Skip to main content

Brownian Motion

So, Gordon Brown has decided that money spent filling in potholes is a Capital payment.

Similarly the subsidy to rail travel is also a capital payment.

What it really means is that he has actually given up on his "Golden Rule". He is fiddling so many of the figures that he is now falling back on the debt as proportion of GDP calculation.

None of these statistical changes make any difference to the real world. What they mean is that Gordon Brown is to be as trusted as Tony Blair. (ie not trusted).

I don't have a proper source of information for these figures, but I believe that the roads figure is £2.7bn pa and the rail subsidy is £6bn (don't know over how many years).

I am still more concerned about Labour fiddling the elections than I am concerned about Labour fiddling the books.

Comments

Post a Comment

Popular posts from this blog

Why are babies born young?

Why are babies born young? This sounds like an odd question. People would say "of course babies are born young". However, this goes to the core of the question of human (or animal) development. Why is it that as time passes people develop initially through puberty and then for women through menopause and more generally getting diseases such as sarcopenia, osteoporosis, diabetes and cancer, but most of the time babies start showing no signs of this. Lots of research into this has happened over the years and now I think it is clear why this is. It raises some interesting questions. Biological youth is about how well a cell functions. Cells that are old in a biological sense don't work that well. One of the ways in which cells stop working is they fail to produce the full range of proteins. Generally the proteins that are produced from longer genes stop being produced. The reason for this relates to how the Genes work (the Genome). Because the genome is not gettin
1 comment
Read more