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Post by on Aug 12, 2024 6:49:44 GMT
Yes we have 32 degrees forecast here. I had an early morning cruise back to the country estate where I will be amply shaded by the lovely copper beech tree for the afternoon. Which is handy as anything over about 27 is a bit warm.
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Post by Deleted on Aug 12, 2024 6:55:09 GMT
Yes we have 32 degrees forecast here. I had an early morning cruise back to the country estate where I will be amply shaded by the lovely copper beech tree for the afternoon. Which is handy as anything over about 27 is a bit warm. I miss the Thames, miss the Avon from the last few weeks as well. Maybe time to consider a location change. Perhaps a boat change as well. Then again, it may well be that we have only been on the rivers in the summer months.
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Post by Telemachus on Aug 12, 2024 7:00:47 GMT
The measure is taken against the inflation at the time the award is made. It couldn't possibly, reasonably, be taken against anything else. That's for a single year pay review, not a multi-year one. If pay settlements were lower than inflation in previous years it doesn't prevent a future one, in excess of inflation, being inflation busting. That’s just your opinion. Do try to avoid making it seem like fact, it just makes you sound arrogant. Other people have different opinions.
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Post by Clinton Cool on Aug 12, 2024 7:22:31 GMT
I'm saying it's uncertain. However, I'm saying that the announcements made so far are inflationary but many other factors are in play. It's not a case of being slippery. This is a complex matter. Obviously it’s complex. Way beyond the likes of you and me I know. We can all make guesses but that’s all it can be, guesses. I was merely pointing out that over the last 40 years or so that Labour/Tory rule tends towards very similar inflation rates.. We'd need to look at the respective global conditions at times of high inflation during Tory and Labour governments before concluding that both parties are equal in terms of the implementation of inflationary policy. For example: The latest round, a couple of years back, was partly caused by excessive Tory spending during covid. Evidenced by the fact that public savings were far higher after the ending of lockdown than they were prior to it. War in Ukraine was a global factor as was the decision by many/ most western democracies to run a decade or more of inflationary monetary policy. A decade of constant stimulation of economies by way of artificially low interest rates and the creation of an excess of new money. We can see that this inflation was partly but not totally globally influenced by the fact that less developed economies, those who did not run reckless monetary policy had inflation running at around half of what it was in the developed western democracies. On the other hand if we look at 'the winter of discontent' under Labour: Here, inflation was more or less limited to Britain. Other developed countries did not experience similar inflation. This took place during times when globalism was less developed than it is now. More of Britain's goods were made at home, at that time. The excessive public pay awards made by the government spread from the public sector to the private sector. Powerful unions and a weak government, one sympathetic (subservient?) to the unions combined to create rampant inflation with very little outside help. So as we can see, it's not helpful to consult history, access simple facts and figures then make a sweeping statement. Better to consider the inflationary/ deflationary effects of any policy suggested/ enacted by any particular government. Bearing in mind that the fallout of such policy will very likely be moderated by global factors or other factors which are outside the government's control.
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Post by Jim on Aug 12, 2024 7:27:32 GMT
This came over on Saturday! On it's way to Blackpool.
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Post by dogless on Aug 12, 2024 7:31:35 GMT
Gloriously glorious sunshine ☀️
Forecast thirty degrees today, so we're going to jump on a bus this morning to Towcester whilst it's cooler.
Hope everyone finds their preferred level of shade/sun.
Rog
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Post by Clinton Cool on Aug 12, 2024 7:37:34 GMT
The measure is taken against the inflation at the time the award is made. It couldn't possibly, reasonably, be taken against anything else. That's for a single year pay review, not a multi-year one. If pay settlements were lower than inflation in previous years it doesn't prevent a future one, in excess of inflation, being inflation busting. That’s just your opinion. Do try to avoid making it seem like fact, it just makes you sound arrogant. Other people have different opinions. There would have been pay negotiations in previous years. Pay increases below the rate of inflation were implemented. For whatever reason. I don't deny that pay awards which don't match inflation over a longer period of time cause angst amongst workers. That workers may use this fact as a reasonable bargaining tool for a higher pay rise. Nevertheless, any pay rise given at any point in time which exceeds the rate of inflation at that particular time, in common parlance, is often referred to as inflation busting. Given you mention politics, here's a link a couple of Guardian articles using it in exactly this way. www.theguardian.com/business/2023/dec/12/uk-pay-rises-inflation-bank-of-england-interest-rates-cuts www.theguardian.com/politics/2024/mar/15/rishi-sunak-inflation-busting-pay-rise-mp
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Post by Deleted on Aug 12, 2024 7:40:52 GMT
Obviously it’s complex. Way beyond the likes of you and me I know. We can all make guesses but that’s all it can be, guesses. I was merely pointing out that over the last 40 years or so that Labour/Tory rule tends towards very similar inflation rates.. We'd need to look at the respective global conditions at times of high inflation during Tory and Labour governments before concluding that both parties are equal in terms of the implementation of inflationary policy. For example: The latest round, a couple of years back, was partly caused by excessive Tory spending during covid. Evidenced by the fact that public savings were far higher after the ending of lockdown than they were prior to it. War in Ukraine was a global factor as was the decision by many/ most western democracies to run a decade or more of inflationary monetary policy. A decade of constant stimulation of economies by way of artificially low interest rates and the creation of an excess of new money. We can see that this inflation was partly but not totally globally influenced by the fact that less developed economies, those who did not run reckless monetary policy had inflation running at around half of what it was in the developed western democracies. On the other hand if we look at 'the winter of discontent' under Labour: Here, inflation was more or less limited to Britain. Other developed countries did not experience similar inflation. This took place during times when globalism was less developed than it is now. More of Britain's goods were made at home, at that time. The excessive public pay awards made by the government spread from the public sector to the private sector. Powerful unions and a weak government, one sympathetic (subservient?) to the unions combined to create rampant inflation with very little outside help. So as we can see, it's not helpful to consult history, access simple facts and figures then make a sweeping statement. Better to consider the inflationary/ deflationary effects of any policy suggested/ enacted by any particular government. Bearing in mind that the fallout of such policy will very likely be moderated by global factors or other factors which are outside the government's control. As I said earlier. Very slippery. I know in your head that you are a leading expert on economics, but in reality you preach only to half a dozen of us here on a boating forum. You’re not as smart as you think you are. Answering questions with long answers doesn’t disguise this.
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Post by Mr Stabby on Aug 12, 2024 7:43:15 GMT
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Post by Deleted on Aug 12, 2024 7:43:20 GMT
Gloriously glorious sunshine ☀️ Forecast thirty degrees today, so we're going to jump on a bus this morning to Towcester whilst it's cooler. Hope everyone finds their preferred level of shade/sun. Rog Cooler in a Towcester? We are moored in a spot that will be shaded from around lunchtime. Both feeling brighter. Just very tired. Doesn’t bode well for Hatton 😊
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Post by Deleted on Aug 12, 2024 7:44:03 GMT
This came over on Saturday! On it's way to Blackpool. About time they sorted Blackpool.
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Post by Deleted on Aug 12, 2024 7:45:57 GMT
We are home for that weekend. Might pop over and say hello. I like Brinklow.
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Post by Mr Stabby on Aug 12, 2024 7:50:17 GMT
It's doing a flypast at the Brinklow Festival on the 25th. We are home for that weekend. Might pop over and say hello. I like Brinklow. This was the flaypast in 2022, only doing a single pass this time I think but still impressive.
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Post by Clinton Cool on Aug 12, 2024 7:50:53 GMT
We'd need to look at the respective global conditions at times of high inflation during Tory and Labour governments before concluding that both parties are equal in terms of the implementation of inflationary policy. For example: The latest round, a couple of years back, was partly caused by excessive Tory spending during covid. Evidenced by the fact that public savings were far higher after the ending of lockdown than they were prior to it. War in Ukraine was a global factor as was the decision by many/ most western democracies to run a decade or more of inflationary monetary policy. A decade of constant stimulation of economies by way of artificially low interest rates and the creation of an excess of new money. We can see that this inflation was partly but not totally globally influenced by the fact that less developed economies, those who did not run reckless monetary policy had inflation running at around half of what it was in the developed western democracies. On the other hand if we look at 'the winter of discontent' under Labour: Here, inflation was more or less limited to Britain. Other developed countries did not experience similar inflation. This took place during times when globalism was less developed than it is now. More of Britain's goods were made at home, at that time. The excessive public pay awards made by the government spread from the public sector to the private sector. Powerful unions and a weak government, one sympathetic (subservient?) to the unions combined to create rampant inflation with very little outside help. So as we can see, it's not helpful to consult history, access simple facts and figures then make a sweeping statement. Better to consider the inflationary/ deflationary effects of any policy suggested/ enacted by any particular government. Bearing in mind that the fallout of such policy will very likely be moderated by global factors or other factors which are outside the government's control. As I said earlier. Very slippery. I know in your head that you are a leading expert on economics, but in reality you preach only to half a dozen of us here on a boating forum. You’re not as smart as you think you are. Answering questions with long answers doesn’t disguise this. Inflation is a complex area. You'd be slippery to when discussing it, if you had a degree within the field of economics. If you really wanted to get into it your replies would be much longer than mine. Now, do you have anything useful to add to the discussion?
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Post by dogless on Aug 12, 2024 7:52:56 GMT
Hatton's a doddle (if you're fit and well of course) and the locks are generally in good working condition.
There's several good mooring spots on the way down towards the bottom, so you don't HAVE to complete them in one bash.
Cape of Good Hope is a great pub at the bottom too.
Hope you're both 100% when you decide to crack on 👍🏻
Rog
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