Jedisco's Posts
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Goke7:Thanks for shedding more light on this. As we've seen with the UK, when most citizens talk about migration, it's largely embedded with ignorance. |
lavida001:Na that replacement theory dey tire them. We are just living our lives. No one is looking to replicate the replacement of indigenous folks as was the case in Australia e.t.c. The story of man is that of migration. Change is also inevitable. Fertility rates and economic productivity are dropping. Yet folks want increasingly more freebies (undersandable) without taxing the very rich. Wish them luck in solving this trilema. I can only hope Africa begins to flourish just like China did so that most of our resources taken as dearth cheap prices to fund western opulence can have value added to them and be priced correctly. |
missjekyll:Hehe.. I can picture Baba Farouk... able-bodied carpenter arriving Heathrow with his hammer to help build great British homes
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lavida001:It's builders that'd build and there's private capital to support this. The main issue is curtailing NIMBYs and freeing up regulation Builders would build so far as they can sell for a good profit (i.e not drop prices). Most builders are sitting on land and not willing to proceed as they're either delaying planning or don't want to cause an oversupply. For the right market, builders would easily find the money to build- private equity, sales e.t.c. After the interest rate hike, many developers curtailed new buildings to the numbers of buyers they had. |
On a final note, it's quite funny how quickly things went full circle. Elon wants numbers increased, Vivek wants wider national quotas eliminated. Its clear where this is headed and MAGAs knowing their capitalists well are having none of it. They said is they want to increase it to 0.1 % of 'top talent'. What percentage is it now- 0.001? Same Twitter/X and co that have laid off thousands of 'top-talent' workers I also gather some of that 'top engineering talent' worked on Trumps properties - perhaps as an 'tech receptionist' The good thing is North America favours family migration and also have citizenship by birth. Can't wait for top 0.1% of engineers, farmers, carers and even hookup staff to arrive. I wish Elon well in this fight
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Goke7:Hehe.. Where were MAGAs when he spent billions to buy Twitter and gave Trump a platform after he had been culled from other major media platforms? President Musk is now threatening to excommunicate the hardcore MAGAs from the republican party. I wish him luck in his war
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Goodenoch:I wish Kemi well- her own supporters are still enduring a B-Jo induced post-Brexit PTSD. She would do well to be guarded in her statements as British politics is much more unforgiving. For Vivek, its quite sad how his support base who hailed him for 'speaking the truth' are now debasing him. Unlike Elon who is threatening war, he can't even take it up to them. He's rather deleting posts. Elon has already started curtailing some on Twitter. They should migrate to Truth Social. You penultimate paragraph is the reason why we need to stop caring about somethings folks think about us. Nobody wants us here. We're here because we're needed. Its also the reason why I'm unapologetic about legal migration- each should do as they see fit. |
missjekyll:Hehe... Trump has got what he wanted. MAGAs are still in processing mode. I just hope he doesn't do a Boris Johnson/Rishi on MAGAs cos they may not have a Reform to run too President-elect Trump told The Post Saturday he supports immigration visas for highly skilled workers, appearing to side with Elon Musk in the roiling intra-MAGA debate on the issue. “I’ve always liked the visas, I have always been in favor of the visas. That’s why we have them,” Trump said by phone, referring to the H-1B program, which permits companies to hire foreign workers in specialty occupations. “I have many H-1B visas on my properties. I’ve been a believer in H-1B. I have used it many times. |
Is Starmer running out of ideas or simply seeking varied views? Time would tell. In addition to regulators (which can manytimes stifle rapid growth), his government needs to send similar letters to independent think-thanks and businesses who are drivers of this growth. Already home builders are telling him what they need to deliver his 1.5m homes. Imagine the impact of 1.5m new homes in 5 yrs. All the salaries paid to build, council taxes an land, levies on construction, company tax, and most importantly the housing and wealth thatd be generated for would-be occupiers. We know how the last conservative government engineered growth starting from liberalising certain regulations and selling post-graduate education internationally. Kier is still enjoying some of the dividends of such moves but he needs to work harder.
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Goodenoch:This is where critical mass becomes important. They now chorus he's Indian and America is for European migrants. Just typing his name in the search bar brings up alot of abuse. I wonder how many here actually think Vivek was saying the inconvenient truth. Hope Kemi is learning- for the inevitable day she's forced to say the 'truth' |
Goke7:Hehe.. With human nature, sometimes its good to wander in the wilderness. Though Democrats could have gone about their activities better, there's not very much they'd have done to convince folks not to try and 'find out' Brexit continues to be a good example.
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Another banger! Starmer should listen to those who'd build his 1.5m houses - they need more workers ![]() It's easy to compare and contrast migration policy across the west and also guestimate where one nation could be headed by looking at others. Canada aimed to build several million homes by 2030 and had to open a special draw for tradesmen. Is UK looking to follow suit? https://archive.is/1YFCj https://archive.is/ERUud
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Goke7:As Trump just has a single tenure- all supporting factions know there's no time to waste. True- Trump was able to galvanise support across board. However, its the strong financial backers that would determine most decisions. They may simply see the rest as numbers only useful as workers or in an election. With time, all this would morph more into a class war. With owners of capital subtly favouring migration and workers against it. |
Oops! Green card to those who graduate from U.S colleges from day 1? Fingers crossed. Did Trump actually say this? Why are MAGAs complaining then? The statement from their oga was clear. This is not good news for the U.K. if the U.S starts a PSW-esque pathway or something better (bearing in mind they still have citizenship by birth), that would be a big blow to UKs education market. All said we need more competition in the post-graduate education market. Western nations should come forward with their A-game.
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Goke7:Capitalism is brutal as human greed is predictable. What's Elon/Vivek asking for- an expansion/reform of the H1B visa or do they just want it to remain in its current form and not be scrapped? Elon and tech companies would ask for top engineering talent, farmers for top farming talent, hospitals for top medical talent, haulage companies for top driver talent... etc.. hehehe.. MAGAs know how e dey start and arent buying it. Conservstism tends to promote a free market economy. In decades past they were able to do this without relying on migration as native population and productivity was still growing. There was also lots of low-hanging anti-migrant policies that have mostly since been adopted. Let's watch and see. Wouldn't be surprised Canada has their own Boris Johnson moment with a new conservative leadership next year. |
lavida001:Vivex is still upcoming but Musk carries clout. He typifies the American dream. He oversees a string of successful businesses, bought and converted a whole Twitter to a right wing media, he's extremely wealthy and is still pushing to frontiers of science. I'm not his fan but its clear why alot of young people like him. Chap was literally given folks $1m to galvanise support for Trump. Imagine giving folks £500k - £1m to support NF Take this falout for example though Vivek is a natural born U.S citizen and Elon a south African immigrant, however most of the abuse (sometimes racist) has been focused on Vivek. |
Cyberknight:Finally. Trump is a business man so should be measured in his approach. Already farmers have started lobbying to exempt illegal farm workers from deportations. Who'd have thought Elon would threaten war to keep the migrant visa pathway open? MAGAs were not expecting this. Why I keep saying just like Brexit, Farage might be a blessing in disguise afterall. I've looked at Reforms policies and it's quite clear they'd be undone by any attempt to implement their promised freebies. Their low hanging fruut might be extending time to ILR, further increasing fees and blaming migrants.
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Musk carry the matter for head.... even to the last drop of his blood..hehe As Tech bros are looking to protect a pathway for those they'd employ, so also everyday companies including farms go dey reason a way to lobby for those without papers.
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Who is witnessing the fistcuffs between the MAGA and DOGE crew? MAGAs can't believe that so soon after an election, pillars of Trumps win are advocating for migration. Of couse, na small small e dey start. I love capitalism https://x.com/VivekGRamaswamy/status/1872312139945234507?t=qNvpzVFele9NMm3CLhrT8A&s=19 P.S. MAGA = traditional Trump supporters i.e far right DOGE = Department of Government efficiency led by Vivek + Musk i.e Tech Bros
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Talking about businesses... encountered this a while back and found it helpful. https://www.reddit.com/r/UKPersonalFinance/s/ZEXLQXT9ts Although not investments, two other advantages worth adding 1. The electric car scheme- nice one as the full cost of the car could be expensible before paying corporation tax. Also need to factor benefit in kind which is a token for electric cars. Of course this may change with time but does demonstrate certain benefits which are usually topical 2. Entrepreneurs relief/Business Asset disposal relief - on closing a business, a nominal tax can be paid |
zichien:I'd have liked to see him continue and give more detail as it seemed he was up to something. 300k go good for my body. Though it crossed my mind, I'd have been disappointed if he ended up selling a course. I'm all for business ownership but appreciate the hurdles most of us face. Most on PSW or those working in care wouldn't be in a position to pitch ideas to venture firms. Even at that, most businesses/start-up by default would fail and would do so within their first 5 yrs. Building wealth as a immigrant community does take time except if such immigrants arrived as colonisers. Hence the basics of a strong economic footing still largely hold true- good education for kids, getting on the property ladder early, building ones career + venturing out, taking advantage of tax-sheltered wrappers e.g pensions e.t.c. Some small businesses pick up with the right numbers e.g restaurant chains, Afroshops e.t.c Not against folks aiming large- its very important. I hope to see a top-100 global company founded and largely owned by Nigerians. But we should appreciate everyones contribution and denigrating hardworking folks because they don't live in a top-20 city (whatever that means), have '£300k to take risk' or '£1m to escape poverty' which is downright myopic. |
motymop:You're mostly wrong. I know as I am a doctor. Most doctors coming from abroad would be fully licensed and would start on a fulltime salary higher than that. The NHS rightly has a banded pay for reasons of equity. Doctors coming straight from anywhere would be paid same rate as anyone doing the job. The main things that matter are role and years of experience. In some instances, years of foreign experience might also be taken into cognisance to put them on a higher scale than a local graduate doing thesame job (but without same experience) Most agencies do not offer sponsorships and as such a doctor working adhoc via agencies needs to have a fulltime role except they've been in the country long enough to have a settled status. Also, agency or locums pay much higher than full-time salaried role. There are a few unscrupulous agencies but these are few and far between. Also, there are some bottlenecks international graduates might face in the system but they are not of the type you describe. |
Ashirioluwa:Yeah. It's decent and above the median but that person would not class a high earner by virtually any metric. At the very least, a high-earner would have some income in the higher rate tax band |
RayRay06677:Yes I am oo and happy for it though I'm on the receving end this time as I'm handling a project back home. The good thing is that most rates have almost merged It's mainly just the first hurdle. The government needs to bring down inflation quickly. At 33%, a sum of naira loses half of its value in 2yrs plus. When directly exchanging with other economies who have a much lower inflation rate, it's only a matter of time before the naira loses further value except our economy is growing at an alarming rate (which its not). The government should aim to bring inflation below 12% by the end of their current tenure. |
Congrats @Kunleop and @Pretypacy 2 yrs was quick. Good news to end the year. |
Cyberknight:The main pay the govt has direct power over is the NMW and public service pay. We've seen how the public sector pay disputes have gone. At 100% debt to gdp- the fund for any further rise has to come from somewhere. Private sector employees (some of who have seen the NMW slowly catch up to their pay) are not willing to pay higher taxes so the civil sevice can be paid more. Also, lower and higher rate payers are not ready to forgo the relatively generous tax free allowance to achieve that. It's been hammered that the tax burden is already at historical high - further increases have to be measured. How many people are willing to give up their tax free allowance so a consultants base pay could be increased to 200k? Any 'radical' change has to be gradual and sustained not to upset market forces. The UK minimum wage is higher than that of Germany and theres not much difference between groceries. Also with nominal prices, one has to consider vat, competition e.t.c. The main driver of the economy is also another factor with the UK being largely service driven where costs can filter through quickly. |
The simple question is what the deductions were on. Cos even if this was in the highest tax treshold for someone earning super bucks (which this person is not close to), the deductions would still be much lower. The payslip owner who is earning £21/hr is not a high earner. That person should cumulatively pay circa 20% of income in tax (both income and national insurance) |
Merry Christmas and happy holidays my people- here's to higher highs in the new year |
Cyberknight:Singapore-on-Thames hehe. Stuff they like to tell themselves. With the way PMs are ditched, its difficult for a PM to make needed unpopular decisions and stick to them until the benefits come thru. UK can't tolerate a leader in the mold of Lee Kuan Yew today. I agree- they're trying to be as capitalist as the U.S while still being as socialist as the Europe. The 'afford' here is hardly the decision - which frankly is easy. It mainly dealing with whatever the aftermath is while sticking with the initial decision longterm. Take the NHS for example- when Singapore set up theirs, they made specific decisions to avoid potential flaws of the U.K styled NHS (which wasn't that obvious then)- there is a co-pay/insurance component and while the basics are equalised, the level of care one gets might be dependent on how much is being paid. Result is that they spend about 6% of their gdp on healthcare as against the UK which spends almost 12%. How many Brits would tolerate the Singapore style?. 'Free' items are prone to misuse. Weve seen this even with supermarket carrier bags. We've not even considered higher taxes. Also, increasing taxes simply to increase pay would boomerang except costs of everyday items are kept low which again is the difficult part. If minimum wage overnight became £20, the cost of groceries would easily double. To me, the easiest of all difficult decisions is getting the rising number if folks (esp young ones) who are NEET (not in employment, education or training) to sustainable levels. Its those same people that would be needed to fill the skill gaps. But we see how the government has dilly-dallied with this given the usual British talk without making firm macroeconomic decisions. |
directonpc:Hehe... yes, it would, and given the current political climate, the government is unlikely to make significant changes until either the heat settles, labour shortages hit hard, or they start chasing growth. These things come in ebbs and flows, and, as with most things, it's important to be decisive when a legal opportunity arises. We've seen the peak; we should soon see the lows. |
Merry Christmas and happy holidays to everyone here. Hoping for a more vibrant new year |
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