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Perfectly summarised by the CalMac ferry fiasco. Technology evolves so quickly rushing to use today's solutions for 2050 is effectively using 25 year old technology.
Keith provided a link for this guy on the Manchester Airport thread, he's interesting in that as a barrister he fully aware of what he can say and often has a real insight into how things are in society as well as the law, Here he is on politics today:
The plan seems to be to raise taxes like IHT and Capital Gains and maybe on Non-Doms etc. whilst changing the rules to borrow more. There a realistic risk here, if the tax income does not increase as planned, the very rich can work their way around these increases, and if growth is slow then the cost of borrowing increases as bond rates will go up as confidence is lost in the money markets and we will have a slow burn Liz Truss effect.
With all that is happening in the World having some gold makes a lot of sense right now.
The proposed £86,0000 contribution limit on care home fees has been scrapped today. That'll save a £1 Billion a year or rather cost the population £1Billion.
The number of private landlords selling up is increasing and fewer are joining the market, shrinking the private sector rental stock. So the consequences of making if difficult for both good and bad landlords is a reduction in rental properties which are being sold into private ownership reducing the stock and pushing up rents, making it difficult for more people who can not buy. All landlords are bar stewards is part of the populist narrative and is now making things difficult for those who need to rent.
No rainbow laces, gesture politics or human rights for him to claim the moral high ground. His talisman for inequality has taken to crashing Rolls Royces, hiring Lear jets to go on the piss and carrying £10,000 in cash. His right back seems to be trying to solve the UK birth rate issue singlehandedly and even the normal sources of diversion such are squabbling WAGS and hooligan supporters are quiet. Lineker has decided there is more mileage in being critical. Unless Harry Cane starts to transition or Declan Rice changes his pronouns Southgate will be forced to talk about football. But hold on.........the fans are not happy and that's upsetting some of the very sensitive underperforming multi millionaires.
Between 2000 and today, one billion people (one-eighth of the world’s population) escaped poverty. The life span of the average global citizen has doubled in the past century. In developed countries, the proportion of government spending on social projects such as education and relief for the poor rose from under 2% at the start of the 20th century to an average of 22% today. While deforestation makes headlines, 36 countries, including India and China, had more trees in 2022 than they did in 2002. The world’s wealth has tripled in the past 33 years. From 1921 to today, US traffic accident fatalities have fallen twenty-four fold. Accidental deaths from all other causes have fallen as well. For the world as a whole, human rights have improved over the past 70 years. Google searches for homophobic, racist, and misogynistic terms have decreased by at least 80% since 2004. Despite horrific wars, each of the past 5 centuries has been more peaceful than the one that preceded it. Since 1909, Intelligence Quotient (IQ) scores have been rising in all parts of the world by an average of 3 points per decade. From 1960 through today, the American poverty rate, measured by income, has fallen by more than half. World carbon emissions per dollar of GDP have dropped by over 50% in the past 50 years. Child labor, infant mortality, maternal mortality, and domestic violence have all been declining globally. The proportion of the world’s people without access to clean air and water has roughly halved in a decade
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