I told the hard left that I earned £140K a year. They attacked me as being one of the few.
I told them that I was privately educated. They attacked me as being one of the few.
I told them that I spent my childhood in a seven bedroomed house. They attacked me as being one of the few.
I told them that my pension pot was worth considerably more than £1M. They attacked me as being one of the few.
I told them that my name was Jeremy Corbyn and the hard left said that they would vote for me.
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Hence one of the problems with Gov’t pensions is that if you retire early then you lose 5% or so for each year early you retire. My pensions are all money purchase schemes, so I can retire when I have enough cash in them to support my magpie lifestyle or take a lot (25%) out to go fuck some whores.
The major problem with the State pension is that it won’t keep you in anything other than abject poverty IMHO. I wouldn’t want to rely on it.
Private pensions/employer contribution schemes are the way to go, although most sold in the UK appear to be rather poor value/outright fraud. Thankfully my Australian pension is fully paid up for me to pull the pin at 55. The University scheme in the UK is not bad but is a backup for me…
More money in cash terms is going into schools, which is the Tory mantra. However, there are three other factors:
1 you need to account for inflation
2 there has been a big increase in numbers of children
3 the money has been redistributed, so many schools will lose amounts that cover several teachers
Indicates an 8% cut in real terms
Wow! I’m very far from being a Macro/Education/Labour economist but that is a massive cut. The effects will be felt for generations as it reflects disinvestment in the human capital of the nation.
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Don’t worry, defence spending is going up, so we can simply send our undereducated kids off to die in wars for things that rich people care about.
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Still trying to nail a rousing ‘Anthem’ for Stronzetto’s first rally on June 9th
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That’s a valuable Inputs spreadsheet. Presumably there’s a corresponding one somewhere for Requirements/Outputs ?
VB
I’ve got the link it came from, other than that I haven’t a clue what you’re on about 
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That’s OK, for us this is just a bit of knockabout. What’s scary is that I hear government spokespeople banging on all the time about how much they’re spending but never about whether it’s actually enough (or, I suppose, more than enough) to meet the evolving requirements.
VB
Don’t worry, defense inflation is going up at an even faster rate so it turns out to be a real term cut. It is happening in every department across government. Protected funding turns out to equal a freeze, a rise turns out to be less than inflation and efficiencies are in fact cuts.
I can’t imagine anyone is surprised by this.
One thing that has gone up is the amount of money spent on private sector provision of services and consultant support. We are not allowed to call them consultants these days as consultant spending has been reduced by over 80%, we now call them support partners. Guess how much their funding has gone up by, have a wild stab in the dark.
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Some beans?
bang on, approx 80% bean.
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That’s more than four beans, right?
It’s not lost to the economy though (provided you include the Liechtenstein economy).
VB
Maybe they’ll start calling immigrants, visitors?
That’ll sort the targets out 
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You need to come out of retirement, I see a career for you as a Home Office support partner:)
No one’s mentioned tax cuts for ‘wealth creators’ yet.