Author Topic: Cost Of Living  (Read 36699 times)

trailer

  • Hero Member
  • *****
  • Posts: 4503
    • View Profile
Re: Cost Of Living
« Reply #585 on: November 17, 2022, 01:46:38 PM »
Economic growth?
Canít build the A5.
Canít build the Derry-Portadown rail line
Canít build the YSI
Canít build the Ďcircle lineí
Canít build Casement
Canít build houses
That is just NI, the looking across the UK
Canít build HS2
Canít build onshore wind farms
Canít build Hinkley Point C
Canít build off shore wind farms
Canít build gas storage facilities
Canít build houses

Completely agree. Whether in good times or bad. So it's all bullshit. And rising taxes is f**king ridiculous in a cost of living crisis. People will be even poorer yet poster on here were cheerleading this idea.



seafoid

  • Hero Member
  • *****
  • Posts: 28983
    • View Profile
Re: Cost Of Living
« Reply #586 on: November 17, 2022, 02:15:54 PM »
It was always going to be a combination of tax hikes and spending cuts. There is no other way to cut a deficit.
Oh yes there is. Economic growth

Which requires more spending and more debt?

Disclaimer. I'm not an economist so I'm half guessing here.
It would need investment and productivity growth, neither of which have a snowball's in the UK right now
Lookit

Franko

  • Hero Member
  • *****
  • Posts: 2870
    • View Profile
Re: Cost Of Living
« Reply #587 on: November 17, 2022, 05:18:04 PM »
Rejoice. Tax hikes. Great news for all you people who wanted them.

Some sage advice I once heard dished out.  Hopefully will help you deal with this turmoil.


"It'll be tough no doubt. But we've seen tough times before and we will see them again. Try not to get to worked up about it."

ďGot up this morning, kids still went to school. I went to work. Things much the same since last Thursday.Ē

"Turn the news off. You'll feel better. Honestly."

Armagh18

  • Hero Member
  • *****
  • Posts: 2775
    • View Profile
Re: Cost Of Living
« Reply #588 on: November 17, 2022, 05:32:24 PM »
Rejoice. Tax hikes. Great news for all you people who wanted them.

Some sage advice I once heard dished out.  Hopefully will help you deal with this turmoil.


"It'll be tough no doubt. But we've seen tough times before and we will see them again. Try not to get to worked up about it."

ďGot up this morning, kids still went to school. I went to work. Things much the same since last Thursday.Ē

"Turn the news off. You'll feel better. Honestly."
Poor trailer never gonna live that one down

manfromdelmonte

  • Hero Member
  • *****
  • Posts: 3153
    • View Profile
Re: Cost Of Living
« Reply #589 on: November 18, 2022, 12:56:34 PM »
We're only a year from the same approach down south imho

Too much spending, too much reliance on corporate tax take from a few companies

seafoid

  • Hero Member
  • *****
  • Posts: 28983
    • View Profile
Lookit

seafoid

  • Hero Member
  • *****
  • Posts: 28983
    • View Profile
Re: Cost Of Living
« Reply #591 on: November 19, 2022, 08:07:41 AM »
Unionism means loyalty to Brexit and loyalty to this :

https://www.cnbc.com/2022/11/18/brits-face-sharpest-fall-in-living-standards-on-record-as-government-tightens-its-belt.html

The OBRís weaker forecast for UK pay means that real wages are now not expected to return to their 2008 level until 2027. Had wages instead continued to grow at their pre-crisis rate during this unprecedented 19-year pay downturn, they would be £292 a week ó or £15,000 a year ó higher,Ē the Resolution Foundation report said.
Lookit

seafoid

  • Hero Member
  • *****
  • Posts: 28983
    • View Profile
Re: Cost Of Living
« Reply #592 on: November 21, 2022, 08:07:36 AM »
https://www.independent.ie/business/personal-finance/latest-news/most-households-will-struggle-to-pay-for-cut-back-christmas-as-inflation-knocks-3000-off-spending-power-42159399.html

RAMPANT inflation will knock as much as Ä3,000 from the average householdís spending power this year, making for a leaner Christmas , according to research from credit unions.
The Credit Union Consumer Sentiment Index, published today, shows that 61pc of people will have less money to splash out this festive season and just 5pc reckon they will have more.
This marks a substantial deterioration compared with last yearís results, according to economist Austin Hughes, who compiles the index.
It is even worse than in 2020, when Covid was affecting the income and outlays of many households.
While a third of consumers will raid their savings to help fund their Christmas spending, a fifth say they will either borrow or do not know how they will manage to find the cash to spend over the season.
Lookit

highorlow

  • Hero Member
  • *****
  • Posts: 2212
    • View Profile
Re: Cost Of Living
« Reply #593 on: November 22, 2022, 01:34:01 PM »
These providers of Elec and Gas are taking us all for a very big ride.....

Wholesale Gas prices back down now to lower levels than this time last year, when will the end users bills be reduced?

https://www.catalyst-commercial.co.uk/wholesale-gas-prices/

armaghniac

  • Hero Member
  • *****
  • Posts: 16487
    • View Profile
Re: Cost Of Living
« Reply #594 on: November 22, 2022, 01:54:10 PM »
These providers of Elec and Gas are taking us all for a very big ride.....

Wholesale Gas prices back down now to lower levels than this time last year, when will the end users bills be reduced?

https://www.catalyst-commercial.co.uk/wholesale-gas-prices/

There is a case that perhaps the increases have been over done, wholesale Irish electricity is cheaper than last October,  I expect this partly because of loads of wind this year.
https://www.rte.ie/news/business/2022/1122/1337592-cso-wholesale-prices/
If at first you don't succeed, then goto Plan B

Hereiam

  • Hero Member
  • *****
  • Posts: 1967
    • View Profile
Re: Cost Of Living
« Reply #595 on: November 23, 2022, 09:04:59 PM »
Can of Coke £1.30
500ml bottle of Coke £2.00

I know its not good for you but it was nice for now and again but that's the end of buying it anymore.

Milltown Row2

  • Hero Member
  • *****
  • Posts: 30662
  • Catch yourself on!
    • View Profile
Re: Cost Of Living
« Reply #596 on: November 23, 2022, 10:10:06 PM »
Can of Coke £1.30
500ml bottle of Coke £2.00

I know its not good for you but it was nice for now and again but that's the end of buying it anymore.

Iíve notice wine is very much the same, and beer for that matter.. must be cheaper to produce and ship  ::)
None of us are getting out of here alive, so please stop treating yourself like an after thought. Ea

toby47

  • Hero Member
  • *****
  • Posts: 1263
    • View Profile
Re: Cost Of Living
« Reply #597 on: November 23, 2022, 10:28:17 PM »
£3.50 for a half pint & £7 for a hot dog at Belfast Christmas market

Milltown Row2

  • Hero Member
  • *****
  • Posts: 30662
  • Catch yourself on!
    • View Profile
Re: Cost Of Living
« Reply #598 on: November 23, 2022, 10:33:52 PM »
£3.50 for a half pint & £7 for a hot dog at Belfast Christmas market

Sorry shoulda said at the Offyís
None of us are getting out of here alive, so please stop treating yourself like an after thought. Ea

toby47

  • Hero Member
  • *****
  • Posts: 1263
    • View Profile
Re: Cost Of Living
« Reply #599 on: November 23, 2022, 10:36:57 PM »
£3.50 for a half pint & £7 for a hot dog at Belfast Christmas market

Sorry shoulda said at the Offyís

10 tins of Guinness for £10 at the minute with the club card. Have 60 tins in the garage.