UK Parliamentary General Election 8th June 2017

Started by mongers, April 19, 2017, 08:44:06 PM

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Richard Hakluyt

There are various ways of not paying. Earning a low wage is one. Buggering off to Australia another  :lol:

Admiral Yi

Quote from: Richard Hakluyt on June 30, 2017, 05:07:12 PM
There are various ways of not paying. Earning a low wage is one. Buggering off to Australia another  :lol:

I thought you guys had one of those X % of income repayment deals.  Surely a low wage earner making payments doesn't count as a default?

Tamas

So, as a first sign of Britain's glorious new future of standing alone in the world, China has declared their agreement with the Brits of leaving Hong Kong politics alone for 50 years "ancient history" that holds no meaning. Oh boy :D

Richard Hakluyt

Quote from: Admiral Yi on June 30, 2017, 05:13:24 PM
Quote from: Richard Hakluyt on June 30, 2017, 05:07:12 PM
There are various ways of not paying. Earning a low wage is one. Buggering off to Australia another  :lol:

I thought you guys had one of those X % of income repayment deals.  Surely a low wage earner making payments doesn't count as a default?

The repayments are not very punitive and the loan is written off after 25 years. So it is not defaulting as such.

For example on an income of £30k you would repay only £810, on £40k it would be £1710. meanwhile the a interest on £30k would be something like £1,800 (all figures per annum). There are plenty of jobs where you don't get more than £40k unless you get on the management track; looking at the figures it would seem that to really pay back the loan one needs to be earning c £50k or more.

Josquius

Quote from: garbon on June 30, 2017, 01:57:08 PM
WTF? The impact of social policies are irrelevant to the issue? :huh:

Talking about tuition fees is talking about how to paint the fence.
Talking about completely restructuring the university system is talking about building a new fence.
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Solmyr

Quote from: Richard Hakluyt on June 30, 2017, 06:32:43 AM
The advantage of the loans system, for people from poor backgrounds, is that it pushes the costs into the future; having to find the money upfront is precisely the most difficult financial challenge for the poor.

Actually, getting a loan when you are poor and don't know when or how you will scrape by is a pretty big hurdle.

garbon

Quote from: Solmyr on July 01, 2017, 03:43:17 AM
Quote from: Richard Hakluyt on June 30, 2017, 06:32:43 AM
The advantage of the loans system, for people from poor backgrounds, is that it pushes the costs into the future; having to find the money upfront is precisely the most difficult financial challenge for the poor.

Actually, getting a loan when you are poor and don't know when or how you will scrape by is a pretty big hurdle.


But the UK system of education loans isn't just a standard loan setup.
"I've never been quite sure what the point of a eunuch is, if truth be told. It seems to me they're only men with the useful bits cut off."
I drank because I wanted to drown my sorrows, but now the damned things have learned to swim.

dps

Quote from: Tyr on June 30, 2017, 01:10:15 PM
QuoteI think if there is one common thing you can say about the different socialist spending policies and their supporters is that they seldom think past the first act which is them receiving extra money. It is understandable, but still counterproductive.
What. The. Fuck?
That's completely the opposite of socialist policies. That far more describes liberal policies.

When it comes to economics, the left, whether liberal or socialist, is all about voting yourself money out of the public treasury, money which of course ultimately comes from private sources.  The difference is that liberals just want to get that money through taxes, while socialists want to get it by just nationalizing stuff.

Josquius

Quote from: dps on July 01, 2017, 12:18:59 PM
Quote from: Tyr on June 30, 2017, 01:10:15 PM
QuoteI think if there is one common thing you can say about the different socialist spending policies and their supporters is that they seldom think past the first act which is them receiving extra money. It is understandable, but still counterproductive.
What. The. Fuck?
That's completely the opposite of socialist policies. That far more describes liberal policies.

When it comes to economics, the left, whether liberal or socialist, is all about voting yourself money out of the public treasury, money which of course ultimately comes from private sources.  The difference is that liberals just want to get that money through taxes, while socialists want to get it by just nationalizing stuff.

Liberals are the right.
If the only reason people vote socialist is so they personally can get free stuff then how come so many well off people vote left? How come so many poor people who would benefit from the policies vote right?
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grumbler

Quote from: dps on July 01, 2017, 12:18:59 PM
When it comes to economics, the left, whether liberal or socialist, is all about voting yourself money out of the public treasury, money which of course ultimately comes from private sources.  The difference is that liberals just want to get that money through taxes, while socialists want to get it by just nationalizing stuff.

And the right, whether liberal or fascist, is all about voting yourself money by intercepting money on its way to the public treasury though creation of government tax and business policies that only the rich can exploit.
The future is all around us, waiting, in moments of transition, to be born in moments of revelation. No one knows the shape of that future or where it will take us. We know only that it is always born in pain.   -G'Kar

Bayraktar!

Tamas

Quote from: Tyr on July 02, 2017, 01:08:47 AM
Quote from: dps on July 01, 2017, 12:18:59 PM
Quote from: Tyr on June 30, 2017, 01:10:15 PM
QuoteI think if there is one common thing you can say about the different socialist spending policies and their supporters is that they seldom think past the first act which is them receiving extra money. It is understandable, but still counterproductive.
What. The. Fuck?
That's completely the opposite of socialist policies. That far more describes liberal policies.

When it comes to economics, the left, whether liberal or socialist, is all about voting yourself money out of the public treasury, money which of course ultimately comes from private sources.  The difference is that liberals just want to get that money through taxes, while socialists want to get it by just nationalizing stuff.

Liberals are the right.
If the only reason people vote socialist is so they personally can get free stuff then how come so many well off people vote left? How come so many poor people who would benefit from the policies vote right?

Why is the right calling its political enemies "liberals" then?

Let's face it: the liberal idea of letting people do what they desire as long as they don't prevent each other in that pursuit, is not laying well with either the left or the right.

Admiral Yi

Quote from: Tamas on July 02, 2017, 04:24:53 PM
Why is the right calling its political enemies "liberals" then?

It's just a different usage in the US and Europe.

Tamas

The Guardian claims Boris Johnson's newfound concern about the public sector pay cap is part of his intrigues to be crowned PM. Hard to see it any other way for sure.

It's incredible how willing everyone seems to be to stir up more chaos

garbon

Quote from: Tamas on July 03, 2017, 03:45:36 AM
The Guardian claims Boris Johnson's newfound concern about the public sector pay cap is part of his intrigues to be crowned PM. Hard to see it any other way for sure.

It's incredible how willing everyone seems to be to stir up more chaos

I know, I was like Tory infighting again?

Of course, it is obvious why the Conservatives didn't vote in favour of the Labour amendment last week (despite feigned confusion from the twitter accounts of Tim Farron and Corbyn), they don't want Labour getting credit for anything.
"I've never been quite sure what the point of a eunuch is, if truth be told. It seems to me they're only men with the useful bits cut off."
I drank because I wanted to drown my sorrows, but now the damned things have learned to swim.