That wasn’t really the argument. The point was that the swing voter will attribute their financial issues to those phenomena. Deano has been hit particularly hard by all of them for precisely the same reason that he will blame them for his troubles. He is a short term thinker without the perspective or knowledge to form a wider view like yours.
UnHerd Reader
4 months ago
“Probably not the main point, but why on earth do they live in a shit Deano Barratt estate newbuild?” wrote one journalist after photos emerged of Nicola Sturgeon’s Glasgow home being raided by police last week.
This is a snapshot of the Deano phenomenon. To the kind of urban middle class tote bag types, Deano is the archetypal pauper simpleton from their home town. They don’t appreciate that actually on a national scale, Deano is quite wealthy and there’s another layer below of utter poverty where they can’t even get an entry level German car on finance.
Great write-up. Deano is the new Mondeo Man.
Tyler Durden
4 months ago
Just as Britons thought that financial realities couldn’t get any worse after the 3 pandemic years, along comes 2023. Politically, this could be the most important article written this year. For such reasons, the negative vote against the Tories will be sizeable next year but the interesting case will be the US where equivalent economic forces are punishing the humbler middle classes – many, crucially, not college graduates – despite all the liberal media’s babble about Biden’s green Keynesianism.
This is the potentially sizeable anti-Democrat vote, yet that party is clearly expected to win begging the question of whether their Establishment can find the constitutional means of barring Mr Trump from running.
From todays news it looks as if they are trying very hard, I don’t know if they will succeed.
Douglas Redmayne
4 months ago
“Deano” is also under 50 and even in 2019 the under 50’s voted Labour by a large margin. The Tory party is the party of selfish fossils and will be annihilated at the next election.
Duh? The reason the Tories don’t propose a wealth tax is that they know that, if they do, they won’t get the yuppie vote. New New Labour is just the same
These are “selfish” yuppies voting for more redistribution and better CO2 reduction policies unlike the selfish boomer fossils who are happily dying off
The most impressive thing about the metropolitan class is its ability to convince itself that its motives are altruistic when in fact they’re driven by greed, snobbery and class hatred. How about paying back some of the millions in unearned property wealth you’ve all been accumulating? No? Thought not.
Your house value going up is unearned income of which the government should take a slice? It’s my only home, I took a risk buying it, spent thousands of hours and pounds maintaining it, have made high mortgage payments for 15 years (40% of two professional incomes for a Victorian slum house in South East London). Careful – greed, snobbery and class hatred have inverse versions.
‘Your house value going up is unearned income of which the government should take a slice?’
Where do you think that wealth came from in the first place? Since 2008 GDP per capita in the UK has fallen by more than 10%. But you and everyone you know, probably, has got richer in every one of the years since. That’s because the government printed 43 billion pounds and, instead of spending it where it was actually needed, gave it to the banks, who then passed it onto you by investing it in the property market.
It’s called rent-seeking – living off the state. You get away with it because no politician dares – or even wants – to put a stop to it. It’s much too effective a way of buying middle class votes.
If you want money do something useful and earn it. Stop enriching yourself at someone else’s expense.
“Stop enriching yourself at someone else’s expense.”
I have no choice though do I Hugh? Unless you are suggesting I sacrifice my security by renting at ever increasing prices? Moreover, I would be far happier if house prices had just kept line with inflation – I’d have a much nicer house. Even if, on paper, my net worth was lower, I still need that house to live in – if that’s ok with you, Hugh?
Finally, house prices rose hugely, and more or less consistently before the money printing period (1980s, 90s). Finally, finally, buying a house – to live in – and finding it going up in price, for whatever reason is most certainly not rent-seeking.
Today I found out that Mostbet has its own mobile app and it’s great. It is very high quality and has no problems. And thanks to their post how to download on mobile phone, I did everything very quickly. The interface is nice and simple, so everyone can find what they need. I highly recommend you to try it and see for yourself.
I get frustrated when all today’s financial’ issues are down to Covid, Ukraine and Liz Truss.
Nothing to do with living beyond our real means for the last fifteen years on cheap credit?
That wasn’t really the argument. The point was that the swing voter will attribute their financial issues to those phenomena. Deano has been hit particularly hard by all of them for precisely the same reason that he will blame them for his troubles. He is a short term thinker without the perspective or knowledge to form a wider view like yours.
This is a snapshot of the Deano phenomenon. To the kind of urban middle class tote bag types, Deano is the archetypal pauper simpleton from their home town. They don’t appreciate that actually on a national scale, Deano is quite wealthy and there’s another layer below of utter poverty where they can’t even get an entry level German car on finance.
Great write-up. Deano is the new Mondeo Man.
Just as Britons thought that financial realities couldn’t get any worse after the 3 pandemic years, along comes 2023. Politically, this could be the most important article written this year. For such reasons, the negative vote against the Tories will be sizeable next year but the interesting case will be the US where equivalent economic forces are punishing the humbler middle classes – many, crucially, not college graduates – despite all the liberal media’s babble about Biden’s green Keynesianism.
This is the potentially sizeable anti-Democrat vote, yet that party is clearly expected to win begging the question of whether their Establishment can find the constitutional means of barring Mr Trump from running.
From todays news it looks as if they are trying very hard, I don’t know if they will succeed.
“Deano” is also under 50 and even in 2019 the under 50’s voted Labour by a large margin. The Tory party is the party of selfish fossils and will be annihilated at the next election.
Only because Labour has now become the party of selfish yuppies.
Damn yuppies and their selfish desire to pay more taxes to fund public services…
… whilst hanging on to the millions in unearned property wealth they’ve accumulated over the past twenty years.
If the tories proposed a wealth tax they might get the yuppie vote. Problem is they’d lose all their other voters
Duh? The reason the Tories don’t propose a wealth tax is that they know that, if they do, they won’t get the yuppie vote. New New Labour is just the same
These are “selfish” yuppies voting for more redistribution and better CO2 reduction policies unlike the selfish boomer fossils who are happily dying off
The most impressive thing about the metropolitan class is its ability to convince itself that its motives are altruistic when in fact they’re driven by greed, snobbery and class hatred. How about paying back some of the millions in unearned property wealth you’ve all been accumulating? No? Thought not.
He needs it to cover care home costs
Your house value going up is unearned income of which the government should take a slice? It’s my only home, I took a risk buying it, spent thousands of hours and pounds maintaining it, have made high mortgage payments for 15 years (40% of two professional incomes for a Victorian slum house in South East London). Careful – greed, snobbery and class hatred have inverse versions.
‘Your house value going up is unearned income of which the government should take a slice?’
Where do you think that wealth came from in the first place? Since 2008 GDP per capita in the UK has fallen by more than 10%. But you and everyone you know, probably, has got richer in every one of the years since. That’s because the government printed 43 billion pounds and, instead of spending it where it was actually needed, gave it to the banks, who then passed it onto you by investing it in the property market.
It’s called rent-seeking – living off the state. You get away with it because no politician dares – or even wants – to put a stop to it. It’s much too effective a way of buying middle class votes.
If you want money do something useful and earn it. Stop enriching yourself at someone else’s expense.
“Stop enriching yourself at someone else’s expense.”
I have no choice though do I Hugh? Unless you are suggesting I sacrifice my security by renting at ever increasing prices? Moreover, I would be far happier if house prices had just kept line with inflation – I’d have a much nicer house. Even if, on paper, my net worth was lower, I still need that house to live in – if that’s ok with you, Hugh?
Finally, house prices rose hugely, and more or less consistently before the money printing period (1980s, 90s). Finally, finally, buying a house – to live in – and finding it going up in price, for whatever reason is most certainly not rent-seeking.
The “selfish boomer fossils” have seen this all before. They fell for it the first time. They won’t do it again. You might do well to listen.
Today I found out that Mostbet has its own mobile app and it’s great. It is very high quality and has no problems. And thanks to their post how to download on mobile phone, I did everything very quickly. The interface is nice and simple, so everyone can find what they need. I highly recommend you to try it and see for yourself.