Tag Archives: recession

Diary Blog, 30 July 2022

Afternoon music

[painting by Joyce Norwood]

Saturday quiz

Well, this week, political journalist John Rentoul scored the same as me: 7/10. I did not know the answers to questions 2, 3, and 7 and, if truth be known, my correct answer to question 4 was an educated guess.

Tweets seen

Slowly slowly catchee monkey…

In fact, the NWO/ZOG agenda is now accelerating, now that we are in 2022, the primary year of the 33 year-cycle ending when the next such year starts in 2055.

Already, banks in the UK have introduced restrictions on transfers of cash and other payments, and note a range of other transactions. It’s coming. Slow enfoldment.

2022, the most significant year since 1989. Previous such significant years were 1956 and 1923.

Jess Phillips can best be described as a stinking pile of socio-political ordure: see also https://ianrobertmillard.org/2019/05/07/deadhead-mps-an-occasional-series-the-jess-phillips-story/.

More tweets

Human beings really are amazingly ingenious.

An octopus has quite high intelligence and sentience. I rarely buy seafood salad with octopus rings now for that reason.

I have wondered why Jews, especially, are and have been among the most fanatical for the “vaccines” and other “measures”, including the facemask nonsense. You see tweets from them claiming that they have, have had, or are afraid of getting “Covid”, as well as tweets (even now) fervently urging compulsory mask-wearing etc.

I think that this can all be traced back to an ingrained wish to be seen as the perennial “victim”, even when that is extremely implausible.

More music

1945 was a setback, but not the complete defeat that it seemed at the time. The Reich was crushed, but the essence of National Socialism has survived in other forms, other places. It is still possible to create the basis for the necessary quantum leap in human evolution.

More music

[Levitan, 1897, The Great Road, Avenue of Birches (the Sibirsky Trakt)]

More tweets

Even by “their” standards, Giles Coren is a horrible little bastard.

How long before Giles Coren plays the “antisemitism” card?

Giles Coren“, in that tweet, could be replaced by many another name with equal truth: to name but a few, Boris Johnson, Dido Harding, and The Royal Cuck, Harry of that ilk, Formerly Known as “Prince”.

Don’t poke the bear

https://www.dailymail.co.uk/news/article-11064513/Russian-energy-giant-Gazprom-cuts-gas-supply-Latvia-refused-pay-roubles.html

Russian [sic] has cut off gas to Latvia amid growing energy concern for winter in Europe after supplies to Poland, Bulgaria, Finland, Netherlands and Denmark were also axed.

Europe is facing an acute energy crisis as Putin weaponizes energy supplies in apparent retaliation for leaders defying him over Ukraine.”

[Daily Mail, in great need of sub-editors].

Late tweets

…to which Bob Moran replies:

Leah McElrath…@leahmcelrath…Activism, analysis, commentary | Psychology, human rights, geopolitics …@smithcolleg…BA, MSW …@LSEalumni#ActuallyAutistic #LGBTQ #MECFS “.

Translation— a total nut, probably living off a trust fund. America is in real trouble.

Good grief.

Stuchbery used to call himself “historian“, but was only ever one in the manner of someone who travels around (Germany, mainly), copies tourist information he sees here and there, then collates it into tweets.

Nothing wrong about that, in itself; in fact I have always said that I enjoy his tweets on mediaeval and Renaissance history (he is usually wrong about history after about 1880), but he is no historian.

My 2019 blog post about Stuchbery: https://ianrobertmillard.org/2019/10/23/a-few-words-about-mike-stuchbery/.

Bolton forgot to add that many of the younger police “officers” of today (meaning those under 40), brainwashed at school thanks to Jew-pumped-out “holocaust” “education”, are easily manipulated by the Jew-Zionist element into taking seriously false and malicious complaints made by Jews about (usually) non-Jews. A couple of my own experiences from the past 5 years or so: https://ianrobertmillard.org/2017/07/13/when-i-was-a-victim-of-a-malicious-zionist-complaint/; https://ianrobertmillard.org/2022/01/15/diary-blog-15-january-2022-including-an-outline-of-the-failure-of-the-latest-jew-zionist-attempt-to-prosecute-me/.

Exactly. I read the local newspapers online, the ones for coastal Hampshire and Dorset. The court reports are interesting inasmuch that, even for me, a one-time barrister (albeit far more civil and commercial etc than criminal), the sentences often surprise by their leniency.

I am far from being a “hanger and flogger”, and I favour clemency where possible, perhaps even too much, but I now read of people who have committed crimes of considerable violence and brutality, not to mention egregious theft, being effectively “let off”.

You have to work quite hard to get imprisoned in the UK these days (unless the Jews say that you have been rude about them).

Example? A few years ago, I heard tell of a man, an accountant aged in his 40s, who had a paid job, I think part-time, with a really worthwhile hospice charity not far from where I myself live (about 2-3 miles away). That person stole (embezzled) £40,000 from the charity.

In court, the embezzler must have had Counsel very good at mitigation because, on the premises that the defendant’s parents had stumped up the £40,000 to compensate the hospice, the defendant got off with a suspended sentence, despite the egregious breach of trust, despite also the fact that he was only caught by chance or Fate, and despite the fact that he had initially tried to blame more junior staff.

No. Far too lenient.

For once I agree with that stupid woman. GPs, at least many, may be overpaid, and those that want an easier life may find it congenial to drop by the surgery a couple of days a week and still pick up a gross pay of about £60,000 in many cases.

Incidentally, I have no animus against my own GP, a very polite person whom I have not actually seen face to face for years, but with whom I am reasonably satisfied, and who monitors me via routine blood tests etc, and sends the odd letter.

Late music

[https://en.wikipedia.org/wiki/Kurt_Atterberg]

Diary Blog, 20 May 2020

So it begins…

I agree with Hitchens, as I mostly have in the past few months of Government-created chaos, muddle, and approaching economic collapse.

The tweeter above is referring to Rishi Sunak https://en.wikipedia.org/wiki/Rishi_Sunak , the Indian whom Boris-idiot made Chancellor, and who the shallow msm and Twitter mob lauded as a financial (and political) genius a couple of months ago for having introduced the “furlough” scheme, via which the obligations of companies to pay their employees were in effect transferred to the State which then shut down much of the economy.

A few (including me, Hitchens etc) saw through this scheme as a disastrous and ultimately pointless waste of resources which, combined with the shutdown (“lockdown”) would destroy the UK economy.

The msm and Twitter mob thought otherwise. “Rishi Sunak for PM!” was the cry. What a brilliant man, to throw away £8 billion (maybe £11 billion) a month “supporting [workers, families] etc”… Surely such a man must eventually become Prime Minister?

Well, I doubt it (even leaving aside his origins). The “furlough” plan in fact did not simply keep employees financially warm until “lockdown” ends, at which time, in Sunak’s own mis-chosen words, the economy will “bounce back” in a V-shaped “recovery”.

At the time, I blogged that, because this virus “crisis” (made much worse by governmental panic in the UK, EU and elsewhere) has led to economic slowdown, crucially to collapse in demand internationally, the result will be, certainly in the UK, not a “V-shaped recovery” but an “L-shaped non-recovery”.

Sunak may have ridden high in public opinion for a couple of months, but I do not see him prospering politically after at least many wake up to what is really happening. Any fool can throw golden sesterces to the plebs from his imperial chariot. For a while…

Sunak alone is not to blame for the “lockdown” and so not to blame for the coming recession (which may even become a depression), but he is to blame for being part of a Cabinet of fools that shut down the economy for months unnecessarily, and for both introducing and now extending a misconceived “pay workers £2,500 a month not to work and not to complain or protest” scheme.

Also, for going along with his foolish and incompetent Government’s strategy of scaring the British people (and other UK inhabitants) out of their collective skin, so that many are now too frightened (or anyway simply unwilling) to return to what was normal life.

The reason behind the extension to October (without even any reduction) in the “furlough” payments, is plainly political, to prevent or make far less likely any protest or worse from the “furloughed” employees.

However, the real state of the pre-Coronavirus UK economy, now that the froth of low-paid McJobs (“gig economy,” fake “self-employment”, zero hours contracts, and other poorly-paid exploitation disguised by, formerly, Working Tax Credits etc, and now by Universal Credit payments) has been swept into the bin, is becoming plain to see. Desolate.

As for that sacred cow of British people, house prices, the values are dropping like a stone, as I predicted. Already we see that buyers are demanding discounts of up to 20%. Before long, that will be 50% or more. Lending is unlikely to be easily-available from now on, and there will be fewer people buying. and with lower capital available, whether their own or via mortgage monies. People will still want or have to move house, but will have less money with which to do so. Result— lower house prices at all levels.

Time for the “dim SNP tweet of the day”, this time from a tweeter who refers to the Union between Scotland and England (1707):

I am more inclined to go back about 375 years, to the age of Cromwell, and England’s only real revolutionary situation.

Collapsing economy

Already, 4.2 million people are on Universal Credit, with millions more forecast as 2020 continues:

https://www.bbc.co.uk/news/business-52721657

Companies are shedding workers by the hundred, by the thousand, now. Some companies are giving up the ghost entirely, such as the once-famous Antler suitcases (est. 1914), which went yesterday, with the closure of 18 stores and the sacking of the entire workforce of 200 staff. Other companies laid off thousands on the same day.

Today, we see that Rolls-Royce in Derby will lay off 9,000 workers across the world, and most of the losses will be in Derby itself.

When the “lockdown” nonsense —and with it the “furlough” scheme— ends, in the Autumn, supposedly, there will be company collapses on a scale not seen since the 1930s, very likely.

Northern Ireland

Boris Johnson may be Boris-idiot, but he can certainly pull the wool over the eyes of many. A con-man.

Tweets seen

So children aged 1-14 years old have a 1 in 5.3 million chance of dying from Coronavirus in the UK. Puts the hysterical teachers’ unions in their place…Having said that, it seems pointless to open up the schools for the few weeks left until the start of Summer holidays.

and, not long after I delayed plans to add Oliver Dowden to my blog as a “Deadhead MP”, he has jumped the gun and proven himself (again) to be one!

This made me laugh (audio used from the LBC/Nick Ferrari and Diane Abbott radio interview of a few years ago):

That tweeter, “@CabinetOfClowns” also tweeted this (below):

What “right wing terrorism” can she mean? The odd disturbed individual who wants to drive his car at a mosque? Young people who own Swastika cookie-cutters and cushions? Someone who got 2.5 years in prison for putting up a few stickers on lamp-posts? A few people in a pub talking about bumping off a MP?

In reality, there is no “right wing” (I am supposing that that tweeter means “social nationalist”, or just “nationalist”) “terrorism” in the UK. Am I wrong? So where is it? Where?

Image

Image

Social nationalism from Autumn 2020

The coming few years could finally see social nationalism emerge victorious in the UK, but that can only happen if there is a co-ordinated movement led by a “vanguard” party. One does not now exist. The small groups which do exist have little or no credibility.

Looking down the road, we can now see that economic collapse in a decadent society opens the way for us. It is only two years now until 2022, the most significant year since 1989 (on the 33-year cycle). 2022-1989-1956 (the year of my own birth)-1923.

For me personally, 2022 will probably be the last marker-year in the 33-year cycle that I see in my present incarnation, because in 2022 I shall reach the age of 66.

The Urgent Necessity for Basic Income (or its equivalent)

Preamble

I have blogged previously about the need for Basic Income (see Notes, below).

One important point is that the nexus connecting work and pay is loosening in the more developed countries. Already, computers, automation and modern business streamlining have led to the situation whereby, apart from actual unemployment, there is huge underemployment. In the UK, we see, in big picture terms, that the poorer half of the workforce is still being paid less in real terms (the latest statistics suggest about 7% less) than was paid in 2007 for equivalent work.

Now, there is a headlong rush into greater automation and, crucially, to Artificial Intelligence [AI].

Working Tax Credits as Government Subsidy to Poor-Paying Employers

Even before the financial upheaval of 2007-2008, it is clear that the “market”, as “hidden hand” mechanism, delivering adequate pay for required work, was not working properly or as old-thinking economic theory suggested that it should. Employers were unwilling or in some cases unable to offer pay high enough for employees to subsist on, let alone live decently on.

The answer of the Blair-Brown governments was to offer employees “working tax credits”, i.e. a form of “welfare”/”social security” for those in employment, the purpose of which was (and at time of writing still is) to top-up inadequate pay to a determined level. A more limited measure, Family Credit, claimable only by families, was in operation from 1986-1999.

The most obvious drawback of Working Tax Credit [WTC], i.e. that it in effect subsidizes poor and poor-paying employers out of general taxation, was either not foreseen by self-styled financial genius Gordon Brown, or was ignored by him and/or Tony Blair. Adding insult to injury was and is the fact that some of the worst-paying employing companies are also those most adept at avoiding tax liability: transnational enterprises such as Amazon in particular.

In other words, an employee is forced (by circumstances) to work for pay which is not enough for that employee to live on, even at a very basic level. That pay is then topped-up to a minimum subsistence level by Working Tax Credit, which is paid for not directly by the exploitative employer but by government, and so by general taxation. Low-paid employees pay little or no income tax now, but still pay so-called National Insurance, which is today just another or extra income tax in all but name. Put simply, the low-paid worker is paying out for his or her own Working Tax Credit, at least to some extent.

The poor-paying employer has no incentive to pay decently, because the government will stump up enough to keep the employee in place.

Real-terms pay now, for very many people, is inferior to what was paid in the 1980s and 1970s. Conditions of employment are also worse in reality (though that aspect is not part of this blog post).

At present, 5 million people in the UK receive WTC, while another 2 million are entitled to receive it but, for whatever reason, do not apply for it.

Other Government Top-Ups to Pay

In addition to basic Working Tax Credit, people in low-paying jobs and who have children can get extra money via WTC , as can disabled workers.

Persons who are disabled or unwell (including employed persons) can receive Disability Living Allowance, which is not means-tested.

Persons who have children are also entitled to Child Benefit, regardless of capital or income (up to £50,000-£60,000, tapering).

Persons of the age(s) specified can receive State Pension regardless of whether they work or not; moreover, whether or not they have ever worked.

Limited Elements of Basic Income Already Embedded in the Existing System

  • State Pension, paid whatever the individual’s capital or income, and whether or not the individual is working (employed or self-employed) or not and (if you include Pension Guarantee Credit), payable regardless of how much the pensioner has paid in via National Insurance;
  • Child Benefit, paid regardless of income (under £50,000 p.a.);
  • Disability Living Allowance (and its successor, “Personal Independence Payment” or PIP), paid regardless of capital or income to qualifying persons (and this is not the place in which to examine why politicians and Department of Work and Pensions [DWP] civil servants often choose vulgar names for State benefits and programmes: cf. “Jobseeker’s Allowance” etc).

Advantages of Basic Income

  • Simplicity. A Basic Income would mean that most of the existing DWP structure could be dispensed with: the vast edifice of “Jobcentres” (office buildings), filled with DWP staff engaged in adminstration, and the snooping upon, monitoring, “assessing” of claimants etc. The absurdity of it is that many claimants are only getting about £75 a week anyway. The present Kafka-esque set-up really should be and can be junked. Probably 90% of the present 85,000 DWP employees can be made redundant. The financial savings from that, decommissioning of buildings, running costs etc would be in the tens of billions annually; the untold billions paid by the State to useless and dishonest private contractors, such as ATOS and Capita, would also be saved;
  • Security of Citizens. It has been shown in overseas pilot studies (eg recently in Finland) that having a Basic Income, even if small, gives people a sense of security only available until now to those with an inherited private income. Yes, some people will decide to loaf all day, maybe even drink all day, but others will do paid work, start small businesses, improve their cultural level, volunteer locally or far away etc. The idle and/or useless are like that under the present system anyway and are costing the State money even now, both directly and indirectly (eg via the costs of policing, NHS, prisons etc);

Doubts Often Expressed about Basic Income

  • “People will not want to work if they get money for nothing”: well, most wealthy inheritors of capital, most of those living off trust incomes etc do seem to want to work in some way, or to set up businesses, or at least to write, paint, or other similar activity. Don’t disparage writing or other artistic activity. After all, Harry Potter, which snowballed into a huge industry employing, altogether, many thousands and even tens of thousands, came out of the mind of one lady, a single mother on State benefits; J.K. Rowling herself has said that, under the punitive present benefits regime, she would have been messed around so much that it would have been impossible for her to sit in cafes with her baby writing Harry Potter. True, some people will simply loaf. They do that under the present system. Don’t think that there are no costs to the State and society now (even if actual benefits are cut off): police costs, court and legal costs, NHS costs, too;
  • “The cost to the taxpayer”: the cost of Basic Income would be little more than the present “welfare” (social security) system, once you take into account the huge savings on DWP and HMRC bureaucracy, savings by not using useless/dishonest outsourcing organizations, the economic benefit of people spending more, stimulating the economy, setting up new small businesses;
  • “People getting Basic Income money that they do not even need”: firstly, what people “need” is, beyond the basic level, something subjective. Apart from that, there is no problem with clawing back monies paid to those above a certain income. All that need happen is that a maximum level of income (all income) for recipients be set. All persons above that income level to be taxed or super-taxed to the same level as Basic Income received. The level might be a total (including Basic Income) of £30,000, assuming Basic Income of perhaps £15,000 per year. In that case, the person would be taxed the £15,000, leaving £15,000. Yes, there would be apparent unfairness at lower income levels, whereby it might be questioned why work, when you could simply receive the (in the example given) £15,000 and not work. However, even then the recipient does gain, via extra security in case of job loss or illness; alternatively, the threshold could be set higher, say at £50,000 p.a.

Variations on the Basic Income Theme

Instead of money alone, Basic Income could include benefits paid to certain persons, such as free housing for persons receiving less than a certain income. The danger here is in the complexity and cost, as under the existing system, as well as monies wasted going to landlords charging excessive rents. It may be that the way forward is to add to the existing (in the UK) more or less “free” (at point of use) health service, free education at primary and secondary level etc. Examples:

  • free public transport, whether local or regional;
  • free car insurance;
  • free domestic utilities;
  • free NHS or similar;
  • free education.

Basic Income as Necessity

It is clear that, in the UK, relatively few people at present are purely living off what they can earn by work or by investments and/or trust income. 7 million are eligible for Working Tax Credits, millions more are children, retired people, disabled and not working, unemployed etc. For many, working for pay does not cover the basic necessities of life, let alone provide a decent human existence. The State already recognizes these facts.

The explosion in artificial intelligence and robotics will turn the screw. For example, there are at present 356,300 taxi drivers and private hire drivers in the UK. The technology already exists to replace them. It is unlikely that more than a small percentage will still be doing such work in, say, 2030. That’s just one group affected. Groups as diverse as farmers, lawyers, surgeons, pilots, security guards will all be made, as groups, largely redundant.

Basic Income is not just the right thing, but the necessary thing.

Notes

https://www.mirror.co.uk/money/what-happened-finland-scrapped-benefits-13950300

https://en.wikipedia.org/wiki/Working_Tax_Credit

https://en.wikipedia.org/wiki/Child_benefit#United_Kingdom

https://en.wikipedia.org/wiki/Department_for_Work_and_Pensions

https://ianrmillard.wordpress.com/2018/07/27/what-do-people-need/

https://ianrmillard.wordpress.com/2018/10/27/the-revolution-of-the-robots-and-ai-means-that-basic-income-is-inevitable/

https://ianrmillard.wordpress.com/2017/12/03/the-general-shape-of-a-future-society/

https://ianrmillard.wordpress.com/2017/11/16/basic-income-and-the-welfare-state-some-ideas-and-reminiscences/

https://ianrmillard.wordpress.com/2017/03/29/aspects-of-the-new-society/

https://ianrmillard.wordpress.com/2017/09/16/priorities-in-state-funding/

https://www.gov.uk/government/statistics/taxi-and-private-hire-vehicles-statistics-england-2017

https://www.plymouthherald.co.uk/news/plymouth-news/universal-credit-basic-income-california-2563380

https://basicincome.org/news/2016/09/netherlands-debate-about-unconditional-basic-income-in-parliament/

Update, 11 March 2019

People generally are now waking up to both the desirability and the practical possibility of Basic Income:

https://www.theguardian.com/politics/2019/mar/11/scrap-tax-free-personal-allowance-and-pay-everyone-48-a-week

https://www.dailymail.co.uk/news/article-6886461/Unemployed-people-happier-income-scheme-no-likely-job-experiment-reveals.html

Update, 8 September 2019

The necessity for Basic Income is spreading, but not yet to enough people. Many still think that it is “expensive” (probably the same people who believe that the answer to a recession is to “cut spending”…). There is, however, dissent…

Update, 4 November 2019