Wednesday, 30 November 2022

Office of Government Statistics (OGS) is a more accurate name than ONS

 The Office of National Statistics (ONS) should be renamed 'office of government statistics' (OGS). They report statistics as the government provides them and by parameters set by the government. This often does not reflect objective reality and can give a more favourable position than is really the case.

Take employment. According to the OGS, there's more or less full employment and a huge number of jobs!
If a person works an hour a week, possibly even less, they are classed as employed. Zero hours jobs where hours are scant are classed as jobs. This is how the government through the OGS claim full employment and millions of jobs.
Similar misleading statistics apply to inflation. The OGS claim inflation in October was 9.6%. This is simplistic and misleading. Inflation isn't even over the range of goods and services measured. The 9.6% is an arithmetical average and this doesn't reflect reality.
Inflation for staples like food is at around 20% whereas inflation for wine is negative.
The lower a person or family's income the more will be spent on products and services that are going up in price faster.
Conversely, the higher the income the less is spent on high inflation goods.
The vast majority of people in Britain today are low paid workers.
Low paid people like me and possibly you are the engines of the economy. We need cash in our pockets to spend on 'consumer goods' for the economy to grow.
There's a Tufton Street led #Tory experiment in 18th century free market economics, so there'll be nothing from them. And this is why ministers won't get involved in public sector disputes.
#Starmer the Labour leader has single handedly moved #Labour to be a Torylite mirror, so there's nothing from them.
To my mind, the question is, which economy will collapse first...
China or Britain?
Because they are both on the edge!



Wednesday, 16 November 2022

Sunak is the head boy, not the headmaster.

 Sunak is the head boy, not the headmaster.

In the current Conservative government, the headmaster's role is a job share between agencies based at 55 Tufton Street and the Insititute for Economic Affairs in particular.
'Starve the beast' the current government's economic policy isn't particularly secret but not many know the plan. The Labour leadership don't know it. Some Conservative MPs don't know and 'one nation Conservatives' keep their heads down and mouths shut. Just as MPs on the left of the Labour party are learning to do. Hardly any members of the Conservative party know. Influential journalists in the know touch on it but daren't say too much, as with Brexit. Gary Gibbons hinted at it when he interviewed Prime Minister, head boy, Sunak.
The foreign funded Tufton Street think tanks have been incubating this plan since the 1950s and multiple crises mean the time is right to strike. Part of the plan is to start the implementation under the cloak of a crisis. The opposition is so out of touch they don't even know it's happening. The opposition doesn't realise the choice of who wins the next election is the choice of the Conservatives, not the electors not you or me.
The Conservatives are experts at political marketing this is why they are the most successful political party in the world.
The Tory ministers who will implement the plan firmly believe in it. Like the plan itself, they've been incubated by Tufton Street and now they've hatched like economic triffids.
(Tories started as Irish bandits the Torries and have metamorphed into English economic saboteurs)
They'll be so convincing that Labour will follow the plan.
Tufton Street may have infiltrated the Labour party.
The damage will be immeasurable and it starts tomorrow.
The plan is called
'starving the beast'
The beast is the public sector and the Conservatives will starve it almost to death with savage deep, almost fatal, wounding public sector spending cuts.
If they can finish the job in two years they'll hand the mess to Labour to get the blame. But there'll be no way back.
Who can stop it? No one can. Prime Minister head boy Sunak might try because he doesn't agree with it (he's a decent enough Wykehamist). He may try and build a personal power base to slow it down or even stop it. But Tufton Street put him in the job and surrounded him with Tufton Street triffids. Powerful, behind the scenes forces, could rally behind the Prime Minister and drive Tufton Street out.
May be an image of text that says "Libraries Libraries-aswar arm.hubs will your library still be open after the Tory cuts slice into you the beast and levelling down Britain since 1689"

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Office of Government Statistics (OGS) is a more accurate name than ONS

  The Office of National Statistics (ONS) should be renamed 'office of government statistics' (OGS). They report statistics as the g...