@@just4fun607The British economy has not meaningfully grown since 2007. We will keep slowly eroding away our living standards if we don’t figure out a way to fix this issue. Services continue to become more expensive but the amount of money we’re getting has really not changed in over 15 years.
to be fair, a few of these problems probably should be tackled before the housing crisis. i.e, councils being bankrupt means they can't afford to build new houses, so the govt has to fork it out of money they don't have.the thames water issue should be tackled before building houses as they need water to run, and if you ignore striking workers, things tend to go to shit very quickly. Also, the housing crisis is a very long-term issue, as building good, liveable houses on viable plots of land takes time, to account for finding the money, planning, actually building the houses, buying the houses, etc. It is a VERY large issue, and one I am personally facing, however, there are some things that may be smaller issues but are more urgent and potentially short-term, as well as being a barrier to solving the housing crisis, which need solving first.
Oh yeah for sure, I think people don’t understand how massive the housing problem is for the economy. Increased housing costs in comparison to wages is a complete and total erosion of economic activity. Whereas the traditional rule was 30% of your monthly pay goes to housing it’s now close to 50 to 60% if you want a one bedroom apartment to yourself. I mean that’s literally 20 to 30% of someone’s wage being completely removed from being able to be spent in the economy. It’s no different to what increasing interest rates does, it significantly decreases the amount of money that can enter the economy and people think that’s not a cataclysmic sized issue.
No, they're Labour's. If there was still a Tory government, there'd be no question that they'd be the Tory's problems so they're Labour's problems now.
What tldr news didn't say is that these are the issues which are emergencies that need addressing in months. The housing and immigration crises won't be resolved in months and can keep ticking along for years
@@kevinh4869we've had the highest levels for the past 14 years and the UK hasn't fallen apart yet. How long does it take until your so called imminent disaster? Yes immigration does need to be reduced but it's by no means a short term crisis. It's a long term population crisis that is easily being fixed by labour by investing in the home office and actually deporting people unlike the conservatives
To be fair, they didn't say "No tax rises", but no rises in the biggest three (beyond fiscal drag): Income Tax, National Insurance, VAT. They'll probably be hesitant to raise Corporation Tax as well, another big earner.
@@mittfh I wouldn't be against things like council tax increases, but I think really they need to go back to the drawing board and work on making it a better system rather than just making the current system more expensive. Council tax bands don't make a whole lot of sense and are massively outdated. I just bought a house for £270,000 and the council tax is only 1 band above my 1 bedroom flat I was renting. And why does it only go to band up to H? There could easily be an I and J etc for those ridiculously priced properties. The prices being based in 1991 clearly seems overdue for an update. And Band H being anything that was £320,000+ means that someone with a £320,000 property (1991) and a £2,000,000 property (1991) would be on the same band in spite of an order of magnitude of wealth difference.
Wow it's almost as if giving huge tax breaks to the super rich and not investing in the country (just like the torries did) doesnt work. Weird. Maybe they should try giving even more money to the super rich? That will surely fix everything :)
@@Agtsmirnoff The rich own assets, housing, businesses that are situated somewhere in the UK. If they own assets that can be relocated so they pay no tax then they have long done that already. If you raise taxes on landlords that own 100s of properties they are hardly going to pack up and take their properties with them. If I was rich because I had a giant stock portfolio, why would I pay 20% tax in the UK when I could put it in a tax haven and pay 0%? Most super rich people will have already done that. Better to tax the things you can tax than tax very little because of some imagined fear of pissing off your rich overlords.
Wow, the UK has privatized water utilities? That's insane, I'm in a Texas city that has public water utilities, never thought I'd see something in Texas that's more progressive than the UK.
The UK did a lot of "privatization" back in the eighties and nineties. Usually what would happen is that the service itself would be "sold" to a private firm and run for a profit, but the state would still own all the property, and pay for everything itself. The state has essentially just contracted out the actual management of the service to a private firm. The thinking is that private firms could invest boatloads of capital into public services, and run them more efficiently than the state could, so that overall the state could make a big savings, and provide better services. In practice, the red tape precluded any savings or improvements in the service, and the UK's public services have only continued to deteriorate.
@@robertmartin6800 Not aware that the property and assets of privatized firms remained with the State - are you sure about that? You seem to be making excuses in your final sentence for the abject failure of the the privatization project, full stop. Reminds me a bit of what's now going on in the Daily Telegraph Comments section amongst diehard Thatcherites, whose new tactic is to insist that useless privatized companies like Royal Mail, British Gas, BT, Thames Water, many of the rail companies etc, don't really count as part of the Private Sector at all, but in fact are 'pseudo-private' or 'quasi-public' or some other such nonsense.
Those are just the biggest crises - there are plenty of others, notably dealing with the opposite approaches to immigration demanded by business (more!) and the public (less!). An increasing population unsurprisingly puts more pressure on housing, infrastructure and public services, but also provides more workers for business which are key to increasing GDP. However, many jobs such as agriculture or care assistants pay very little, attracting nowhere near enough "natives" - but if they paid more, they'd have to increase the prices they charge, which would deplete demand (which in agriculture would mean more imports, in social care would mean more Delayed Transfers of Care where someone's medically fit for discharge but can't be released from hospital due to delays in arranging ongoing personal care support, which not only results in them unnecessarily taking up space in hospital wards but the longer they stay in hospital, the more their personal independence and mobility decline. The big enduring problem is we want high quality public services, while paying as little tax as we can get away with.
@@mittfh Keep in mind, immigration is at best a temporary solution to a long-term problem, aside from the fact that Britain has not invested sufficient money in infrastructure to account for the increasing population, many of these migrants utilize more in social services than they pay back in taxes, and of course a 20 or 30 year old Will be a 70 year old in 30 or 40 more years, thus kicking the can down the road so to speak. To say nothing of the fact that integration in many respects has failed.
The UK has the 6th largest economy in the world, but is put to shame by countries that have far smaller economies. it points to plain ineptitude and corruption to me.
Most of that is in the services industry. And that is basically just in London and all that wealth goes to a select few. Farming, fishing, steel, whatever it's all basically gone. A large economy but with a single thing.
6th largest economy, 95% london, 90% of that services (labour). The working class do things for the rich to survive, who just happen to be here as the UK is also an expert at hiding and washing money. Go us!
Yes, I have always said that this country only looks after white collar workers. Although I think the country should invest in other areas especially in the industrial sector. It shouldn't really matter where the money comes from, whichever way you look at it we should have the money to pay for things like Education, transport, social housing, and the NHS. Like I said it doesn't matter where the money to pay for it comes from, we do have the money to pay for all these things. Like i said in my original post it all points to ineptitude and corruption, HS2 is a perfect example, the costs have ballooned so much phase 2 has been cancelled. They couldn't care less about the north of England, and the north and south divide just gets larger.
@@tryaluck yet the politicians you vote for in the UK all seem to be rich, or at least wealthier then most. You really think a rich guy like sunak is going to lower his own wealth to provide those less well off with a decent living standard? Everything in your system is set up to benefit the rich. All direct extension from when the lords and ladies ruled the lower classes, you call it tradition. You can't even create a chamber that fits all representatives, you cannot have push button voting, requiring people to walk through a hall.... For heavens sake, modernize already. You can't even do basic changes, how do you expect large ones.
The government is more concerned about limiting free speech and keeping control than it is about issue solving, after all without a crisis what do we need so many politicians on the payroll for? With their sticky fingers in the cash jar we will always be in a deficit.
@@chrysalis4126 he did say "a considerable number" which is a bit of a shitty generalisation for those who don't fall into it, its not unreasonable to say considering the numbers, but like you say, as a 20yr old who lives in a predominately 60+ area I've had many a conversation on politics for the labour side which can really put into perspective that most were just really sick of the torries and far more open minded/progressive than any numbers would have you believe most just havent taken the time to just really get get the full view point from people that age and just look at some stupid numbers and make any conclusion with only what those numbers point out
For Gods sake just raise taxes. You have a big majority, and 4-5 years of rule. If you fix the countries issues, people will forget about it. But if you dont fix the issues, you will be voted out.
People like you would get 0 votes in real life. Tax rises are never popular and often bring down governments. Tax is already very high than in UK for what services are given in return.
@@salkoharper2908 Tax is lower now for most people than it has been for a long while....increases in the personal allowance have taken many low paid workers out of income tax altogether. While I believe governments should keep their promises it would not bnother me if there was a small tax increase. The problem is that this government would spaff it up the wall on their usual voters groups - women and ethnic minorities - and not actually address any of the long term problems. They would spend money on housing just to service the massive levels of immigration they want to see and the British people who've been genuinely homeless, rough sleeping, for decades will be as homeless in 5 years as they are now. To sum up I wouldn't be against tax rises on principle, but would be wary of this government because I don't think they will spend it wisely. More to the point, I also don't see how we can move on without addressing the elephant in the room. The very rich need to pay considerably more tax and can't be allowed to just carry on their lives of decadence. It's a scandal that there are people who have more money than they can possibly spend in a lifetime. What the hell good is that money doing sitting in their accounts? They're the ones who benefit from the economic system. Use some of the massive gains they have made over the last 50 years to fund some useful stuff.
Crazy how peoples have no freaking patience.... Labour can't fix 14years of idiocratie in 1month.... I hate that the media are just complaining and jumping on any ocasion to blame labour for everything..when they literally havent even reach the average probabition period of a Job in UK.
I think the main problem people are having is how brutal they have been to their mps and the lies from the manifesto, biggest one not putting taxes up during the next budget
Decided to remove the winter fuel payments. To save money to help fill a 'black hole' but then give 12 billion in climate aid to other countries? Thats a stupid shitty choice to starve or freeze millions of pensioners so you can afford to give money abroad.....
That so-called brutality was to MPs who voted against them on what was likely a 3-line whip issue. Harsh, but not unfair given that is what you’d expect as the outcome. They also haven’t lied about taxes - they didn’t rule out not increasing taxes at all.
@@martinduran9523 Historically there's probably a better record against the Germans than the French. Of course the Irish are even closer if we feel like a gentler challenge.
The water privatization situation is emblematic of right-wing government tendency to "solve" social problems by oblivious privatization with zero regulation. Private financial institutes swooped in, bought public infrastructure at pennies of the real cost, had the companies take high interest loans from the owners - supposedly for "investments" but actually used the money to pay the owners back the purchase price and a nice uplift - by paying £Bs in dividends, made no actual investments and when the infrastructure start deteriorating and hurting the citizens, the regulators say "if we enforce tough regulations, the private companies will leave and what will we do then" - what you were supposed to do, schmucks! Regulate and manage national infrastructure. The government should sue all these VC funds for unjust enrichment and claw back the billions in dividends and loan interest, and set up tough regulations on what water companies are allowed and are obliged to do. For every company that the private market doesn't want to handle, set up a non-profit to manage it.
Where'd all this money go??? to the pockets of billionaires who exploit off shore tax havens. If they really want to fix the country they could fine and properly tax these scummy businesses
Yes, it’s like they’d rather remove the heating from OAP’s than tax the rich.. Apparently there’s no money, and yet it seems quite simply to solve… Just tax the ultra rich properly. Even a little bit.
im all for "tax the rich" but some people need to realise that the tax spending needs to be addressed too. even if you taxxed the rich, guess where all that money is going back to? the rich.
@@ashemocha yeah a lot of this comes down to things like "will we tax everyone (including the poor, more than they can proportionately afford) to bail out privatised institutions"? I'd give it to Labour that they at least mean well and are partly having to contend with a system where taxing (cough cough inheritance tax) or even *not subsidising* (cough cough winter fuel payments) the middle-class/rich is seen as unfair.
Unfortunately, close one loophole and the accountants employed by the wealthy will find another one - often a tax break intended for small businesses or startups (potentially swamping demand, so if it's withdrawn, the genuine small / startup businesses will lose out). Never mind that some schemes, such as booking revenue through an offshore subsidiary, are very difficult if not impossible to clamp down on - for many tax havens, the bulk of their government revenue is from the annual fees charged for no questions asked, no tax charged banking, with several not even requiring the beneficial owners of businesses to be disclosed.
What about immigration, housing, the rise I drug use, cost of living, international tension and corruption. All of those issues are of equal if not greater importance. The government has to start addressing these key issues, otherwise it’ll just get worse. Immigration is the biggest problem that they can sort out right now, it’s causing the housing crisis and putting massive pressure on the NHS and costing the taxpayer billions to house immigrants. Which could otherwise be spent investing in Briton.
"Welcome to Downing Street! Here are all these problems we created in order for Rupert Murdoch to brainwash most folks older than fifty into blaming on you. Have fun trying to fix them with the shambles we left of the treasury, see you in a few years after our paid character assassins have done their work."
Hi guys, love your videos, please keep up the good work. Just to flag though, there's a typo at 0:19 in the speech bubble it reads "Britian" rather than "Britain".
wealth inequality and re-distribution to the ultra-rich is the primary factor in why the government is bankrupt and the working and middle class have been shafted. Taxing the wealthy (those with millions in assets) will see many of the problems mentioned evaporate.
@@XsweetstarliteX However, the ultra wealthy have strong influence over governments, meaning the only viable route for redistribution is some sort of uprising/civil war. Not a commie, im as free market as most, but i do recognise that under pure capitalism one person ends up with all the money.
You missed a third solution to local authorities. Let them raise Council Taxes and preferably make it more progressive by increasing the number of bands at the top end. This would also reduce the pressure on the NHS because a well funded council could provide social care allowing hospitals to discharge elderly patients reducing bed blocking. Freeing up hospital beds means casualty departments function better and therefore ambulances can drop off patients quicker improving that service too.
council tax should be based on income also, not on area, makes no sense that people struggling to pay rent, should be further stepped on while their landlords sit pretty.
@@RadikoolS that’s a separate issue. We need more law governing the rental sector so we move towards something more like the German system. The best solution is lots of council housing to provide competition in the market. That also helps local councils who are being ripped off by private landlords for providing homes for people in need.
@@shaneintheuk2026 You can build roads, fund armies, and have health services without governments They print the money they need anyway. Also, i feel morally dirty giving money to a tyrannical state.
Honestly? The house is burning down, and we’re worried about the smoke. Nobody really wants to admit or deal with the fact we’re a dying country and have been for a long time and something needs to be done about it. Everything we see is symptomatic of that underlying problem. On a large scale, Britain has been haemorrhaging since WW2; Thatcher tried to arrest it by essentially concentrating what was left into London (and annihilating the rest of the country), but a combination of failing to modernise and mismanaging what could have helped like North Sea oil has meant even that is starting to fail now. Britain needs to reconstruct and modernise its economy to find a place in the modern world (as an example, not one of the top 100 tech firms on the planet are British), and until it does, we will continue to disintegrate. It’s not a matter of left or right: it’s a matter of actually engaging with the present and the future.
7:34 I'd go even further back. Britain peaked, for goods, in 1894, for income, in 1913. Cotton which provided much trade in the Provinces, last peaked in 1922 and Coal last peaked in 1910. 92% of GDP is now services. The direction of travel is clear. It's getting a deliveroo economy without much future.
It doesn't help that we're good at inventing stuff (think Dyson, ARM) but then either sell out to big international players or just keep R&D over here and outsource manufacturing to somewhere with a really low cost of living and bugger all employment regulations. The likes of Truss and Rees-Mogg had one solution: rescind as many regulations and taxes as possible, implement laissez-faire capitalism - but unsurprisingly that's not very popular with much of the public, as such ideology would result in public service cuts on a scale that would make Austerity look like child's play or tinkering around the edges.
You are the very few that understand, this is such a good analysis. I think if this dialogue can become the mainstream this would actually provide a clear path forward to solve these key issues. The UK has not meaningfully grown its economy in real terms since 2007 yet were demanding more services and our services there are getting more expensive. We also need to figure out how to solve our massive labour participation rate problem, the UK average is 62% and the EU average is 75%. We literally have 13% of our population being a net drain on our economy and services. While our population is declining domestically the population growth we are using from the outside is almost on all metrics less productive then domestic born populations. However countries like Canada have seemingly avoided this issue while being way more dependent on immigration. The economic problems that we have are so baffling it’s hard to even begin on how to fix them because they aren’t even in the political dialogue yet
@@mittfh honestly, I think it’s as much about collective mindset and attitudes as it is policy. We’re such a backwards-looking and cynical country. We just don’t have that drive towards the future and creating great things that you see in so many other countries. And so often when you do get people with that spark, they leave. I do wonder how much our class mentality is to blame. Like it just doesn’t occur to working class British people “hey, I could really do something amazing if I really tried” - certainly not in the same way that it does to working class Americans. We have much more of a keep-your-head-down attitude. And we need those people, because those are the people who really drive an economy forwards.
@@CLaw-tb5ggAgree a massive problem. It’s odd that if you say to people you wanna start a business they almost look down on you. It’s like they see business creation as something that’s “chavy” I mean it’s actually beyond baffling. Like you said in the US, if you said you’d want to start a business people would be extremely supportive.
I feel like America and Britain, from an Asian's perspective, are extremely unstable in politics. From what I've seen so far, it goes like this: - Politician gets the public's approval and elected into office. - He/she can't solve the public's bread-and-butter issues. - He/she then gets the blame and voted out of office. The cycle repeats itself. Self-perpetuating.
It's probably happens everywhere in the world, i'm from New Zealand and it's pretty much the same here, party blames party in power for their handling of an issue then they get into power but then change tune and do exactly what the last government did, hypocrites.
I mean that’s just democracy. It’s not perfect and hardly ever works well but I much prefer this to the alternative. Plus it’s not like every elected party fails every time. We do make the right decision every once in a while and put the right people in power.
For the UK the last 14 years have been the worst and most tumultuous in our political history, typically a PM will rule for 10 years or two elections until internal political pressure forces them out.
I just think the British public need to come terms that the country is much poorer than they actually understand. You cannot have all the services you once had with a GDP per capita the size of Alabama. The UK economy has been essentially stagnant since 2008 and it’s really eroded how much money the government has to work with.
There was no " austerity " during the covid years. There were stupendous ammounts spent on the NHS and furlough during that time. Go and look at the figures !
Don’t bail out the Uni’s. Restore it as an academic system for students to want to study and achieve worth while qualifications. This would mean reducing the amount of students by 90%, that 90% makes a complete mockery of University, and it’s a joke and a disrespectful waste of tax payers money. Also far too many pseudo professionals working at University who need to go get a real job.
@@Slider5320 You can learn anything you want online. Noone goes to uni and comes out ahead financially. Find me an undergrad whos plotted the graphs, noone does
@@ohnoitisnt the internet is completely unregulated with what people post. Journal articles have to be approved by valid researchers, doctors and professors. Even then, the research may not be correct, which is why students are taught to be able to critically analyse and evaluate information, to create an informed opinion. This is part of what Uni teaches, it’s very unlikely anyone will just self teach themselves to university level. Also, for jobs like medical and legal as well as many others that require the qualification to do the job. You can’t get the qualification just by watching youtube. As for earnings, it depends on the qualification. There are a lot who end up working in factories or stacking shelves after finishing Uni, far too many students end up like this. Usually because their degrees were just a complete con. But again, more credible qualifications in sectors such as legal, medical and engineering etc can lead someone to earn well. So yeah, I think they need to reduce the amount of students and focus on the courses if actual value, and students who should actually be there to restore the British University system as an institution of academic excellence, and not the complete joke it is today.
@@Slider5320 Id love to see the crossover graphs for medicine, law and engineering. I imagine medicine to be particularly bad, engineering to be very 'it depends', law is probably still decent tbf. But thats only 3 examples of many. Unis teach critical thinking?! Ha. Strongly disagree. These institutions have been the breeding grounds for leftist ideology for a long time. Dont get me wrong i would love to see our education system be worth something but with the availability of information thanks to the internet, and the generally unfavourable economics of going, i dont see it happening.
Cutting wasteful spending on unnecessary things never seems to be on the radar, it's always either borrow borrow or tax tax tax when it comes to most of our politicians (and yes that also includes the previous Tory government despite their rhetoric, who've seen fit to jack up taxes and take on record levels of debt). It's always very easy to spend someone else's money.
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Love how your channel and other journalists in the UK didn't feel any of this was a problem when it was all being created by the previous government. One would think this all occurred in the last 7 weeks from the sudden hysteria. This has been going on for years.
It's probably because most people think Conservatives won't do anything anyways (especially since they're the reason the problems existed), so they are hoping that Labour will do it
You make it sound like TLDR was defending the Tories before, which they definitely weren't. They even made a podcast about how Liz was shit and repeatedly stressed that Rishi was doing fuck all. Anyway, even if they were Labour supporters, it would still be important to keep criticising the government. That's what journalism should be - keeping power in check - regardless of political affiliation.
@@maleldil1 I have seen many a video defending tories and their policies from this channel. I didn't see much from them when reporting on the car crash our country has been for over a decade when the Tories were in power. Maybe if posh boys like this channel and other journos had put aside their class loyalties, we wouldn't have endured 14 years of Tory cruelty. I am allowed an opinion that differs from yours I hope.
No.7 the military. Maybe not as much of a problem now, but if war breaks out with Russia, we're going to need more soldiers, more and newer vehicles and weapons, and more efficient money usage.
This just shows how out of touch the Labour Party are. These are what they see as the 'main issues', when in actual fact, millions of Brits want immigration (legal & illegal) sorted. By doing so, the domino effect is less people using NHS services, councils won't need to find money for housing so many people (and other services). Also, deporting foreign criminals will free up thousands of prison places. BTW, I'm not suggesting foreigners are the sole cause of these issues - I'm saying that sorting out immigration will help ease a bit of each of the problems in this video
Universities can be fixed by redoing the student visas for universities. You need to streamline the process for university application for those outside the country whilst making sure to prioritise the UK students. I can't comment on whether I think the system we had was good but it's quite.obcious that the rules on student visas changing and a hand in the new university crisis.
@@neptune3569The conservatives did nothing in advance of the prisons getting to this state. They also sold off the water utilities (albeit it wasn’t the recent Tories, but it was still their party). This led to it being mismanaged as a private company, instead of being controlled by the government and kept in line.
It's a shame that borrowing has been ruled out. How is the UK supposed to turn 14 years of Tory austerity around without any money to invest? I suppose we could sell off some of our Pacific or Indian ocean territories to China or the US. 😅
Er, doesn't apply to violent offenders? Check that fact Jack. There are numerous examples of violent prisoners on the early release program, including one who killed a child.
Local councils? WTF? My local council is stealing my eyes out for what? Waste management? OK. Local police dept. achieving increased antisocial behaviour in the area? Renting properties in the area for those who don't want to work, to further increase insane property prices? I'm paying a lot more than the fair amount of taxes already.
The prison overcrowding 'crisis' isn't a crisis at all. Its all performative as the tories put it. There were more people in prison in 2011 than today. 7 new prisons are under construction or already built. If you have overcrowding, stick them in a camp. We stick migrants in a camp, why not prisoners. Public sector pay, junior doctors are not underpaid. Virtually none of them get £14 per hour. They get top ups to their basic contract almost immediately. Train drivers earn £60k plus already. Labour are just spending our taxes like water. Talking of water, put the bills up. You want all this green stuff then pay for it. Universities, half of them are **** anyway. Polytechnics calling themselves universities.
Hopefully labor can sort these out with some example from more thriving countries. To lose confidence in your government can be more dangerous than they may assume. It's not about making their donors happy, we have the votes.
I love the UK. "We're 2000 prisoners below capacity and we have a problem because we're arresting more people" In the US it's more like: "We're 25% over capacity in our prisons, what should we do? More life sentences for petty crimes!"
How is £65k + 4 day work week + 28 days of holidays + bank holidays + work benefits is not a good deal is beyond me... Mick Lynch literally earns more than some MPs. At what point are we going to say they are just being out of touch and greedy...
TLDR seems to be heavily critical of every government no matter the party. Fair. But perhaps, make your channel’s stance clearer, is it for the everyday people, regardless of background? is it to provide solutions for a happier and thriving reality for the majority of country? Or just more empty political commentary we have seen for years on mainstream media (left, right and, centre). Whilst ordinary people live the consequences. What is TLDR for?
we're one of the largest economies in the world, money isn't the issue, we've got plenty of that, the issue is where its going, id bet well find lots of it being siphoned away to the pockets of civil servants and the rich
Easy solutions if you ask me. Government should straight up admit that as citizens we must accept the standard of living has dropped and therefore local spending will be even less, NHS will be worse, water prices may go up and just let more foreign students in. Won’t be popular but at least we’ll get HONESTY for once. And if people want to get mad then there’s a certain top 1% that holds half the wealth.
A class of 30 is paying 9k a year. There is one lecturer making 50k a year. They sit in a classroom with electricity, desks and a projector. 30x9000= 450,000 450,000-50,000= 400,000 Wow so renting a classroom and paying admin must be 400k a year, of course universities need a bailout 🙄
Universities problem needs a "reality shock": they need to adjust to current student intake + abroad, and meet personnel numbers accordingly. They overgrown expecting adjustments and now they are paying the price, as students numbers soar.
So companies are struggling with shortage of staff across all industries. And the government is not managing to keep up with the bills of so many people on different types of benefits.... and the solution is. Lets tax more the people who are working.... brilliant...
@@inbb510 It really isn't, just look at the statistics of areas with high crime and they are also areas of high poverty. Also Poverty isn't some immutable characteristic or flaw people have, it's a condition imposed on them by a barely functioning state and society that has thrown their talents aside and locked them out. Rising inequality drives poverty, poverty drives crime. But by all means build more prisons, easy fix.
@@robertmartin6800 Yeah I forgot the people who commit petty crime for the love of the game. You're right we need a billionaire dressed as a bat to beat the poor into submission and throw them in prison for 2 decades. The war on crime worked so well in the United States we have the world's largest prison population and still lead the developed world in gun deaths and violent crime. Like the old mantra goes, trying the same thing over and over and expecting a different result is the definition of being conservative.
Don’t forget all the other public servants that have had under inflation pay rises for decades now. I know when I started working for the local government they had just exited a 7 year pay freeze (they didn’t catch it up, they just resumed the normal (still terrible) 2% yearly pay rises)
116 billion was spent on paying working age benifits. There's your problem. Cut the benifts for people cheating the system and get them back into work and the government will see the spending pot grow. Our company can't fill job slots even though there are plenty of people to work, so instead they're hiring people from India and other places to fill the gaps. Yet those people who can't be bothered to work, will probably complain about the immigration levels. You can't win
taxing the rich isn't effective enough, i swear about 95% of those taxes will wrap back around to the rich, rather than public services. blame your corrupt councils and local governments for installing useless "art installations", "renovated bus stops" that cost WAY more than they should've really cost (they leech most of the money from these things, which is why they beg the gov for obscene amounts of tax money to build them). a council near me built a really ugly silver donut shaped thing that is like 10m wide, and a "redevelopment" that did absolutely nothing to control the amount of crime or depression in the area. it cost £150,000,000 which is way way WAY more than it really looks like it should've cost and the council went near bankrupt.
Opinions on the market diverge; some claim overvaluation due to rapid gains, while others cite strong economic fundamentals justifying high valuations. Raises concern for my $600K equities going 8% up and 20% down. Should i hold on or sell off my positions and hold cash?.
In fact, markets have incorrectly priced in such a pivot six times over the last two years, according to Deutsche Bank, which sounded cautious about this seventh time. Still showing us why pointers from market experts are essential.
Agreed, After taking charge of my portfolio in early 2017, i stumbled into losses. Upon realizing that a change was necessary, I consulted a fiduciary advisor in 2020 and since then my $3.2m portfolio has gained 28% annually through restructuring and diversification using dividend equities, ETFs, mutual funds, and REITs.
Local councils have already made massive cuts to keep themselves from bankruptcy. Mental health and learning disability support services has been slashed!
The council system needs to be reformed completely in this country. I mean is completely absurd the lack of accountability these councils have in the UK. Whereas when I lived in Canada you’d see the mayor or councillors in the paper or featured on the news all the time discussing issues or even facing the scrutiny face on. I mean it’s just ridiculous that these councils can be so mismanaged and we can’t even hold them accountable similarly to other countries
People need to come to terms with the fact that the UK economy has not grown in real terms since 2007 and we are slowly eroding away from a first world country. Look we can sit here and try and min-max the amount of money we have to our services so they can function correctly but the problem is that we have zero money. We are demanding the same quality of life as we once had, but no meaningful wealth generation is happening in this country. Our wages in real terms have basically been frozen for the past 15 years now and we’re asking for a level of service belonging to a first world country, but yet our GDP per capita is the same as a place as poor as Alabama. We need to come to the realization that our country is really slipping away from being first world and come to terms with bringing our economy back to life. It’s like the discourse around services dominates all political thought and we cant meaningfully tackle why the country has not grown economically since 2007 while our population has grown by several million. This was a problem well before Brexit and will remain far after until we actually incentivize the creation of wealth outside of just finance and services.
Will people being held in police cells be people who are yet to be found guilty and are awaiting trial, or just those wjo are awaiting charges after being found guilty?
Feel like it would be easier to list whatever isn't a crisis
That wouldn't make for a good video though, not enough content.
why is it all money problem?
Remember when they said the Tory's were responsible for all the problems and a labour government would solve them all?
@@just4fun607The British economy has not meaningfully grown since 2007. We will keep slowly eroding away our living standards if we don’t figure out a way to fix this issue. Services continue to become more expensive but the amount of money we’re getting has really not changed in over 15 years.
@@ZeetherBit The economy has grown at a decent rate in the last six months though compared with the rest of the G7.
so telling that nobody over 45 thinks housing is the single biggest problem facing half the country
to be fair, a few of these problems probably should be tackled before the housing crisis. i.e, councils being bankrupt means they can't afford to build new houses, so the govt has to fork it out of money they don't have.the thames water issue should be tackled before building houses as they need water to run, and if you ignore striking workers, things tend to go to shit very quickly. Also, the housing crisis is a very long-term issue, as building good, liveable houses on viable plots of land takes time, to account for finding the money, planning, actually building the houses, buying the houses, etc. It is a VERY large issue, and one I am personally facing, however, there are some things that may be smaller issues but are more urgent and potentially short-term, as well as being a barrier to solving the housing crisis, which need solving first.
Oh yeah for sure, I think people don’t understand how massive the housing problem is for the economy. Increased housing costs in comparison to wages is a complete and total erosion of economic activity. Whereas the traditional rule was 30% of your monthly pay goes to housing it’s now close to 50 to 60% if you want a one bedroom apartment to yourself. I mean that’s literally 20 to 30% of someone’s wage being completely removed from being able to be spent in the economy. It’s no different to what increasing interest rates does, it significantly decreases the amount of money that can enter the economy and people think that’s not a cataclysmic sized issue.
It's like that they were given an opportunity to buy their own house isn't it?
It’s not the old people voting for mass immigration…
Why would they privatise their water? I thought only America would do something that stupid
Thatcher was good friends with Reagan so I assume that is where we got the idea.
Nationalising Thames Water is the only ling term solution to that problem. Obviously, the private sector cannot handle it.
The title is misleading. These are not "Labour's crisis", they're UK's crisis. (edit: TLDR changed the title after I made this comment).
I think the title is clear they’re labour’s problems as they have to deal with them.
AS GOVERNMENT THOSE PROBLEMS ARE LABOURS ; THEY HAVE TO SOLVE THEM !
No, they're Labour's. If there was still a Tory government, there'd be no question that they'd be the Tory's problems so they're Labour's problems now.
@@hughjass1044 That's cause they were entirely created by the tories, not labour
@jod125 this is cope of the highest order, some would call it delusional.
Nothing on housing or immigration? If she does run the country, then her record isn't very good.
Not having housing there is genuine insanity.
@@Ahad-bj1cz, no it's intended.
She probably owns a LOT of properties...
They're political issues. These 6 are institutional crises that threaten the foundation of the UK.
What tldr news didn't say is that these are the issues which are emergencies that need addressing in months. The housing and immigration crises won't be resolved in months and can keep ticking along for years
@@kevinh4869we've had the highest levels for the past 14 years and the UK hasn't fallen apart yet. How long does it take until your so called imminent disaster? Yes immigration does need to be reduced but it's by no means a short term crisis. It's a long term population crisis that is easily being fixed by labour by investing in the home office and actually deporting people unlike the conservatives
I think Labour really screwed themselves with the "No tax rises" promise, it needs to happen to plug the black hole in the budget
Yep, Never ever ever say "no new taxes". You will live to regret it.
They said no income tax rise but capital gains etc are fair game
To be fair, they didn't say "No tax rises", but no rises in the biggest three (beyond fiscal drag): Income Tax, National Insurance, VAT. They'll probably be hesitant to raise Corporation Tax as well, another big earner.
@@mittfh
I wouldn't be against things like council tax increases, but I think really they need to go back to the drawing board and work on making it a better system rather than just making the current system more expensive.
Council tax bands don't make a whole lot of sense and are massively outdated. I just bought a house for £270,000 and the council tax is only 1 band above my 1 bedroom flat I was renting. And why does it only go to band up to H? There could easily be an I and J etc for those ridiculously priced properties.
The prices being based in 1991 clearly seems overdue for an update. And Band H being anything that was £320,000+ means that someone with a £320,000 property (1991) and a £2,000,000 property (1991) would be on the same band in spite of an order of magnitude of wealth difference.
If its like america over there, you will never find enough taxes to pay for what the government wants to spend
Wow it's almost as if giving huge tax breaks to the super rich and not investing in the country (just like the torries did) doesnt work. Weird. Maybe they should try giving even more money to the super rich? That will surely fix everything :)
Yup we need more piss down, I mean "trickle down" economics.
do you mean "maby they should try taking less money away from the super rich"?
how can you "give" someone their own money?
If you tax rich, they will simply leave the UK, and then you will get zero of their revenue in tax
@@Agtsmirnoff Those with the ability to leave have long since left to tax havens already
@@Agtsmirnoff The rich own assets, housing, businesses that are situated somewhere in the UK. If they own assets that can be relocated so they pay no tax then they have long done that already. If you raise taxes on landlords that own 100s of properties they are hardly going to pack up and take their properties with them.
If I was rich because I had a giant stock portfolio, why would I pay 20% tax in the UK when I could put it in a tax haven and pay 0%? Most super rich people will have already done that. Better to tax the things you can tax than tax very little because of some imagined fear of pissing off your rich overlords.
Wow, the UK has privatized water utilities? That's insane, I'm in a Texas city that has public water utilities, never thought I'd see something in Texas that's more progressive than the UK.
The UK did a lot of "privatization" back in the eighties and nineties. Usually what would happen is that the service itself would be "sold" to a private firm and run for a profit, but the state would still own all the property, and pay for everything itself. The state has essentially just contracted out the actual management of the service to a private firm. The thinking is that private firms could invest boatloads of capital into public services, and run them more efficiently than the state could, so that overall the state could make a big savings, and provide better services. In practice, the red tape precluded any savings or improvements in the service, and the UK's public services have only continued to deteriorate.
@@robertmartin6800
Not aware that the property and assets of privatized firms remained with the State - are you sure about that? You seem to be making excuses in your final sentence for the abject failure of the the privatization project, full stop. Reminds me a bit of what's now going on in the Daily Telegraph Comments section amongst diehard Thatcherites, whose new tactic is to insist that useless privatized companies like Royal Mail, British Gas, BT, Thames Water, many of the rail companies etc, don't really count as part of the Private Sector at all, but in fact are 'pseudo-private' or 'quasi-public' or some other such nonsense.
Only six? That's pretty good going.
😂😂😂
Those are just the biggest crises - there are plenty of others, notably dealing with the opposite approaches to immigration demanded by business (more!) and the public (less!). An increasing population unsurprisingly puts more pressure on housing, infrastructure and public services, but also provides more workers for business which are key to increasing GDP. However, many jobs such as agriculture or care assistants pay very little, attracting nowhere near enough "natives" - but if they paid more, they'd have to increase the prices they charge, which would deplete demand (which in agriculture would mean more imports, in social care would mean more Delayed Transfers of Care where someone's medically fit for discharge but can't be released from hospital due to delays in arranging ongoing personal care support, which not only results in them unnecessarily taking up space in hospital wards but the longer they stay in hospital, the more their personal independence and mobility decline. The big enduring problem is we want high quality public services, while paying as little tax as we can get away with.
@@mittfh
Yeah, immigration should've been arguable at the top of this list as it's compounding the issues in many other areas.
To quote Homer Simpson: "so far"
@@mittfh
Keep in mind, immigration is at best a temporary solution to a long-term problem, aside from the fact that Britain has not invested sufficient money in infrastructure to account for the increasing population, many of these migrants utilize more in social services than they pay back in taxes, and of course a 20 or 30 year old Will be a 70 year old in 30 or 40 more years, thus kicking the can down the road so to speak.
To say nothing of the fact that integration in many respects has failed.
The UK has the 6th largest economy in the world, but is put to shame by countries that have far smaller economies. it points to plain ineptitude and corruption to me.
Most of that is in the services industry. And that is basically just in London and all that wealth goes to a select few.
Farming, fishing, steel, whatever it's all basically gone. A large economy but with a single thing.
6th largest economy, 95% london, 90% of that services (labour).
The working class do things for the rich to survive, who just happen to be here as the UK is also an expert at hiding and washing money. Go us!
Yes, I have always said that this country only looks after white collar workers. Although I think the country should invest in other areas especially in the industrial sector. It shouldn't really matter where the money comes from, whichever way you look at it we should have the money to pay for things like Education, transport, social housing, and the NHS. Like I said it doesn't matter where the money to pay for it comes from, we do have the money to pay for all these things. Like i said in my original post it all points to ineptitude and corruption, HS2 is a perfect example, the costs have ballooned so much phase 2 has been cancelled. They couldn't care less about the north of England, and the north and south divide just gets larger.
@@tryaluck yet the politicians you vote for in the UK all seem to be rich, or at least wealthier then most. You really think a rich guy like sunak is going to lower his own wealth to provide those less well off with a decent living standard?
Everything in your system is set up to benefit the rich. All direct extension from when the lords and ladies ruled the lower classes, you call it tradition.
You can't even create a chamber that fits all representatives, you cannot have push button voting, requiring people to walk through a hall.... For heavens sake, modernize already. You can't even do basic changes, how do you expect large ones.
The government is more concerned about limiting free speech and keeping control than it is about issue solving, after all without a crisis what do we need so many politicians on the payroll for? With their sticky fingers in the cash jar we will always be in a deficit.
A considerable number of people, I mean people in and over their 50s, will look at this and say; 'this is what you get with Labour.'
Don't speak for me, age 65 or my brother age 70. I'm sick of being lumped into a lazy generalised statement of all boomers are right wing.
Torys did this fact
@@chrysalis4126 how sbout "65% people of over 60 are tories"
What tories did for paat 14 years? It's still fresh. Labour is only in the office for couple of months.
@@chrysalis4126 he did say "a considerable number" which is a bit of a shitty generalisation for those who don't fall into it, its not unreasonable to say considering the numbers, but like you say, as a 20yr old who lives in a predominately 60+ area I've had many a conversation on politics for the labour side which can really put into perspective that most were just really sick of the torries and far more open minded/progressive than any numbers would have you believe
most just havent taken the time to just really get get the full view point from people that age and just look at some stupid numbers and make any conclusion with only what those numbers point out
It's not a 21% pay rise, as the ballot is on whether to accept a 4% rise the rest have/ are being imposed.
For Gods sake just raise taxes. You have a big majority, and 4-5 years of rule. If you fix the countries issues, people will forget about it. But if you dont fix the issues, you will be voted out.
Agree with that
People like you would get 0 votes in real life. Tax rises are never popular and often bring down governments. Tax is already very high than in UK for what services are given in return.
@@salkoharper2908 Tax is lower now for most people than it has been for a long while....increases in the personal allowance have taken many low paid workers out of income tax altogether. While I believe governments should keep their promises it would not bnother me if there was a small tax increase.
The problem is that this government would spaff it up the wall on their usual voters groups - women and ethnic minorities - and not actually address any of the long term problems. They would spend money on housing just to service the massive levels of immigration they want to see and the British people who've been genuinely homeless, rough sleeping, for decades will be as homeless in 5 years as they are now.
To sum up I wouldn't be against tax rises on principle, but would be wary of this government because I don't think they will spend it wisely.
More to the point, I also don't see how we can move on without addressing the elephant in the room. The very rich need to pay considerably more tax and can't be allowed to just carry on their lives of decadence. It's a scandal that there are people who have more money than they can possibly spend in a lifetime. What the hell good is that money doing sitting in their accounts? They're the ones who benefit from the economic system. Use some of the massive gains they have made over the last 50 years to fund some useful stuff.
wanting tax lol
lower government dont raise tax
imagine advocating for enslavement and theft 🤣
Crazy how peoples have no freaking patience.... Labour can't fix 14years of idiocratie in 1month.... I hate that the media are just complaining and jumping on any ocasion to blame labour for everything..when they literally havent even reach the average probabition period of a Job in UK.
I think the main problem people are having is how brutal they have been to their mps and the lies from the manifesto, biggest one not putting taxes up during the next budget
He could fix the illegal immigration issue in a matter of days. He wont, because he is complying with the puppet masters orders.
Decided to remove the winter fuel payments. To save money to help fill a 'black hole' but then give 12 billion in climate aid to other countries? Thats a stupid shitty choice to starve or freeze millions of pensioners so you can afford to give money abroad.....
That so-called brutality was to MPs who voted against them on what was likely a 3-line whip issue. Harsh, but not unfair given that is what you’d expect as the outcome. They also haven’t lied about taxes - they didn’t rule out not increasing taxes at all.
This happens always mate
Nothing can't be solved by declaring war on a far away power.
Yes economic sanctions would do us a world of good post-Brexit and post-Covid
@@plxton and gunboat diplomacy
@@plxton I'm assuming that was a sarcastic comment!
Who said it needs to be a far away power? France and Germany are right fucking there! What the hell are we waiting for???
@@martinduran9523 Historically there's probably a better record against the Germans than the French. Of course the Irish are even closer if we feel like a gentler challenge.
The water privatization situation is emblematic of right-wing government tendency to "solve" social problems by oblivious privatization with zero regulation. Private financial institutes swooped in, bought public infrastructure at pennies of the real cost, had the companies take high interest loans from the owners - supposedly for "investments" but actually used the money to pay the owners back the purchase price and a nice uplift - by paying £Bs in dividends, made no actual investments and when the infrastructure start deteriorating and hurting the citizens, the regulators say "if we enforce tough regulations, the private companies will leave and what will we do then" - what you were supposed to do, schmucks! Regulate and manage national infrastructure.
The government should sue all these VC funds for unjust enrichment and claw back the billions in dividends and loan interest, and set up tough regulations on what water companies are allowed and are obliged to do. For every company that the private market doesn't want to handle, set up a non-profit to manage it.
Where'd all this money go??? to the pockets of billionaires who exploit off shore tax havens. If they really want to fix the country they could fine and properly tax these scummy businesses
Yes, it’s like they’d rather remove the heating from OAP’s than tax the rich.. Apparently there’s no money, and yet it seems quite simply to solve… Just tax the ultra rich properly. Even a little bit.
If they started trying to do that then the slimy snakes would probably pack up and leg it before Labour got a chance to actually tax most of them.
im all for "tax the rich" but some people need to realise that the tax spending needs to be addressed too.
even if you taxxed the rich, guess where all that money is going back to? the rich.
@@ashemocha yeah a lot of this comes down to things like "will we tax everyone (including the poor, more than they can proportionately afford) to bail out privatised institutions"?
I'd give it to Labour that they at least mean well and are partly having to contend with a system where taxing (cough cough inheritance tax) or even *not subsidising* (cough cough winter fuel payments) the middle-class/rich is seen as unfair.
Unfortunately, close one loophole and the accountants employed by the wealthy will find another one - often a tax break intended for small businesses or startups (potentially swamping demand, so if it's withdrawn, the genuine small / startup businesses will lose out). Never mind that some schemes, such as booking revenue through an offshore subsidiary, are very difficult if not impossible to clamp down on - for many tax havens, the bulk of their government revenue is from the annual fees charged for no questions asked, no tax charged banking, with several not even requiring the beneficial owners of businesses to be disclosed.
What about immigration, housing, the rise I drug use, cost of living, international tension and corruption. All of those issues are of equal if not greater importance. The government has to start addressing these key issues, otherwise it’ll just get worse. Immigration is the biggest problem that they can sort out right now, it’s causing the housing crisis and putting massive pressure on the NHS and costing the taxpayer billions to house immigrants. Which could otherwise be spent investing in Briton.
Surprised to see that unaffordable housing/crisis isn’t even on the list.
6 problems caused by tories could get the tories back in? Gotcha
"Welcome to Downing Street! Here are all these problems we created in order for Rupert Murdoch to brainwash most folks older than fifty into blaming on you. Have fun trying to fix them with the shambles we left of the treasury, see you in a few years after our paid character assassins have done their work."
It’s all caused by mass immigration
Hi guys, love your videos, please keep up the good work. Just to flag though, there's a typo at 0:19 in the speech bubble it reads "Britian" rather than "Britain".
I’m a trucker and I see plenty of empty fields in England
Immigration is a pretty important issue which affects many others. The fact Sue Gray missed this is telling, she's clearly not competent.
So they are completely ignoring the massive elephant in the room, wealth inequality.
It's a problem, not a crisis, and they talk about it from time to time.
wealth inequality and re-distribution to the ultra-rich is the primary factor in why the government is bankrupt and the working and middle class have been shafted.
Taxing the wealthy (those with millions in assets) will see many of the problems mentioned evaporate.
@@XsweetstarliteX However, the ultra wealthy have strong influence over governments, meaning the only viable route for redistribution is some sort of uprising/civil war.
Not a commie, im as free market as most, but i do recognise that under pure capitalism one person ends up with all the money.
You missed a third solution to local authorities. Let them raise Council Taxes and preferably make it more progressive by increasing the number of bands at the top end. This would also reduce the pressure on the NHS because a well funded council could provide social care allowing hospitals to discharge elderly patients reducing bed blocking. Freeing up hospital beds means casualty departments function better and therefore ambulances can drop off patients quicker improving that service too.
council tax should be based on income also, not on area, makes no sense that people struggling to pay rent, should be further stepped on while their landlords sit pretty.
@@RadikoolS that’s a separate issue. We need more law governing the rental sector so we move towards something more like the German system. The best solution is lots of council housing to provide competition in the market. That also helps local councils who are being ripped off by private landlords for providing homes for people in need.
advocating for tax lol
@@ohnoitisnt damn right. If you want civilisation you have to pay for it.
@@shaneintheuk2026 You can build roads, fund armies, and have health services without governments
They print the money they need anyway. Also, i feel morally dirty giving money to a tyrannical state.
Honestly? The house is burning down, and we’re worried about the smoke. Nobody really wants to admit or deal with the fact we’re a dying country and have been for a long time and something needs to be done about it. Everything we see is symptomatic of that underlying problem.
On a large scale, Britain has been haemorrhaging since WW2; Thatcher tried to arrest it by essentially concentrating what was left into London (and annihilating the rest of the country), but a combination of failing to modernise and mismanaging what could have helped like North Sea oil has meant even that is starting to fail now.
Britain needs to reconstruct and modernise its economy to find a place in the modern world (as an example, not one of the top 100 tech firms on the planet are British), and until it does, we will continue to disintegrate.
It’s not a matter of left or right: it’s a matter of actually engaging with the present and the future.
7:34 I'd go even further back.
Britain peaked, for goods, in 1894, for income, in 1913.
Cotton which provided much trade in the Provinces, last peaked in 1922 and Coal last peaked in 1910.
92% of GDP is now services. The direction of travel is clear.
It's getting a deliveroo economy without much future.
It doesn't help that we're good at inventing stuff (think Dyson, ARM) but then either sell out to big international players or just keep R&D over here and outsource manufacturing to somewhere with a really low cost of living and bugger all employment regulations.
The likes of Truss and Rees-Mogg had one solution: rescind as many regulations and taxes as possible, implement laissez-faire capitalism - but unsurprisingly that's not very popular with much of the public, as such ideology would result in public service cuts on a scale that would make Austerity look like child's play or tinkering around the edges.
You are the very few that understand, this is such a good analysis. I think if this dialogue can become the mainstream this would actually provide a clear path forward to solve these key issues. The UK has not meaningfully grown its economy in real terms since 2007 yet were demanding more services and our services there are getting more expensive. We also need to figure out how to solve our massive labour participation rate problem, the UK average is 62% and the EU average is 75%. We literally have 13% of our population being a net drain on our economy and services. While our population is declining domestically the population growth we are using from the outside is almost on all metrics less productive then domestic born populations. However countries like Canada have seemingly avoided this issue while being way more dependent on immigration. The economic problems that we have are so baffling it’s hard to even begin on how to fix them because they aren’t even in the political dialogue yet
@@mittfh honestly, I think it’s as much about collective mindset and attitudes as it is policy. We’re such a backwards-looking and cynical country. We just don’t have that drive towards the future and creating great things that you see in so many other countries. And so often when you do get people with that spark, they leave.
I do wonder how much our class mentality is to blame. Like it just doesn’t occur to working class British people “hey, I could really do something amazing if I really tried” - certainly not in the same way that it does to working class Americans. We have much more of a keep-your-head-down attitude.
And we need those people, because those are the people who really drive an economy forwards.
@@CLaw-tb5ggAgree a massive problem. It’s odd that if you say to people you wanna start a business they almost look down on you. It’s like they see business creation as something that’s “chavy” I mean it’s actually beyond baffling. Like you said in the US, if you said you’d want to start a business people would be extremely supportive.
The Six Major Crises of UK: £, £, £, £, £, and £
If your party's name is Labour you should be able to handle the unions.
I feel like America and Britain, from an Asian's perspective, are extremely unstable in politics. From what I've seen so far, it goes like this:
- Politician gets the public's approval and elected into office.
- He/she can't solve the public's bread-and-butter issues.
- He/she then gets the blame and voted out of office.
The cycle repeats itself. Self-perpetuating.
It's probably happens everywhere in the world, i'm from New Zealand and it's pretty much the same here, party blames party in power for their handling of an issue then they get into power but then change tune and do exactly what the last government did, hypocrites.
I mean that’s just democracy. It’s not perfect and hardly ever works well but I much prefer this to the alternative. Plus it’s not like every elected party fails every time. We do make the right decision every once in a while and put the right people in power.
For the UK the last 14 years have been the worst and most tumultuous in our political history, typically a PM will rule for 10 years or two elections until internal political pressure forces them out.
Well maybe if they can bloody solve the problems.
We are divided broken shit hole of country's no hope destroyed by the elite
Tame water is prime example of privatization not always works, especially utility industry where there is no natural competition is not possible.
Exactly. I’m a capitalist, but if there is a big industry with no fierce competition to keep prices affordable. Nationalisation should happen.
The water services were established as de jure local monopolies, it's not that there is no natural competition, the state simply outlawed it.
You mean fourteen years of austerity had severe negative effects? Glad I was sat down for that revelation.
Austerity wasn't the half of it.
I just think the British public need to come terms that the country is much poorer than they actually understand. You cannot have all the services you once had with a GDP per capita the size of Alabama. The UK economy has been essentially stagnant since 2008 and it’s really eroded how much money the government has to work with.
Selling all public services to foreign companies for short term cash, who'd have thought that would have had bad effects a decade later.
15 Million extra people and no infrastructure.
There was no " austerity " during the covid years. There were stupendous ammounts spent on the NHS and furlough during that time. Go and look at the figures !
Don’t bail out the Uni’s. Restore it as an academic system for students to want to study and achieve worth while qualifications. This would mean reducing the amount of students by 90%, that 90% makes a complete mockery of University, and it’s a joke and a disrespectful waste of tax payers money. Also far too many pseudo professionals working at University who need to go get a real job.
I dont think there is any restoring universities now that youtube exists...
@@ohnoitisnt hi, can you please elaborate on what you mean? Genuinely curious
@@Slider5320 You can learn anything you want online. Noone goes to uni and comes out ahead financially. Find me an undergrad whos plotted the graphs, noone does
@@ohnoitisnt the internet is completely unregulated with what people post. Journal articles have to be approved by valid researchers, doctors and professors. Even then, the research may not be correct, which is why students are taught to be able to critically analyse and evaluate information, to create an informed opinion. This is part of what Uni teaches, it’s very unlikely anyone will just self teach themselves to university level.
Also, for jobs like medical and legal as well as many others that require the qualification to do the job. You can’t get the qualification just by watching youtube.
As for earnings, it depends on the qualification. There are a lot who end up working in factories or stacking shelves after finishing Uni, far too many students end up like this. Usually because their degrees were just a complete con.
But again, more credible qualifications in sectors such as legal, medical and engineering etc can lead someone to earn well.
So yeah, I think they need to reduce the amount of students and focus on the courses if actual value, and students who should actually be there to restore the British University system as an institution of academic excellence, and not the complete joke it is today.
@@Slider5320 Id love to see the crossover graphs for medicine, law and engineering. I imagine medicine to be particularly bad, engineering to be very 'it depends', law is probably still decent tbf. But thats only 3 examples of many.
Unis teach critical thinking?! Ha. Strongly disagree. These institutions have been the breeding grounds for leftist ideology for a long time.
Dont get me wrong i would love to see our education system be worth something but with the availability of information thanks to the internet, and the generally unfavourable economics of going, i dont see it happening.
Thanks
You guys are brilliant!
So basically, money
hey TLDR, why didn't you espouse nationalisation? You made it clear it was debt free pre privatisation
Cutting wasteful spending on unnecessary things never seems to be on the radar, it's always either borrow borrow or tax tax tax when it comes to most of our politicians (and yes that also includes the previous Tory government despite their rhetoric, who've seen fit to jack up taxes and take on record levels of debt). It's always very easy to spend someone else's money.
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The thumbnail is really clickbaity and not professional at all, please stick to more logical and professional titles.
free healthcare doesnt seem so free
Releasing prisoners early is never a competent, intelligent, nor reasonable policy.
Mental health isn't even top 6? Wow this country is fcked
What about the Immigration crisis?
Love how your channel and other journalists in the UK didn't feel any of this was a problem when it was all being created by the previous government.
One would think this all occurred in the last 7 weeks from the sudden hysteria.
This has been going on for years.
Well said.
It's probably because most people think Conservatives won't do anything anyways (especially since they're the reason the problems existed), so they are hoping that Labour will do it
You make it sound like TLDR was defending the Tories before, which they definitely weren't. They even made a podcast about how Liz was shit and repeatedly stressed that Rishi was doing fuck all. Anyway, even if they were Labour supporters, it would still be important to keep criticising the government. That's what journalism should be - keeping power in check - regardless of political affiliation.
Weird comment given they linked videos on each with Sunak on the image. Yes, they were covered these in the past.
@@maleldil1 I have seen many a video defending tories and their policies from this channel. I didn't see much from them when reporting on the car crash our country has been for over a decade when the Tories were in power.
Maybe if posh boys like this channel and other journos had put aside their class loyalties, we wouldn't have endured 14 years of Tory cruelty.
I am allowed an opinion that differs from yours I hope.
Welcome to what you would usually refer to as the "third world". 😂😂😂
Nothing about housing or immigration? There are 8 crises
No.7 the military. Maybe not as much of a problem now, but if war breaks out with Russia, we're going to need more soldiers, more and newer vehicles and weapons, and more efficient money usage.
This just shows how out of touch the Labour Party are. These are what they see as the 'main issues', when in actual fact, millions of Brits want immigration (legal & illegal) sorted. By doing so, the domino effect is less people using NHS services, councils won't need to find money for housing so many people (and other services). Also, deporting foreign criminals will free up thousands of prison places. BTW, I'm not suggesting foreigners are the sole cause of these issues - I'm saying that sorting out immigration will help ease a bit of each of the problems in this video
The entirely of public finance is "the squeaky wheel gets the grease" they are rewarded for being in crisis, so they will always be in crisis.
Universities can be fixed by redoing the student visas for universities.
You need to streamline the process for university application for those outside the country whilst making sure to prioritise the UK students.
I can't comment on whether I think the system we had was good but it's quite.obcious that the rules on student visas changing and a hand in the new university crisis.
British contemporary politics is so chaotic and fruitless, it makes the russian revolution a century back look like the American revolution.
Alternative title: "6 Tory fuckups that Labour now have to fix"
No, 6 Tory fuckups that Labour will hide, obfuscate and pretend to fix .All the while messing it up and hiding the bill.
What do the prison and Thames water issues have to do with the Tories?
@@neptune3569 14 years of bad governance leading to these issues.
@@neptune3569The conservatives did nothing in advance of the prisons getting to this state. They also sold off the water utilities (albeit it wasn’t the recent Tories, but it was still their party). This led to it being mismanaged as a private company, instead of being controlled by the government and kept in line.
Left right left right....
Same boots worn by the same tyrants. Dont expect change from the uniparty
It's a shame that borrowing has been ruled out. How is the UK supposed to turn 14 years of Tory austerity around without any money to invest?
I suppose we could sell off some of our Pacific or Indian ocean territories to China or the US. 😅
Er, doesn't apply to violent offenders? Check that fact Jack. There are numerous examples of violent prisoners on the early release program, including one who killed a child.
Local councils? WTF? My local council is stealing my eyes out for what? Waste management? OK. Local police dept. achieving increased antisocial behaviour in the area? Renting properties in the area for those who don't want to work, to further increase insane property prices? I'm paying a lot more than the fair amount of taxes already.
The prison overcrowding 'crisis' isn't a crisis at all. Its all performative as the tories put it. There were more people in prison in 2011 than today. 7 new prisons are under construction or already built. If you have overcrowding, stick them in a camp. We stick migrants in a camp, why not prisoners. Public sector pay, junior doctors are not underpaid. Virtually none of them get £14 per hour. They get top ups to their basic contract almost immediately. Train drivers earn £60k plus already. Labour are just spending our taxes like water. Talking of water, put the bills up. You want all this green stuff then pay for it. Universities, half of them are **** anyway. Polytechnics calling themselves universities.
Binary solution choices is what got us into many of those problems. The Preston Model (Chicago Model) not even being mentioned seems like an error.
Incredible how many of these are the result of privatization
Honestly don't see a difference to the Tories on most things. They are at least appearing less corrupt but I don't see much hope honestly.
It is like it is.
No matter which farmer.
You just can't expect a good harvest out of comepltely ruined ground ....
Hopefully labor can sort these out with some example from more thriving countries. To lose confidence in your government can be more dangerous than they may assume. It's not about making their donors happy, we have the votes.
I love the UK. "We're 2000 prisoners below capacity and we have a problem because we're arresting more people" In the US it's more like: "We're 25% over capacity in our prisons, what should we do? More life sentences for petty crimes!"
How is £65k + 4 day work week + 28 days of holidays + bank holidays + work benefits is not a good deal is beyond me...
Mick Lynch literally earns more than some MPs.
At what point are we going to say they are just being out of touch and greedy...
+ a bloody easy job that anyone can do
LABOUR WILL NEVER NEVER GET A SECOND TERM IN OFFICE , because the British People are PISSED OF WITH Starmer and the Chancellor we will get them out
Comrade SS Starmer is the biggest crisis facing Labour and this country.
TLDR seems to be heavily critical of every government no matter the party. Fair.
But perhaps, make your channel’s stance clearer, is it for the everyday people, regardless of background? is it to provide solutions for a happier and thriving reality for the majority of country?
Or just more empty political commentary we have seen for years on mainstream media (left, right and, centre). Whilst ordinary people live the consequences.
What is TLDR for?
we're one of the largest economies in the world, money isn't the issue, we've got plenty of that, the issue is where its going, id bet well find lots of it being siphoned away to the pockets of civil servants and the rich
This government is already finished 😂😂
Easy solutions if you ask me. Government should straight up admit that as citizens we must accept the standard of living has dropped and therefore local spending will be even less, NHS will be worse, water prices may go up and just let more foreign students in. Won’t be popular but at least we’ll get HONESTY for once. And if people want to get mad then there’s a certain top 1% that holds half the wealth.
A class of 30 is paying 9k a year. There is one lecturer making 50k a year. They sit in a classroom with electricity, desks and a projector.
30x9000= 450,000
450,000-50,000= 400,000
Wow so renting a classroom and paying admin must be 400k a year, of course universities need a bailout 🙄
Don't push your luck LABOUR PARTY BEACAUSE THE COMPLETE COUNTRY can. Vote no confidence in the labour party, and we can do that
Great video to put it simply then everything is too expensive and UK is short on cash
I don't like kier starmer or voted for the labour party but I'll say it's probably the most difficult start to a term for a government since Atlee
Watching this video made my wallet ache. Great video and thanks again for making it.
Why are leaseholds/ housing not here?! I only voted for Labour to reform it...
I bet the crooks who break into cars throughout my neighbourhood REGULARLY will be crying with joy over the jail sentencing cuts...
Double edged sword... you armed?
The Doctors pay rise ballot is for 4% not 22% but the government is pretty experienced manipulating public opinion via the media.
The point is that Labour is making that which is dire worse and making stuff that was poor an outrage.
Universities problem needs a "reality shock": they need to adjust to current student intake + abroad, and meet personnel numbers accordingly. They overgrown expecting adjustments and now they are paying the price, as students numbers soar.
So companies are struggling with shortage of staff across all industries. And the government is not managing to keep up with the bills of so many people on different types of benefits.... and the solution is. Lets tax more the people who are working.... brilliant...
Their first challenge, that would block them from over coming all the others, is to not fall into the pocket of big corporations and the ultra rich…
How about Labour tell us where our taxes are going, building prisons and NHS fixing are the most important issues
LOL, There's too many people being incarcerated... Build more prisons!!! Maybe find out why so many people are turning to crime (Hint: it's poverty)
@@jacobjones630, that's just a dangerous assumption to make as that just stigmatises poor people even more.
@@inbb510 It really isn't, just look at the statistics of areas with high crime and they are also areas of high poverty. Also Poverty isn't some immutable characteristic or flaw people have, it's a condition imposed on them by a barely functioning state and society that has thrown their talents aside and locked them out. Rising inequality drives poverty, poverty drives crime. But by all means build more prisons, easy fix.
@@jacobjones630 Poverty doesn't cause crime, you can't fix crime with welfare.
@@robertmartin6800 Yeah I forgot the people who commit petty crime for the love of the game. You're right we need a billionaire dressed as a bat to beat the poor into submission and throw them in prison for 2 decades. The war on crime worked so well in the United States we have the world's largest prison population and still lead the developed world in gun deaths and violent crime. Like the old mantra goes, trying the same thing over and over and expecting a different result is the definition of being conservative.
Prison capacity is X
Current prison population is less than X
What's the issue?
Our population goes up a few hundred k a year with immigration
@@daniel117100 right, but that doesn't mean that prisons are literally full and that there is no time to build new ones
Don’t forget all the other public servants that have had under inflation pay rises for decades now. I know when I started working for the local government they had just exited a 7 year pay freeze (they didn’t catch it up, they just resumed the normal (still terrible) 2% yearly pay rises)
Tax the rich.
Yey and then all the rich will just leave also the rich are all ready paying for most thing in this country anyway
@@mrsplashmanjr1285 Exit tax
116 billion was spent on paying working age benifits. There's your problem. Cut the benifts for people cheating the system and get them back into work and the government will see the spending pot grow. Our company can't fill job slots even though there are plenty of people to work, so instead they're hiring people from India and other places to fill the gaps. Yet those people who can't be bothered to work, will probably complain about the immigration levels. You can't win
@@ShadowJester-jg2gs You are ignoring the prohibitive cost of living for ordinary working people.
taxing the rich isn't effective enough, i swear about 95% of those taxes will wrap back around to the rich, rather than public services.
blame your corrupt councils and local governments for installing useless "art installations", "renovated bus stops" that cost WAY more than they should've really cost (they leech most of the money from these things, which is why they beg the gov for obscene amounts of tax money to build them).
a council near me built a really ugly silver donut shaped thing that is like 10m wide, and a "redevelopment" that did absolutely nothing to control the amount of crime or depression in the area.
it cost £150,000,000 which is way way WAY more than it really looks like it should've cost and the council went near bankrupt.
How does someone have this much power when no one has voted for her
Specifically, ffs you’re supposed to be professionals
Opinions on the market diverge; some claim overvaluation due to rapid gains, while others cite strong economic fundamentals justifying high valuations. Raises concern for my $600K equities going 8% up and 20% down. Should i hold on or sell off my positions and hold cash?.
In fact, markets have incorrectly priced in such a pivot six times over the last two years, according to Deutsche Bank, which sounded cautious about this seventh time. Still showing us why pointers from market experts are essential.
Agreed, After taking charge of my portfolio in early 2017, i stumbled into losses. Upon realizing that a change was necessary, I consulted a fiduciary advisor in 2020 and since then my $3.2m portfolio has gained 28% annually through restructuring and diversification using dividend equities, ETFs, mutual funds, and REITs.
great gains there! mind sharing details of your advisor please?
"Jessica Lee Horst" is the licensed advisor I use. Just research the name. You’d find necessary details to work with to set up an appointment
Thank you for sharing, I must say, Jessica appears to be quite knowledgeable.
Surprised Housing isn't on this list.
Local councils have already made massive cuts to keep themselves from bankruptcy. Mental health and learning disability support services has been slashed!
Massive cuts?? I was paying 87 per month last year now I’m paying 120
The council system needs to be reformed completely in this country. I mean is completely absurd the lack of accountability these councils have in the UK. Whereas when I lived in Canada you’d see the mayor or councillors in the paper or featured on the news all the time discussing issues or even facing the scrutiny face on. I mean it’s just ridiculous that these councils can be so mismanaged and we can’t even hold them accountable similarly to other countries
Op. Early Dawn get such a small section yet it's the most worrying part.
Honestly, Sunak's awful election campaign makes more and more sense with each passing day
0:03 "fun" fact: in New Zealand Sue Grey is a lawyer who has developed a reputation for representing antivac nutjobs in court
Imprint vs Brilliant...
Which should I subscribe to?
Looking after the UK right now, reminds me of inheriting a house which is falling apart.
Short Answer:
No money
No money
NO MONEY!!!!
Tax the Wealthy (those at £10million and above), we’ll see a change.
People need to come to terms with the fact that the UK economy has not grown in real terms since 2007 and we are slowly eroding away from a first world country. Look we can sit here and try and min-max the amount of money we have to our services so they can function correctly but the problem is that we have zero money. We are demanding the same quality of life as we once had, but no meaningful wealth generation is happening in this country. Our wages in real terms have basically been frozen for the past 15 years now and we’re asking for a level of service belonging to a first world country, but yet our GDP per capita is the same as a place as poor as Alabama. We need to come to the realization that our country is really slipping away from being first world and come to terms with bringing our economy back to life. It’s like the discourse around services dominates all political thought and we cant meaningfully tackle why the country has not grown economically since 2007 while our population has grown by several million. This was a problem well before Brexit and will remain far after until we actually incentivize the creation of wealth outside of just finance and services.
Will people being held in police cells be people who are yet to be found guilty and are awaiting trial, or just those wjo are awaiting charges after being found guilty?
Housing and immigration (esp Forced Entry & Settlement) is the biggest problem imo, and they are related.