Gareth Hayward @Gareth66Hayward
Likes - Music...loud music, Footy - LUFC MOT ALAW 💛💙 Fitness, esp heavy weights, Animals, Food, and optimistic, positive people....oh, and smiles and laughter Doncaster Joined June 2013-
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A short thread explaining for the benefit of @RachelReevesMP how the UK govt creates and spends money, what happens to NICs in government accounts, and how the NHS and state pension are wholly affordable and there is never a funding crisis.
A short thread explaining for the benefit of @RachelReevesMP how the UK govt creates and spends money, what happens to NICs in government accounts, and how the NHS and state pension are wholly affordable and there is never a funding crisis.
The appalling state of this. NICs don’t fund anything. The state pension is not funded by NICs at all, it is and can always be paid out of operational expenditure, at whatever level govt decide. NICs are consumed in daily cash and debt management.
The appalling state of this. NICs don’t fund anything. The state pension is not funded by NICs at all, it is and can always be paid out of operational expenditure, at whatever level govt decide. NICs are consumed in daily cash and debt management.
“The money”, ie, government money, comes from the account of HM Exchequer, otherwise known as the Consolidated Fund account. It is the source of money in the UK. No taxes. No “borrowing”.
“The money”, ie, government money, comes from the account of HM Exchequer, otherwise known as the Consolidated Fund account. It is the source of money in the UK. No taxes. No “borrowing”.
I can’t take much more of this. The left need to get real and stop talking Thatcherite “taxpayer money” “balanced budget” bullshit.
I am raising money for the 29% of children living in poverty and I need your help. Here's why; A THREAD 🧵
He crashed his bike.. 😅
A very poor understanding from Cullen. It doesn’t redistribute “already existing” money Govt spending creates money. Taxes just destroy it. Government spending does not automatically mean inflation. The true purposes of taxation:
A very poor understanding from Cullen. It doesn’t redistribute “already existing” money Govt spending creates money. Taxes just destroy it. Government spending does not automatically mean inflation. The true purposes of taxation: https://t.co/FZsX9VpajV
It really is time that politicians took note of modern monetary theory taxresearch.org.uk/Blog/2024/04/2… Modern monetary theory is the only credible alternative economic theory challenging the neoliberal consensus right now. When that neoliberal consensus has so obviously failed, why…
He’s the King.. 😅
State cruelty... "Some disabled people would get hundreds of pounds a month less under these reforms than they would at the moment. The measures will not affect existing claimants, but they would impact those applying for the first time from next year..." bigissue.com/news/social-ju…
We can’t hope to achieve that kind of progress in the UK because we still think our currency issuing state needs to ‘balance the books’. It’s all very well immeasurably improving the lives of millions of people - but what if City financiers are out of pocket? 😱
We can’t hope to achieve that kind of progress in the UK because we still think our currency issuing state needs to ‘balance the books’. It’s all very well immeasurably improving the lives of millions of people - but what if City financiers are out of pocket? 😱
QPR 4-0 #LUFC: They have to win Whether against Southampton or in the play-offs, Daniel Farke now has to take his players to places where they've never been and won before. And this time, they have to win. Read here 👇 thesquareball.net/leeds-united/q…
Things that Dan Poulter was ok with: Brexit Partygate Illegally proroguing parliament Lying to the Quern Unlawful PPE contracts Austerity Dominic Raab Chris Williamson Dominic Cummings Mark Menzies William Wragg Owen Paterson Chris Pincher Scott Benton 1/2
Yep. I pointed this out in The Decade In Tory 3 years ago, and since then ABSOLUTELY NOTHING has been done to fix it. Governmental ineptitude to a criminal degree. 22 miles down unmonitored roads to a customs shed. A burgeoning opportunity for the smuggling industry.
Yep. I pointed this out in The Decade In Tory 3 years ago, and since then ABSOLUTELY NOTHING has been done to fix it. Governmental ineptitude to a criminal degree. 22 miles down unmonitored roads to a customs shed. A burgeoning opportunity for the smuggling industry.
Soul mates.. 😊
And none of it has done anything to provide a decent life for working class ppl ; instead, it’s made already wealthy ppl obscenely wealthy. And the majority who suffer believe the credit card crap. Pathological.
And none of it has done anything to provide a decent life for working class ppl ; instead, it’s made already wealthy ppl obscenely wealthy. And the majority who suffer believe the credit card crap. Pathological.
… and NOT ONE journalist ever asks: 1. Where did that money come from? Or 2. How are you ‘paying it back’ Or 3. Why can’t this magic money be used to create green jobs, ⬆️ pensions, build hospitals? Why is that, do you think? Ever wonder whether something doesn’t add up?
…money has run out and they can’t ‘borrow’ a single penny more. Yet… shareholders of public amenities earn £billions, PPE, test and trace, covid fraud, Rwanda and on and on and on - eye-watering amounts of money that could transform society - appear from nowhere…
🧵 At no point, notice, are our politicians ever asked a simple, bleeding obvious question: where does the money come from to pay for all this? We are told, every day, that when it comes to socially beneficial programmes - they face ‘tough decisions’. That our tax…
🧵 At no point, notice, are our politicians ever asked a simple, bleeding obvious question: where does the money come from to pay for all this? We are told, every day, that when it comes to socially beneficial programmes - they face ‘tough decisions’. That our tax…
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@charliechar @Btown_85 Which isn't to say there aren't some awful pundits who have come to the fore in recent years. Lawrenson just needs to realise he was always part of the problem.
@Michael_TSB @Btown_85 He’s a relic of an older tv age where you could be half arsed and no one would question you, but there’s higher standards today. I don’t know why he’s being given this oxygen.
@Btown_85 Always sounded like he absolutely resented being forced to watch football. Somehow turned random world cup games into his very own 18 hour shift down the pit. There's a reason McCoist is working and he's not.
But 60 odd year old white man Gary lineker continues to be the face of the BBC’s football. You were always a terrible pundit. Genuinely hope I avoid becoming a bitter old man
🗣️ "Gone woke? It's top of the woke league". Mark Lawrenson has doubled down on his comments about his BBC exit mirror.co.uk/sport/football…
Been waiting for years for this book from @elcaceres It’s a labour of love and a work of art. Quite literally. Dozens of players (Pelé, Di Stefano, Charlton, Zico, Weah, Platini, Beckenbaur…) draw the goal that meant the most to them. A fascinating and beautiful thing.
The board has been updated, to the correct numbers this time! Remember to donate to have your say on what challenge I do. 👉 givestar.io/gs/challenge-29
Money on the Left speaks with Pavlina Tcherneva, Professor of Economics at Bard College and leading scholar of–-and advocate for—Modern Monetary Theory. moneyontheleft.org/2024/04/01/eco…
Household economics bollocks Again And again And again And these people get air time to spout their drivel
We've had 5000 days of Tory Rule today 😳 I've done some maths 🔹Since May 2010, the NATIONAL DEBT HAS INCREASED, on average, by a staggering £380 MILLION A DAY - EVERY SINGLE DAY FOR #5000DAYS Which begs the question.... Where has all our money gone? I wouldn't trust the…
A short thread explaining for the benefit of @RachelReevesMP how the UK govt creates and spends money, what happens to NICs in government accounts, and how the NHS and state pension are wholly affordable and there is never a funding crisis.
1. The UK State Pension. How much is in the "pot"? How much can the govt afford to pay? Should we contribute more to private pensions so the government can "borrow" those funds to fund a green transition? A wee thread...🧵👇
The appalling state of this. NICs don’t fund anything. The state pension is not funded by NICs at all, it is and can always be paid out of operational expenditure, at whatever level govt decide. NICs are consumed in daily cash and debt management.
Your pension is at risk under the Conservatives. Rishi Sunak must come clean with the public about how he will pay for his £46 billion unfunded plan to abolish National Insurance. inews.co.uk/news/politics/…
The way the UK money system works is described here. I recommend @RachelReevesMP read this before tweeting any more nonsense about “fiscal discipline”. ucl.ac.uk/bartlett/publi…
“The money”, ie, government money, comes from the account of HM Exchequer, otherwise known as the Consolidated Fund account. It is the source of money in the UK. No taxes. No “borrowing”.
Fiscal discipline is at the heart of everything I offer - with me as Chancellor, you will always know where the money is going to come from.
𝐑𝐄𝐒𝐓𝐎𝐂𝐊 | @TheSquareBall: THE FIRST TWENTY YEARS A 300+ page compendium of the first two decades of the iconic #lufc fanzine from its first issue in 1989 #MOT @Michael_TSB @MoscowhiteTSB @DanMoylan @RobConlon25 🛒 stanchionbooks.com/products/the-s…
An excellent book if anyone wanted to see the very beginnings of @TheSquareBall & how the fanzine developed over 20 years. We’ve just about completed 15 seasons ourselves, since we took it over in 2009 - as a pure labour of love. And all because of Ken Bates. Thanks, Ken.
𝐑𝐄𝐒𝐓𝐎𝐂𝐊 | @TheSquareBall: THE FIRST TWENTY YEARS A 300+ page compendium of the first two decades of the iconic #lufc fanzine from its first issue in 1989 #MOT @Michael_TSB @MoscowhiteTSB @DanMoylan @RobConlon25 🛒 stanchionbooks.com/products/the-s…
I can’t take much more of this. The left need to get real and stop talking Thatcherite “taxpayer money” “balanced budget” bullshit.
Yes, neoliberals bleed us dry, kill civilians, threaten the disabled etc. But we won't get a durable socialist government unless we understand how they subjugate us by controlling MONEY! Not easy. Start here. plutobooks.com/9780745337326/… @battleforeurope @BillMitchell @billy_blog #MMT
🤩 "𝗦𝘁𝗿𝗮𝗰𝗵𝗮𝗻 𝗳𝗲𝗲𝗱𝘀 𝗚𝗮𝗿𝘆 𝗦𝗽𝗲𝗲𝗲𝗲𝗲𝗱!" #LUFC x #GoalOfTheDay
... (3/3) all still work out in our favour. Farke for me has done brilliantly. Yes, he's stubborn; yes, some things could have been better. Talk of his sacking if we don't go up though is wrong, and it seems 49ers remain right behind him too. teamtalk.com/leeds-united/d…
... (2/3) but it should not detract from a brilliant effort, and particularly an excellent start to 2024 by Leeds. Peaked too soon? Possibly! We're about to find out... Either way, get behind the lads, remember where we were in May and June and who knows, maybe it could....