New data shows fall in bus passenger use by 7.5 per cent over the past five years, while fares are up 18 per cent over the same period of time
Changing prices seems to change demand.
First of all, we know that pricing does not change demand perfectly.
Amazing how beliefs can trump evidence.
There’s also this loveliness:
If emissions are to be tackled then the bus issue has to be tackled. There have to be more of them, more often, on better routes, at lower cost, with subsidy provided if required to transform local transport with the result that the last mile problem can be solved. That’s what the Green New Deal would look like. It may not be big, bold or that costly. It may not deliver massive political reward. But it would create real change. And that’s what matters.
Now recast your emissions numbers on average passenger usage, not capacity. Running lots of empty buses will reduce emissions now, will it?
Tax-conscious investors could save 30pc on their bill if they transfer their old Isas into a venture capital trust (VCT) before the April 5 deadline.
Listed on the London Stock Exchange, VCTs are investment companies that provide generous tax breaks in return for investing in risky smaller companies.
They offer 30pc tax breaks on any cash invested up to £200,000 in new shares issues by these companies and typically invest in smaller or unlisted companies.
As such they are typically more risky than other investments, although these stocks are also more likely to grow quickly.
That last is nonsense of course. However.
Consider Ritchie’s mantra. Pensions savings don’t go into new investment, they just buy second hand stocks. This doesn’t build the new infrastructure the future needs. Therefore there should be no tax relief. Tax relief should only go to new investment in real stuff.
So, here’s tax relief purely for investment in new stuff.
The test? This is unconscionable tax avoidance or exactly what Ritchie is arguing for?
There’s a possible legal dodginess in the payoff to the shag – when and why and election funds.
But other than that, what’s actually illegal here?
Obviously, geographical separation is what – OK one of the things – that leads to speciation. The oceans are a lot less geographically separated than the land masses. So, we get rather wider distribution of sea species than we do land ones.
Sorta, at least.
I can imagine that a barrier in the sea is the Equator. Not so much currents and stuff but heat. Down deep even that doesn’t matter of course. But I could imagine at least that we get N Hemisphere fishies and S Hemisphere ones.
At which point, how true is this?
Take, say, cod. I know there’s a Pacific cod as well as an Atlantic one. And they’re both up in northern waters as they don’t like it hot. But, and here’s the thing, do we have closely related species which are S hemisphere? Or other, cognate species? Or something entirely different occupying the niche? Or does the niche not exist?
No particular reason, just a question that crossed the synapses.
There is little reason to add more: what we have is increasing income inequality by design in the UK.
That is what none (sic, nine) years of Tory government has delivered.
And yes, we do need to be angry. Because dividing society by choice in this way is a crime against humanity.
Doesn’t he know this stuff? Inequality is lower than it was in 2010.
Brexit: Germany promises ‘better pay, weather and food’ to tempt NHS nurses to leave UK
Better food? Srisly?
Yeah, yeah, I know the jokes but really, British food has come on in recent decades….
A total of 183 passengers were stranded for more than 36 hours after their train got stuck in a remote and snowy part of Oregon and food supplies ran out.
The Amtrak train set out from Seattle for Los Angeles on Sunday night but got blocked by fallen trees.
Bad weather also cut power to the nearest town, Oakridge, so the passengers were forced to stay on the train for their own safety.
So much so that they should spend trillions to build a truly national network for high speed trains…..
It’s unbelievable but apparently true: America’s intensifying wealth inequality has created a class of hyper-rich men who act like cartoon villains. Bored of their soft and pampered lives, they literally turn to torturing women for fun.
That may sound like an exaggeration, but it’s not.
Amanduh does tell us it’s not an exaggeration…..
The killer father who murdered his wife and three sons then hanged himself was today exposed as a cross dresser who watched pornography on a school laptop.
Just can’t trust the trannies at all, can we?
It’s an interesting illustration of the depths of true depravity there, that it was a school laptop used to watch porn on.
But we know this is not true. At almost every level this logic fails. First of all, we know that pricing does not change demand perfectly. Alcohol and tobacco prove it. So too does existing carbon pricing on oil: it has not stopped demand. In other words, this comment fails to take such factors (elasticities as economists call them) into account. So theory and practice do not prove this point. They prove the exact opposite, if anything. It is only regulation that will change demand for carbon: pricing will not, and most certainly cannot on its own.
Prices won’t change demand, eh? Blimey.
As to this:
No one believes that trickle down does or will work. And no one believes that those who promote carbon tax really believe in redistribution of the proceeds.
The standard proposal is that payroll taxes be decreased by the amount the carbon tax raises. Quite why this isn’t progressive is yet to be detailed.
If Greece can embrace the EU, why can’t we?
Seems a reasonable enough explanation to me. Different places, with different people in them, who have different desires.
We might also go for the cheap shot, we pay in, they collect out.
And second, I suspect that immigration will soon be superseded by other issues — such as the impact of artificial intelligence on middle-class livelihoods; rising levels of poverty;
If AI’s doing all the grunt work cheaper and better then how can we be having more poverty?
‘You’re fired!’ America has already terminated Trump
The Mueller report looms but the president is doomed anyway – no one who screws the people so blatantly can win re-election
Can’t say I’m entirely convinced here.
Not that I’m a great prognosticator. I only thought he might actually win a couple of hours before the count was announced. But I certainly think it’s possible that he will win in 2020. Writing him off certainly sounds rather more wishful thinking than anything else at this point.
If your cat is overweight or suffering from behavioural problems it might be worth looking in the mirror to find the reason.
New research carried out by Nottingham Trent University and the University of Lincoln has found a link between the personalities of cat owners and the behaviour and wellbeing of their pets.
The findings suggest that, just as a parent’s personality can affect the personality of a child, the same is true for a cat and their owner.
My personality affecting your is one thing. My behaviour affecting your behaviour another.
Say I kick the cat every time I enter the room. It’s only a pussy as dumb as Anna Soubry who’s going to sit quietly as I enter the room, isn’t it?
But that I’m a miser doesn’t mean that cat’s going to start storing mice heads.
When England cannot provide there is no case for a Union
Whether Northern Ireland or Scotland realise this first is open to debate: it may be one or other by no more than a length in my opinion. Wales may be a few more lengths behind, but it will come in, albeit third. Whatever the ordering the reason for leaving the Union will be the same. The economic justification, which has always overcome the political and social reasons for separation, will have gone. And on that basis division if the Union becomes inevitable.
Can’t fault the argument myself. If England stops paying for everything then why should the Celts stick around as leeches? What would be the point?
The Nobel prize-winning economist Paul Krugman has predicted that there will be a recession in America by the time Donald Trump comes up for re-election at the end of next year.
There will be one, sure. And Donald hasn’t aided matters by the tax cutting stimulus at the top of the cycle. But there’s 18 months to go and we’d need 6 months of negative growth to be in recession – unlikely to say the least.
Possible, sure. But I tend to think that’s Krugman the columnist talking there, not Krugman the economist.