest than any government spinster could ever be. they are less greedy than a BTL or boomer and they are inclusive in ideas and all for a solid uk plc economy.

this is the british public. these are the called upon.

who are others to vet the truth.

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What if you saw a possible economic idea that (maybe) the government hasn’t thought of and no one has mentioned before, an idea which paints a bleak picture for the future, an idea which could be spun by the government to seem like a great gift to people in trouble from an oh so benevolent treasury. You are fearful that posting the idea could seed and water the imaginations of those who wish to stifle the free using their own debt as shackles thus the fulfillment of my own prophesies. But on the other hand you feel the need to warn others of a desolate future-possible. Would you post it?

Sorry for the melodramatic nature of this post but I’m in that sort of mood this morning.

I suggest you get out more

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Was watching the good life last night - the episode where they discuss pensions and tom goes to the bank manager to ask if he'll give him an income every year in exchange for his house when he's dead.

Was some very funny comments about their house being worth 25k!!!!!!!! And that house prices are always going up.

So was this a new idea when the show was first shown?

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assetpriceinflation is probably correct, I should get out more yes.

Now what I was thinking was this, I was considering what would happen if I lost my job, firstly my rent and my council tax would be paid for through benefits etc etc.

Now (please pick holes), what if the government decided to ‘gift’ myself and all others in my situation government credit to the tune of say a couple of grand (arbitory figure) at at spinnable low interest rate to cover my expenditure until I gained employment once again, in other words, my benefits would be paid by my future income (similar to the student loan system). Does this already happen? Does this happen anywhere else? What’s to stop the government operating this nightmare scenario?

I hope this cannot come to fruition, can the more learned out there prove to me that it is not possible?

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assetpriceinflation is probably correct, I should get out more yes.

Now what I was thinking was this, I was considering what would happen if I lost my job, firstly my rent and my council tax would be paid for through benefits etc etc.

Now (please pick holes), what if the government decided to ‘gift’ myself and all others in my situation government credit to the tune of say a couple of grand (arbitory figure) at at spinnable low interest rate to cover my expenditure until I gained employment once again, in other words, my benefits would be paid by my future income (similar to the student loan system). Does this already happen? Does this happen anywhere else? What’s to stop the government operating this nightmare scenario?

I hope this cannot come to fruition, can the more learned out there prove to me that it is not possible?

What an interesting (and terrifying) idea. Here are my thoughts:

What would you imagine would happen in this dystopian future if someone was not able to find a job in time?

What about dependants - would parents get more "credit" than single people?

If the poverty trap is bad now - how much worse could it be under such a system?

Would there be an earnings cutoff like with student loans?

UM

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What an interesting (and terrifying) idea. Here are my thoughts:

What would you imagine would happen in this dystopian future if someone was not able to find a job in time?

What about dependants - would parents get more "credit" than single people?

If the poverty trap is bad now - how much worse could it be under such a system?

Would there be an earnings cutoff like with student loans?

UM

What if the government could restrict emigration due to still being in debt to uk plc?

I'm getting all conspiracy theorist and paranoid I know but current climates dictate that paranoia is teh philosophical middle ground.

Debt being slavery of the free etc etc

It's effectively the nightmare solution to eradication of the welfare state. And considering the elimination of 'innocent till proven guilty' and that detention without charge is now the norm, is it not within the realms of possibility.

Hope I'm paranoid.

Hope I'm just losing my handle.

"What would you imagine would happen in this dystopian future if someone was not able to find a job in time?"

Dunno, 'dystopian' is a very big word

"What about dependants - would parents get more "credit" than single people?"

Of course, 33% extra for a couple probably

"If the poverty trap is bad now - how much worse could it be under such a system?"

It's a room with no exits

"Would there be an earnings cutoff like with student loans?"

Yeah, linked to real inflation.

I think I have a coat somewhere that I should be getting.

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CommonSense, there's a job for you as a policy advisor at Central Office.

Very cautiously I think it might have some merit, except that if implemented by this current Government you would find it only being applied to those who are of a "working mindset" and the numbers on IB would expand.

By merit, I mean might it stop the utter farce of £37k to Lizzie whoever and probably quite a few more.

Probably not.

So would be yet another "tax" on the middle.

Perhaps best you keep this to yourself and not make it public.

Ooops.

There'll be a briefing paper in Whitehall saying much the same. Might be gathering dust. For now.

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assetpriceinflation is probably correct, I should get out more yes.

Now what I was thinking was this, I was considering what would happen if I lost my job, firstly my rent and my council tax would be paid for through benefits etc etc.

Now (please pick holes), what if the government decided to ‘gift’ myself and all others in my situation government credit to the tune of say a couple of grand (arbitory figure) at at spinnable low interest rate to cover my expenditure until I gained employment once again, in other words, my benefits would be paid by my future income (similar to the student loan system). Does this already happen? Does this happen anywhere else? What’s to stop the government operating this nightmare scenario?

I hope this cannot come to fruition, can the more learned out there prove to me that it is not possible?

It's an excellent idea although in a sense it already happens, you start paying tax/NI again when you reenter the workforce. The government has to avoid doing anything which will bolster the already numerous ranks of the idle and feckless.

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You mean like WTC?

But without a job.

So you'd get cash for minimum standard of living and then repay it?

Hmm they could do pensions so you repay it out of your estate when you're dead. (Or if you have nothing they chop off your organs and limbs for sale to the highest bidder)

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This is already being done in the US with their Work for Welfare programme and it's so successful that many in the poorest strata of society there end up working 70 hours a week for peanuts (interestingly, this was featured in Bowling for Columbine, Michael Moore's film about guns and America, which I saw again last night). I'm sure the Brit Gov have already looked at this one.

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No, to the contrary its a great idea.

Personalising everyones rights and obligations would be a an excellent way to reward those that contribute, but would seriously undermine the current governments core support and thus will never happen.

Redistribution from the middle to the parasites has always been the name of the game, the only question is how much they can get away with.

Nothing makes a PAYE victim angrier than the concept that others are getting a far better reward simply by evading their taxes. But with only 120,000 employees the Inland Revenue are more likely to catch green aliens than the tax evaders, especially if they happen to be the wealthy with appropriate "tax mitigation strategies" from their advisers.

The future could look something like this:

1) In order to encourage compliance everyones declared taxable income is printed on a government website and reproduced in the local rag (as per scandinavia). As a result any criminal not declaring income runs the risk of being righteously shafted by their neighbour who just happens to wonder how they could afford that Ferrari with no visible means of support.

2) When you pay your taxes, you build up a government account which you draw down when you are unemployed. Your account goes overdrawn beyond the credit limit you have built up by a history of contribution, you have failed your obligations - get slung into breaking rocks type debtors prison, not the current butlins efforts. If you knew that you had to pay back the loan from the government or go to jail for non payment, it might motivate some of the fat little leeches of their sofas.

3) If you work cash in hand, not only do you run the risk of being grassed up, should something happen, you get shafted since you have no contibution record, providing a large incentive to clean up the black market.

4) Personal account for pensions, no socialists government promissing nirvana to their parasite employees which I will have to honour. I get my contibutions back.

5) Personalise my contributions to the NHS, I can top up and afford to buy decent healthcare.

6) Personalise my contribution to the schools and I can afford to buy decent education for my children.

Unfortunately it will never happen, cos otherwise there wouldn't be enough clients of NuLAB to vote them back in again. Of course it could be entirely conincidental that they have destroyed British manufacturing and employed another million civil servants but you can't be sure. ;)

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id post it.

the people on here are much more open and honest than any government spinster could ever be. they are less greedy than a BTL or boomer and they are inclusive in ideas and all for a solid uk plc economy.

this is the british public. these are the called upon.

who are others to vet the truth.

You'd post a photo copy of your **** if you could fit it on the scanner window :P

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Guest rigsby II
Was watching the good life last night ....

Is it just me or does Penelope Keith give you the horn ?

goodlife_2.jpg

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Here's the original thread-starter with a twist:

What if you uncovered some new proof that would enable house prices not to crash. By publishing it here you would guarantee that the HPC never arrives.

Would you publish that information in the interests of the truth?

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  • 301 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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