Thursday 28 September 2017

Trump has little qualification to run a country



 
 
Apart from being a bull shitter Trump has little qualification to run a country.

2/3rds of his business ventures have been failures and if he didn’t start with access to a massive fortune and his father’s business contacts he would have failed big time years and years ago. Any normal person would have been out on the street as soon as they defaulted on a bank.

Transpose his business failures to that of his decisions as president and that would mean we can expect 2/3rds of decisions to be bad. Pretty much what we are seeing now, evidence is proof.
Main qualifications ...Bankruptcies (his own companies), defaults, deceptions, indifference to investors (take that as the voting public now)

He is also pretty good at self-deception, and plain old deception. Trump is willing to claim success even when it is not there. Again we have seen evidence of this which is difficult to refute.

With that amount of arrogance, propensity to failure and willingness to open his gob without thinking, Trump is a danger to the whole world.

LINKS

Sunday 17 September 2017

What do you call a pay rise that isnt




Lets spell this out simply ...

Since 2010 inflation has averaged 2.7%, according to the Bank of England.

So anyone who hasn't had a pay rise for 7 years has basically had a pay reduction.

7 years x 2.7% = 18.9%

Anyone who hasn't had a pay rise for 7 years has in effect had a pay cut of 18.9% on average.


Whilst any pay increase is not to be sniffed at its hardly a flag waving event when people are still on a pay cut.  Even if people achieve a pay increase of 4% they will still be sitting on a pay decrease of 14.9% over 7 years.

A proper pay rise would be 19% because even tho the actual rise is only 0.1% it would actually be a rise.

I'm not even sure what you can call a pay rise that isn't a rise.





















LINKS
http://www.bankofengland.co.uk/education/Pages/resources/inflationtools/calculator/default.aspx