#FollowTheMoney 🧵 10/n But note the title ⬆️ - what is going on here? Turns out quite a bit of of the program was about how “Zombie firms”were kept alive artificially for years by low interest rates; that it’s good if they die and others take over. Really struck and appalled by utter coldness, distance and dehumanisation by people who say this - as @PippiPunkstrumpf just said, they really think of others just as numbers (see also our “Understanding Growth” piece above 5/n).
#FollowTheMoney 🧵 11/n Another key area money flows away from are local councils and social services and, therefore, the young and, again, community. In Birmingham, whose council declared bankruptcy in 2023, provisions for children will be cut by £52m in 2024-25 and £63m in 2025-26; youth services by £2.3m; and eleven community centres are being sold off. As John Harris says:
The state is abandoning its people
#UKPolitics #Birmingham #Austerity
https://www.theguardian.com/commentisfree/2024/mar/17/birmingham-britain-state-cuts-austerity-local-services
#FollowTheMoney 🧵 11/n Another key area money flows away from are local councils and social services and, therefore, the young and, again, community. In Birmingham, whose council declared bankruptcy in 2023, provisions for children will be cut by £52m in 2024-25 and £63m in 2025-26; youth services by £2.3m; and eleven community centres are being sold off. As John Harris says: