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The economy, getting things in perspective...

by reiverman @ 24/07/2008 - 20:30:47

Isn’t it about time we put the current economic problems into a bit of perspective ?
Look around the cities and towns of the North East and there has been major developments and unprecedented growth.
Most people these days have one or two cars, live in centrally heated, doubled glazed houses with satellite or cable TV - with a television in every room - along with computers and many people have regular holidays abroad.
Not so long anyone who had access to all that would be considered pretty well off. Now these things are considered commonplace.
Now if some people can only have one foreign holiday every six months or isn’t able to have a new car each year they imagine they are in someway deprived.
And this is when the whingers really come out from under their stones.
And the easiest target for all this whinging is the Labour government, especially for the pro-Tory elements of the national media which has undue influence for so many people in the UK.
Lets get real, not so long ago most people in this region worked in poorly paid jobs, had one telly and were lucky if they travelled abroad once or twice in their entire lives.
The current economic slowdown is a product of the capitalist system which will always have peaks and troughs, and is not the fault of the current Labour government.
We should be counting our blessings that we were born British that we live in a country which is both rich and served by an established and stable democratic system.
And a country in which the NHS will save your life without checking to see if you have enough money in the bank to make sure you can afford to pay for medical treatment first.
A country which has courageous and professional armed forces which puts itself at the service of Britain and does not think the country should be at the service of the armed forces.
I am sure the citizens of Zimbabwe would swap places in a heartbeat, they know what it is really is like to live in a country with genuine poverty ,rampant inflation and widespread lawlessness.


 
 

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dave [Visitor]

2008-08-03 @ 06:03

Reiverman:
I agree with that comment: I left Newcastle and the UK in '83 to come and live in Canberra, Australia. Back then there was a noticeable gap in standards of living - that made my decision to come here relatively easy. I got married [the reason I came] and we had a couple of kids by late 1986. Partly out of necessity caused by how the city is built we acquired two cars before our kids were both 10. In a place like this where distances routinely travelled are generally much greater than what I was used in the UK, you can't avoid the practicalities of having 2 cars.
A 2-car 4-person family is regarded as the norm. We racked up plenty of kilometres as we worked, took the kids to school, sports etc - nothing special just very different to what I'd left and far and away a higher living standard than which both my parents experienced growing up.
OK, scroll forward to 2006 - my first visit back to Newcastle in over 25 years. I'm absolutely stunned at the obvious high levels of disposable income. The numbers of cars/household have at least doubled - that was easy to work out when trying to find a parking spot anywhere and specifically in places like Jesmond visiting the rels. 49 quid to watch NUFC play - what?! It was a fiver when I lived here. The cost of living as well has obviously spiralled but the general standard of living doesn't seem to have changed in relation. Within the limits of the family & friends circle, it is still lower than what I have here at home in Oz but maybe it's just personal priorities.
There is obviously a lot of moolah in circulation in the UK and how much you can directly attribute to the sitting government is debatable - despite what the pollies will say. Global forces influence much more than they used to.
And of course I hate to have to admit that what that bitch Thatcher did to the north-east and other 'working class' places in the UK in the name of economic rationalism and Reaganomics would have helped benefit the current well-off population!
HTL
dave

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