UK Benefits – Sunak Says Computer Says No

In an interview with Bloomberg TV last week Saint Rishi Sunak, the now not-so-shining UK Chancellor (Minister of Finance), said that he couldn’t increase welfare spending to help with the inflation-fuelled cost-of-living crisis because the ancient computer systems won’t let him. A couple of points here: Who’s been in charge of these systems for the …

What To Do With The Free Money

Dear Rishi, Long time no hear, how are you? And the wife and kids? I have a question. I read this morning that our friends in the International Monetary Fund, the world’s overdraft bank, have created $650 billion in SDRs (you remember special drawing rights, that made-up currency they use that works as real money). …

Deal of a Lifetime

The IMF reckons the world could “end the pandemic” in mid-2022 by spending $50 billion on vaccines. Doing so would be worth $9 trillion to the world economy – a hundred and eighty times as much (not to mention the millions of lives saved). That’s an amazing return, probably the best investment that it’s ever …

BreYesxit 2 – Where Can My Vote Do The Least Damage?

If I said to you…There was a large group that was successful because of its scale and diversity, but a small part wanted to leave it because of imagined discrimination…might I be talking about Little England Tories and the EU, or the SNP and the UK? Can’t tell them apart really. The Part has done …

Budget Bits

Saint Rishi’s budget mostly seemed sensible enough. A Hindu’s very Augustinian approach: “Grant us tax to pay this monstrous debt, but not yet”. There’ll be quibbles: taking away the paltry £20 surplus to our stingy dole at precisely when unemployment is expected to be worst is mean, but probably stupid rather than pernicious. His numbers …