Why the Tories are bad for Britain.

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YouTube


Privatisation is a bad thing


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Khilafah420
But according to Corporate-made statistics, privatization would boost economic growth by 1,000,000,000%!!!


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This video is tribalistic as hell.


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This video is tribalistic as hell.
Welcome to modern politics!!! :)

Aw, what am I saying? Politics were always like this.


 
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This is the way the world ends. Not with a bang but a whimper.
I already commented on this video pointing out its flaws.

To the point: most of it is bullshit. Especially about the railways.


 
 
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I already commented on this video pointing out its flaws.

To the point: most of it is bullshit. Especially about the railways.

Can you copy/paste it here?


 
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This is the way the world ends. Not with a bang but a whimper.


Here:
Quote
So, I'll be watching this while commenting in the hopes of defending my chosen party. I voted Conservative last Thursday, and I'll probably keep voting for them as long as the other parties remain broadly as they are now. It should be noted that I don't consider myself a tribal, or partisan, Conservative voter. There are some things I really dislike about them (anti-immigration, to name just one) so I'll be looking to primarily defend their economic record.

With that said, I'll start watching. There has been as issue with PFI contracts due to how they were structured during the last Labour government, but this doesn't really touch even the tip of the iceberg. NHS funding has grown faster than the economy every single year due to its own structure and funding needs, as well as demographic shifts, while the most reliable studies on the NHS's quality (namely ECHI and OECD) have ranked us fairly consistently below-average in comparison to countries like Germany, France, the Netherlands and Singapore which use healthcare systems of private and social insurance, low gate-keeping, more consumer choice and mandatory savings programmes.

So, I noticed you used Hinchingbrook in your examples of privately-run hospitals. Which, under private ownership, went pretty rapidly from one of the worst to one of the best hospitals in the country. Hell, even Nordic countries like Denmark and Norway allow the private management of public hospitals. Again, with funding shortfalls, it's entirely expected given a system which has needed a greater increase in funding than economic growth since its conception; public services are all hurt by austerity which isn't properly offset with monetary policy, but inefficient public services are hurt the most. It's like Medicare and Medicaid in the US, it isn't being gutted, but its overall inefficient structure is creating serious shortfalls in funding.

And we come on to the railways; we must first acknowledge that UK railways are not as "private" as people seem to think. We use what's known as a "rolling block" system, where companies bid to offer services on a certain track, and heavily subsidies rail fares. Now, of course, the result of the former is to raise fare prices which must be charged in order for a company to be profitable whereas the result of the latter is to make everybody--not just those making the journey--pay at least part of the cost. This system of "franchising" also leads to concentrated private monopolies.

Looking at the evidence strongly indicates that the two eras of privatisation (1830-1922, and 1994-present, should we choose to include franchising and most people do), then it seems as if the market has outperformed the state even with the relatively bad system we have now. Train journeys rose from 500 million/pa in the 1870s to close to 1.5 billion/pa circa 1913. After the war, David Lloyd George--who I actually regard as a fairly good Liberal prime minister--thought that too much competition meant that rail firm profits were too low, and so he decided to forcibly merge them into just four firms creating regional monopolies. Between 1923 and 1947 when the Big Four ran the trains, journeys fell to about 1.2bn/pa just prior to WWII. After the war, they were again consolidated into British Rail, which led to 1bn journeys/pa in 1948 to just 750mn/pa in 1995. Since the dawn of franchising, flawed system as it is, journeys have been rising to close the gap to 1.5bn journeys/pa.

Train fares have been going up as the government is making cuts to subsidies and the companies must raise prices to recoup their losses. It's a function of an incredibly uncompetitive market hamstrung by a poorly-administrated system. The fact that we franchised the rails in 1994 and this causes our higher fare prices is a post hoc ergo propter hoc fallacy.

Lastly on the railways (I don't want this post to be a fucking novel), I agree with you that the Major government fucked it up. But we don't disagree on just how they fucked it up.

Also, IIRC, the government still has significant influence over the Royal Mail with a 30pc stake. And, no, the Tories didn't "sell it off on the cheap". The Royal Mail had never traded in the private sector before, nor attracted private investment, there was no way to accurately value it.

Oh, come on Sargon. You can't seriously just brush off the research of think tanks expounding on the benefits of private prisons by waving at the Royal Mail, the NHS and the railways which aren't even that clear-cut anyway. It's a specious comparison. This, however, is a criticism of your reasoning and not necessarily your conclusion. I do agree that privatising prisons, if done, must be done very cautiously. I consider myself opposed to it, because while they may have lower rates of recidivism they still have the incentive to manufacture crime.

Also, your "moral" arguments really aren't worth that much. The fact that it offends your sensibilities for people to profit off the sale of blood isn't an argument against it; there isn't a dichotomy here. The question is whether or not profiting off blood is a more efficient facilitator of healthcare delivery, and if it is then the profit itself becomes irrelevant. Net benefit to society is the only sensible metric of morality; the fact that you find it personally "ghoulish" doesn't count for a whole lot.

Following a recession, introducing flexibility into the labour market by shaving down unions, offering ZH contracts and making it easier to fire employees facilitates what are known as "sectoral shifts" where labour is shuffled around more easily to be more productive. Honestly, what is better? Having a job and being made redundant with 45 days notice, or not having a job at all. Lower redundancy notice requirements increase business confidence and allow them to respond more flexibly to short-term fluctuations or shocks.

Not to mention, it's entirely unsurprising that we have such poor wage growth following the deepest recession in our country's history coupled with a disappointing lack of monetary offset. That is the real problem here; the lack of monetary stimulus and poor supply-side issues. Although I tend to put more weight on the former.

People with ZH contracts are as equally satisfied with their job as the average worker, and more satisfied with their work-life balance than the average worker. They aren't bad news. The backlash you see, funnily enough, is usually from people who have no experience with them. . .

Oh yeah, and IDS is a fucking brutish cunt. Just thought I'd let everybody know that.

It's very easy to criticise the Tories for making cuts in areas like healthcare of welfare, but would you honestly rather we have a high structural and cyclical deficit, even during boom-time? Because then you have another recipe for 2008 and an inability of the government to effectively respond to downturns with fiscal policy.

Also, when it comes to welfare, we need serious reform. There are way too many programmes and way too many eligibility metrics for it to be an efficient system either administratively or in the alleviation of poverty. Universal credit's lacklustre performance is mostly a function of trying to make piecemeal reforms to such an unwieldy system.

My wrists are starting to hurt now, so I think I'll stop at 16:10. I may come back and do the rest of the video, but probably not for a day or two. This isn't supposed to be a fucking research paper on why Sargon is an idiot or anything malicious like that, just a viewpoint from somebody on the other side of the aisle.


 
 
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<.<


Here:
Quote
So, I'll be watching this while commenting in the hopes of defending my chosen party. I voted Conservative last Thursday, and I'll probably keep voting for them as long as the other parties remain broadly as they are now. It should be noted that I don't consider myself a tribal, or partisan, Conservative voter. There are some things I really dislike about them (anti-immigration, to name just one) so I'll be looking to primarily defend their economic record.

With that said, I'll start watching. There has been as issue with PFI contracts due to how they were structured during the last Labour government, but this doesn't really touch even the tip of the iceberg. NHS funding has grown faster than the economy every single year due to its own structure and funding needs, as well as demographic shifts, while the most reliable studies on the NHS's quality (namely ECHI and OECD) have ranked us fairly consistently below-average in comparison to countries like Germany, France, the Netherlands and Singapore which use healthcare systems of private and social insurance, low gate-keeping, more consumer choice and mandatory savings programmes.

So, I noticed you used Hinchingbrook in your examples of privately-run hospitals. Which, under private ownership, went pretty rapidly from one of the worst to one of the best hospitals in the country. Hell, even Nordic countries like Denmark and Norway allow the private management of public hospitals. Again, with funding shortfalls, it's entirely expected given a system which has needed a greater increase in funding than economic growth since its conception; public services are all hurt by austerity which isn't properly offset with monetary policy, but inefficient public services are hurt the most. It's like Medicare and Medicaid in the US, it isn't being gutted, but its overall inefficient structure is creating serious shortfalls in funding.

And we come on to the railways; we must first acknowledge that UK railways are not as "private" as people seem to think. We use what's known as a "rolling block" system, where companies bid to offer services on a certain track, and heavily subsidies rail fares. Now, of course, the result of the former is to raise fare prices which must be charged in order for a company to be profitable whereas the result of the latter is to make everybody--not just those making the journey--pay at least part of the cost. This system of "franchising" also leads to concentrated private monopolies.

Looking at the evidence strongly indicates that the two eras of privatisation (1830-1922, and 1994-present, should we choose to include franchising and most people do), then it seems as if the market has outperformed the state even with the relatively bad system we have now. Train journeys rose from 500 million/pa in the 1870s to close to 1.5 billion/pa circa 1913. After the war, David Lloyd George--who I actually regard as a fairly good Liberal prime minister--thought that too much competition meant that rail firm profits were too low, and so he decided to forcibly merge them into just four firms creating regional monopolies. Between 1923 and 1947 when the Big Four ran the trains, journeys fell to about 1.2bn/pa just prior to WWII. After the war, they were again consolidated into British Rail, which led to 1bn journeys/pa in 1948 to just 750mn/pa in 1995. Since the dawn of franchising, flawed system as it is, journeys have been rising to close the gap to 1.5bn journeys/pa.

Train fares have been going up as the government is making cuts to subsidies and the companies must raise prices to recoup their losses. It's a function of an incredibly uncompetitive market hamstrung by a poorly-administrated system. The fact that we franchised the rails in 1994 and this causes our higher fare prices is a post hoc ergo propter hoc fallacy.

Lastly on the railways (I don't want this post to be a fucking novel), I agree with you that the Major government fucked it up. But we don't disagree on just how they fucked it up.

Also, IIRC, the government still has significant influence over the Royal Mail with a 30pc stake. And, no, the Tories didn't "sell it off on the cheap". The Royal Mail had never traded in the private sector before, nor attracted private investment, there was no way to accurately value it.

Oh, come on Sargon. You can't seriously just brush off the research of think tanks expounding on the benefits of private prisons by waving at the Royal Mail, the NHS and the railways which aren't even that clear-cut anyway. It's a specious comparison. This, however, is a criticism of your reasoning and not necessarily your conclusion. I do agree that privatising prisons, if done, must be done very cautiously. I consider myself opposed to it, because while they may have lower rates of recidivism they still have the incentive to manufacture crime.

Also, your "moral" arguments really aren't worth that much. The fact that it offends your sensibilities for people to profit off the sale of blood isn't an argument against it; there isn't a dichotomy here. The question is whether or not profiting off blood is a more efficient facilitator of healthcare delivery, and if it is then the profit itself becomes irrelevant. Net benefit to society is the only sensible metric of morality; the fact that you find it personally "ghoulish" doesn't count for a whole lot.

Following a recession, introducing flexibility into the labour market by shaving down unions, offering ZH contracts and making it easier to fire employees facilitates what are known as "sectoral shifts" where labour is shuffled around more easily to be more productive. Honestly, what is better? Having a job and being made redundant with 45 days notice, or not having a job at all. Lower redundancy notice requirements increase business confidence and allow them to respond more flexibly to short-term fluctuations or shocks.

Not to mention, it's entirely unsurprising that we have such poor wage growth following the deepest recession in our country's history coupled with a disappointing lack of monetary offset. That is the real problem here; the lack of monetary stimulus and poor supply-side issues. Although I tend to put more weight on the former.

People with ZH contracts are as equally satisfied with their job as the average worker, and more satisfied with their work-life balance than the average worker. They aren't bad news. The backlash you see, funnily enough, is usually from people who have no experience with them. . .

Oh yeah, and IDS is a fucking brutish cunt. Just thought I'd let everybody know that.

It's very easy to criticise the Tories for making cuts in areas like healthcare of welfare, but would you honestly rather we have a high structural and cyclical deficit, even during boom-time? Because then you have another recipe for 2008 and an inability of the government to effectively respond to downturns with fiscal policy.

Also, when it comes to welfare, we need serious reform. There are way too many programmes and way too many eligibility metrics for it to be an efficient system either administratively or in the alleviation of poverty. Universal credit's lacklustre performance is mostly a function of trying to make piecemeal reforms to such an unwieldy system.

My wrists are starting to hurt now, so I think I'll stop at 16:10. I may come back and do the rest of the video, but probably not for a day or two. This isn't supposed to be a fucking research paper on why Sargon is an idiot or anything malicious like that, just a viewpoint from somebody on the other side of the aisle.

Thanks >.>

I'll give it a read in a bit, just gotta do a few things first <.<


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If I'm not here, I'm doing photography. Or I'm asleep. Or in lockdown. One of those three, anyway.

The current titlebar/avatar setup is just normal.
I'm no expert, but Privatisation breeds competitiveness, leading to improvements and efficiency cuts (same quality, less price). That is so long as it's regulated so no one company gains a local or regional majority (see America's internet problems).

Nationalisation can be inefficient if there is no incentive to generate cuts or profit. For example, £4 Million pounds that goes to the NHS every year is fed into homeopathy (which is only backed by anecdotal evidence, NO SCIENCE WHATSOEVER). With privatisation there will still be Homeopathy clinics for idiots, but at least it's not government-backed or funded by taxpayers who may not believe in the healing qualities of a pseudo-science.


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Well if you guys don't like your Federal Tories, we'll trade you our Ontario Liberals.


 
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This is the way the world ends. Not with a bang but a whimper.
Well if you guys don't like your Federal Tories, we'll trade you our Ontario Liberals.
>uk
>federal

lol



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Well if you guys don't like your Federal Tories, we'll trade you our Ontario Liberals.
>uk
>federal

lol

Or whatever you call the ones that run the country. We use "federal" or "provincial" over here to distinguish parties at different level of governments.


But seriously, the last thing you'd want is for your country to be run by the Wynne Liberals.


 
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This is the way the world ends. Not with a bang but a whimper.
But seriously, the last thing you'd want is for your country to be run by the Wynne Liberals.
Aren't Canadian Liberals split into the Blue and Red camps? With the former being more economically conservative than the latter?


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I'm no expert, but Privatisation breeds competitiveness, leading to improvements and efficiency cuts (same quality, less price). That is so long as it's regulated so no one company gains a local or regional majority (see America's internet problems).

Nationalisation can be inefficient if there is no incentive to generate cuts or profit. For example, £4 Million pounds that goes to the NHS every year is fed into homeopathy (which is only backed by anecdotal evidence, NO SCIENCE WHATSOEVER). With privatisation there will still be Homeopathy clinics for idiots, but at least it's not government-backed or funded by taxpayers who may not believe in the healing qualities of a pseudo-science.
Healthcare is not a business though and that's why healthcare in America is utter bollocks.


 
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This is the way the world ends. Not with a bang but a whimper.
Healthcare is not a business though and that's why healthcare in America is utter bollocks.
Except US healthcare is, and always has been, heavily regulated and government-involved.


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Healthcare is not a business though and that's why healthcare in America is utter bollocks.
Except US healthcare is, and always has been, heavily regulated and government-involved.
I think you misread. I'm saying that Healthcare should not be run like a business, and the fact that the US is is one of the biggest actors that makes it shit.


 
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This is the way the world ends. Not with a bang but a whimper.
I'm saying that Healthcare should not be run like a business
It doesn't matter if its run like a business provided it works; regulation interferes with how such things are run.


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Healthcare is not a business though and that's why healthcare in America is utter bollocks.
Except US healthcare is, and always has been, heavily regulated and government-involved.
Uh, how so?


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Healthcare is not a business though and that's why healthcare in America is utter bollocks.
Except US healthcare is, and always has been, heavily regulated and government-involved.
Uh, how so?
Literally just read Wikipedia.


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Healthcare is not a business though and that's why healthcare in America is utter bollocks.
Except US healthcare is, and always has been, heavily regulated and government-involved.
Uh, how so?
Literally just read Wikipedia.
thx b8

I'm shocked by this. I previously had the impression that health care was exclusively privatized in the US.


 
 
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<.<


Here:
Quote
So, I'll be watching this while commenting in the hopes of defending my chosen party. I voted Conservative last Thursday, and I'll probably keep voting for them as long as the other parties remain broadly as they are now. It should be noted that I don't consider myself a tribal, or partisan, Conservative voter. There are some things I really dislike about them (anti-immigration, to name just one) so I'll be looking to primarily defend their economic record.

With that said, I'll start watching. There has been as issue with PFI contracts due to how they were structured during the last Labour government, but this doesn't really touch even the tip of the iceberg. NHS funding has grown faster than the economy every single year due to its own structure and funding needs, as well as demographic shifts, while the most reliable studies on the NHS's quality (namely ECHI and OECD) have ranked us fairly consistently below-average in comparison to countries like Germany, France, the Netherlands and Singapore which use healthcare systems of private and social insurance, low gate-keeping, more consumer choice and mandatory savings programmes.

So, I noticed you used Hinchingbrook in your examples of privately-run hospitals. Which, under private ownership, went pretty rapidly from one of the worst to one of the best hospitals in the country. Hell, even Nordic countries like Denmark and Norway allow the private management of public hospitals. Again, with funding shortfalls, it's entirely expected given a system which has needed a greater increase in funding than economic growth since its conception; public services are all hurt by austerity which isn't properly offset with monetary policy, but inefficient public services are hurt the most. It's like Medicare and Medicaid in the US, it isn't being gutted, but its overall inefficient structure is creating serious shortfalls in funding.

And we come on to the railways; we must first acknowledge that UK railways are not as "private" as people seem to think. We use what's known as a "rolling block" system, where companies bid to offer services on a certain track, and heavily subsidies rail fares. Now, of course, the result of the former is to raise fare prices which must be charged in order for a company to be profitable whereas the result of the latter is to make everybody--not just those making the journey--pay at least part of the cost. This system of "franchising" also leads to concentrated private monopolies.

Looking at the evidence strongly indicates that the two eras of privatisation (1830-1922, and 1994-present, should we choose to include franchising and most people do), then it seems as if the market has outperformed the state even with the relatively bad system we have now. Train journeys rose from 500 million/pa in the 1870s to close to 1.5 billion/pa circa 1913. After the war, David Lloyd George--who I actually regard as a fairly good Liberal prime minister--thought that too much competition meant that rail firm profits were too low, and so he decided to forcibly merge them into just four firms creating regional monopolies. Between 1923 and 1947 when the Big Four ran the trains, journeys fell to about 1.2bn/pa just prior to WWII. After the war, they were again consolidated into British Rail, which led to 1bn journeys/pa in 1948 to just 750mn/pa in 1995. Since the dawn of franchising, flawed system as it is, journeys have been rising to close the gap to 1.5bn journeys/pa.

Train fares have been going up as the government is making cuts to subsidies and the companies must raise prices to recoup their losses. It's a function of an incredibly uncompetitive market hamstrung by a poorly-administrated system. The fact that we franchised the rails in 1994 and this causes our higher fare prices is a post hoc ergo propter hoc fallacy.

Lastly on the railways (I don't want this post to be a fucking novel), I agree with you that the Major government fucked it up. But we don't disagree on just how they fucked it up.

Also, IIRC, the government still has significant influence over the Royal Mail with a 30pc stake. And, no, the Tories didn't "sell it off on the cheap". The Royal Mail had never traded in the private sector before, nor attracted private investment, there was no way to accurately value it.

Oh, come on Sargon. You can't seriously just brush off the research of think tanks expounding on the benefits of private prisons by waving at the Royal Mail, the NHS and the railways which aren't even that clear-cut anyway. It's a specious comparison. This, however, is a criticism of your reasoning and not necessarily your conclusion. I do agree that privatising prisons, if done, must be done very cautiously. I consider myself opposed to it, because while they may have lower rates of recidivism they still have the incentive to manufacture crime.

Also, your "moral" arguments really aren't worth that much. The fact that it offends your sensibilities for people to profit off the sale of blood isn't an argument against it; there isn't a dichotomy here. The question is whether or not profiting off blood is a more efficient facilitator of healthcare delivery, and if it is then the profit itself becomes irrelevant. Net benefit to society is the only sensible metric of morality; the fact that you find it personally "ghoulish" doesn't count for a whole lot.

Following a recession, introducing flexibility into the labour market by shaving down unions, offering ZH contracts and making it easier to fire employees facilitates what are known as "sectoral shifts" where labour is shuffled around more easily to be more productive. Honestly, what is better? Having a job and being made redundant with 45 days notice, or not having a job at all. Lower redundancy notice requirements increase business confidence and allow them to respond more flexibly to short-term fluctuations or shocks.

Not to mention, it's entirely unsurprising that we have such poor wage growth following the deepest recession in our country's history coupled with a disappointing lack of monetary offset. That is the real problem here; the lack of monetary stimulus and poor supply-side issues. Although I tend to put more weight on the former.

People with ZH contracts are as equally satisfied with their job as the average worker, and more satisfied with their work-life balance than the average worker. They aren't bad news. The backlash you see, funnily enough, is usually from people who have no experience with them. . .

Oh yeah, and IDS is a fucking brutish cunt. Just thought I'd let everybody know that.

It's very easy to criticise the Tories for making cuts in areas like healthcare of welfare, but would you honestly rather we have a high structural and cyclical deficit, even during boom-time? Because then you have another recipe for 2008 and an inability of the government to effectively respond to downturns with fiscal policy.

Also, when it comes to welfare, we need serious reform. There are way too many programmes and way too many eligibility metrics for it to be an efficient system either administratively or in the alleviation of poverty. Universal credit's lacklustre performance is mostly a function of trying to make piecemeal reforms to such an unwieldy system.

My wrists are starting to hurt now, so I think I'll stop at 16:10. I may come back and do the rest of the video, but probably not for a day or two. This isn't supposed to be a fucking research paper on why Sargon is an idiot or anything malicious like that, just a viewpoint from somebody on the other side of the aisle.

Thanks >.>

I'll give it a read in a bit, just gotta do a few things first <.<

All seems like a well reasoned economic counter argument, one of the later points in the video was that the deficit has gotten worse under the tories how does that fit in for you? <.<


 
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This is not the greatest sig in the world, no. This is just a tribute.
Healthcare is not a business though and that's why healthcare in America is utter bollocks.
Except US healthcare is, and always has been, heavily regulated and government-involved.
Yup, just in all the wrong ways.

The AMA needs to fuck off with it's government sanctioned limiting the numbers of new medical practitioners and driving up wages for providers to ridiculous levels.


 
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This is the way the world ends. Not with a bang but a whimper.
All seems like a well reasoned economic counter argument, one of the later points in the video was that the deficit has gotten worse under the tories how does that fit in for you? <.<
Of course it has, that's a completely unsurprising fact. Tax receipts always fall following a Recession, and given the high structural deficit we had pre-2008 I'm not at all surprised that it's as bad as it is. The key fact is that the deficit is about half of what it was, and debt as a proportion of GDP has been slowing in its growth.


 
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You will find out who you are not a thousand times, before you ever discover who you are. I hope you find peace in yourself and learn to love instead of hate.


 
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This is the way the world ends. Not with a bang but a whimper.
most in-equal country in the EU
http://www.independent.co.uk/news/uk/politics/report-finds-that-britains-wages-are-the-most-unequal-in-europe-10259077.html
at least our economy is good right?
Inequality is literally nonsense. Lefties and social democrats love to pull out these statistics and go "Look at how fucked we are", despite the fact you only have a snapshot of a single time-frame and income is a shit metric anyway.

Just look at America, something like just 3pc of the bottom quintile stay in the bottom quintile for over seven years.


 
 
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<.<
All seems like a well reasoned economic counter argument, one of the later points in the video was that the deficit has gotten worse under the tories how does that fit in for you? <.<
Of course it has, that's a completely unsurprising fact. Tax receipts always fall following a Recession, and given the high structural deficit we had pre-2008 I'm not at all surprised that it's as bad as it is. The key fact is that the deficit is about half of what it was, and debt as a proportion of GDP has been slowing in its growth.
Ah well that's good then >.>


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most in-equal country in the EU
http://www.independent.co.uk/news/uk/politics/report-finds-that-britains-wages-are-the-most-unequal-in-europe-10259077.html
at least our economy is good right?
Inequality is literally nonsense. Lefties and social democrats love to pull out these statistics and go "Look at how fucked we are", despite the fact you only have a snapshot of a single time-frame and income is a shit metric anyway.

Just look at America, something like just 3pc of the bottom quintile stay in the bottom quintile for over seven years.
That doesn't mean anything, since the 2nd lowest quintile is barely worth more than the bottom one. And the middle one is worth just a wee bit more than the 2nd lowest.

Pretty much, you're poor if you're in the bottom 50% and are not living in an incredibly cheap neighborhood. Hell, I'm in the top 5%, and my household can barely have hot water on just to save extra money. The inequality in the US is practically criminal.


 
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This is the way the world ends. Not with a bang but a whimper.
and my household can barely have hot water on just to save extra money.
>california

Stop fucking subsidising farmers' water, then.

Quote
The inequality in the US is practically criminal.
And yet many, if not most, of the bottom quintile has air conditioning, one or two cars and a significantly valuable property. Poverty in America isn't really poverty, and attempts to make the rich less rich for the sake of "inequality" is as meaningless as it is malicious when we should be combating the lack of social mobility.

And you can complain about the differences between the bottom three quintiles all you like, but the fact still stands for the uppermost quintile; something like 7pc remain there for any significant length of time, and they pay a disproportionate amount into government coffers.

If you actually want to help the state of things in the US, you should be looking towards an expansion of programmes like EITC, the decriminalisation of drugs, abolishing mandatory minimum sentencing and stop punishing non-violent crime with gaol time.


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Only a select few should not be privatized (military, police, prisons)