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S Andersson
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Comments by "S Andersson" (@sandersson2813) on "Cristo THROWS Guest Off Air | “Insufferable, Condescending, Pious Prig”" video.
@on2a He was dishonest. He tried to strawman and claim that increases in wages doesn't affect inflation because services like Health and Education don't cost at point of access. He diverted and pretended that private sales of goods and services don't exist.
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@Tapper1969 Increasing the public sector is hardly going to help things which is what this idiotic Labour government is wanting.
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@Tapper1969 The point implied was that public services aren't affected by inflation, or have no influence on it. That isn't true. Public services require goods and services (or don't you think so?), they are subject to inflation and in many cases are in direct competition for goods and services with the private sector. I didn't say public services cause inflation directly by existing, but they are affected by it, and they can help fuel it through demand pull inflation, especially when a country is experiencing zero growth.
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@Tapper1969 Inflation isn't irrelevant. If we keep our investment in Public services static, and inflation increases then the level of provision we get from public services reduces. Spending more on the NHS for example means we are buying more goods and services from the PRIVATE sector such as hospital equipment, medicines etc. This causes prices to go upwards and you're spending power reduces, you are therefore getting LESS for your money and this the NHS can supply less of a service. I didn't say spend less on the NHS, I said that public services consume private goods and services by default which is a cause of inflation, especially in times of low growth such as now as more money is chasing fewer goods. No one even mentioned bloody immigrants did they?
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@Tapper1969 Demand pull inflation, more demand chasing the same amount of goods pushes prices up. The NHS budget is used to procure goods and services from the private sector. We need to reform the NHS anyway, not just give it more money.
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@GMN360 You realise that the NHS isn't just financed from NI right? 20% of what you pay in tax pays for UK health.
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@on2a He implied that was all that was involved in inflation. He implied that public service pay increases doesn't affect inflation. Public sector spending does impact inflation anyway. Anything that the public sector buys, such as food, supplies, products such as computers, stationary, furnishing etc all contribute to inflation.
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@thepoliticalhousethatjackbuilt No one is claiming otherwise, but the cost of sending a child to school does not remain the same over time. It is linked to inflation. If prices go up, the cost of sending a child to school (to the tax payer) also increase because public services like schools consume private goods and services which are always going up in price. Public sector pay rises are inflationary because you have more money chasing the same amount of goods.
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@thepoliticalhousethatjackbuilt I'm explaining a nuance. Public services consume private goods and services, they're not immune from inflation and it is the tax payer that bears the burden of inflation on the public sector, furthermore public workers pay rises are also spent on private goods and services. Public services certainly are not free. They might be free at the point of delivery, but they aren't free, they still need paid for and they are still affected by inflation. Furthermore public sector pay rises naturally contribute to inflation as all pay rises do when combined with zero or minimal growth. You do know there are many reason for inflation right? You are explaining how inflation is measured, you are not explaining what contributes to these changes.
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@Tapper1969 That's what I said. In a period of zero growth as Labour are overseeing, more money and more demand chasing the same amount of goods means price rises. I'm not contradicting myself at all. I want a better NHS, the way to do that is to reform the NHS, make it more efficient, not just throw more money into a poorly run, public service black hole which has no incentive to be efficient. Do you not agree in reforming a system which performs poorly?
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Guy doesn't understand demand pull inflation. More money in an economy means more money chasing the same amount of goods.
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