Adam Taylor

@JP46251093 @ColeFusionHQ 20% of 10,000 is 2,000 5% of 300,000 is 15,000 The multiple being lower matters.

@ColeFusionHQ The multiple may have been lower but the Interest rate was higher x.com/kevinhollinrak…

your grandparents bought a house at 3.5x salary and graduated debt-free. you graduate £50k in debt into a housing market at 7.5x salary. they did not cheat. somebody changed the system. nobody has been held to account.

@nig1952 @ColeFusionHQ 30 years ago, the average age of an MP was 50+. The oldest millenials were just turning 18. So why are they at fault? 20 years ago, the average age was still 50+, so people born in the 50s or earlier. Even 5 years ago, the average age was over 50. Yet you blame millenials...

@ColeFusionHQ Try the Gen X, Gen Y and Millenials politicians who have made a bollox of this country over the last 30 years.

@Janetsm10441997 @TomWright165389 @ColeFusionHQ Right, so where are young people supposed to start working now? Send 'em down t' mines and in t' mills? What mines? What mills? When I joined the army, we had a typing pool in my first unit. They don't exist either. The starter jobs/jobs for life stopped existing 35+ years ago.

@TomWright165389 @ColeFusionHQ Yes a lot of people in my town went to local factories and mines. Totally different world back then so really impossible to compare to today.

@Janetsm10441997 @ColeFusionHQ @English_Jew A 30 year old in 1999 would have been born in 1969 not the 80s. The stat is by the age of 30. Not 18 year olds.

@ColeFusionHQ @English_Jew Your grandparents would be 75-80 now. Born 40’s They would have hit working age in the 60’s and 30 by the seventies. The majority of the 39% in 1999 would have been born 81/82 (Blair push for kids to go uni) and in forties now so unlikely to be grandparents of an adult .

@boomer_ish @ColeFusionHQ Low interest plus high price is still greater than high interest plus low price. 20% of 10000 is 2000 5% of 300000 is 15000 I know which is preferable.

@ColeFusionHQ Do go and look at interest rates in the 70’s to 90’s before commenting on affordability.

@TeagueRoger @JenniferLa98066 No, minium wage is NOT a living wage at all. The difference is what the two things are expected to cover. State pension? You can still get housing benefit for instance Minimum wage at 17? No housing benefit for you State pension is just one of the benefits a pensioner can receive

@JenniferLa98066 I think you've missed my point. One is described as a living wage, the basic necessary in the modern world for a 17yr to live - a living wage. The other is regarded as an unsustainable benefit which by implication is presented as being too much despite being significantly lower

From 1st April, the national minimum wage for a 17-year-old is £15,600pa. The new State Pension is £12,547.60. I'm told one is sustainable the other isn't. Make it make sense....

@exRAF_Al As a young boomer, you're around the same age as my parents. In the mid-90s, my parents were saying about buying houses when I'm older and how great it would be. What they didn't know is that we would never be able to afford to buy because suddenly the market wasn't the same.

It never occurred to me that the generation before me (I am a young boomer) was supported by my taxes. I was constantly broke, but I never complained about their right to have their promised retirement. I simply worked harder to improve my lot. Why don’t Millennials and Gen Z?

@WilliamofKent @exRAF_Al More of them because of the boom, AND also less pensioners because so many would be pensioners were killed in the war. Boomers didn't have a major war, thankfully, that thinned their numbers.

@exRAF_Al It's in the word 'boomer' There was a baby boom. That meant there were lots of young supporting the old. The demographic chart is very different now.

@kerstingfamily @louderry @LBC But it was the American banks that caused it. There were 6 American banks, 1 German, 1 French and 1 offshore Cypriot bank that all failed before Northern Rock did. And it was American Sub-Prime mortgages that made NR seek support from BoE which is what spooked customers.

@sapperadam @louderry @LBC Northern Rock was the first major bank worldwide to fail. The Tories might have backed it but they didn't implement it, that was the Labour Party. Osborne dismantled the FSA and gave the responsibility to the BofE, something Brown should have done.

Ex army general on @lbc, asked if UK is ready for war. 'We haven't been since Cameron cut the defence budget by a 1/3 in 2010, people still don't understand what austerity actually mean't'.

@kerstingfamily @louderry @LBC You mean rhe deregulation that the Conservatives wholeheartedly supported? And remember, it was AMERICAN banks that failed first.

@sapperadam @louderry @LBC Gordon Brown, deregulation, deregulation, deregulation... The mistake that costs the country to this day...

@nqa1972 @louderry @LBC Obviously no matter what I say, you're going to disagree. You can lead a horse to water but you can't force it to drink, so I'll leave that there.

@sapperadam @louderry @LBC Krugman is a Brown fanboy... All Brown did was get to the phone earlier than everyone else, he didn't discover some miracle approach but what was a pretty standard reaction to the circumstances...

@nqa1972 @louderry @LBC No, he didn't just credit himself. Or do you know better than Nobel Prize winning economists? Nobel winner Paul Krugman: How Gordon saved the world | This is Money share.google/aIbeh5CDgiCea5…

@sapperadam @louderry @LBC He was credited by himself; every other country basically was doing the same thing, but few came into the crisis with such a large deficit to start with. A terrible, terrible Chancellor and a poor PM

@GreatStrides65 @louderry @LucyGoBag @LBC The OVERALL budget by 8%. Except some parts of that budget are protected and can't be cut. Such as the SSBN programme. So the parts that did get cut? They were cut by a third.

@louderry @LucyGoBag @LBC Except Cameron and Osborne only cut the defence budget by 8%

@RightToBeMad @fimantronia @louderry @LBC So Labour started the Afghanistan war? They didn't answer Article 5 of the NATO Agreement then, they just went in to Afghanistan and everyone else followed? And Iraq, while mistakes were made, the decision to go with the US was made by Parliament, including the Conservatives!

@fimantronia @louderry @LBC Sorry has dementia taken you're memory?? What two wars did Labour help start that lasted longer than two world wars combined and the end result was the same people taking back power If you can't fucking remember that you need to see someone

@RightToBeMad @fimantronia @louderry @LBC He was killed because he didn't have ENHANCED body armour, not no body armour. I was serving at the time, & the enhancement was just a single plate. The body armour we had later was so much better though, and the Tories wouldn't have funded it.

@fimantronia @louderry @LBC Would you like to see the front page news of the time when a British soldier was killed because he didn't get issued body armour?? I'm hostile because you make out like I'm fucking lying...like Labour aren't capable...like they are Gods They are liars theguardian.com/uk/2006/dec/19…

@nqa1972 @louderry @LBC Brown was credited by every other country in the world for saving the world economy because of a GLOBAL crisis that had nothing to do with Blair and Brown. How do people not understand this?

@louderry @LBC I agree few people realise how disastrous Brown and Blair were... they left us fiscally defenceless despite having the best economic inheritance of any government since the war.

@tiredobserver1 @louderry @LBC There was a nearly 10% cut in overall budget but some things couldn't be cut, like the SSBN programme - that lost money. So 10% overall, represented a third to the departments that WERE cut.

@louderry @LBC It wasn’t cut by a third. So what happened after they restored it to previous levels? Nothing?

@kerstingfamily @louderry @LBC Why? Gordon Brown didn't cut the budget. Gordon Brown had no plans to cut the budget. Gordon Brown wouldn't have brought austerity in.

@louderry @LBC Ask Gordon Brown why so much had to be cut from budgets...

@MAGAWorld4896 @DouglasCarswell Pensions are useless are they? I'll remind pensioners of that then.

@DouglasCarswell It’s simple , the UK spent too much on their usless welfare. If they cut off the welfare for the illegals , they would have the money to fund their military.

🇬🇧UK Military Spend ████████████████████ $82B 🇺🇸US Marine Corp Military Spend █████████████ $57B So, how much bang for that buck? UK vs USMC - Front-Line Deployable Personnel UK: ~20-30k USMC: ~172k Tanks UK: ~20-60 USMC: 0 Ships UK: ~10-15 USMC: 14-18 Navy amphibs Aircraft UK: 400-500 USMC: ~1,100 Why does UK defence spending buy so little?