A major problem is the regulatory environment for these kinds of facilities. Weirdly, we managed to bring up 3 kids with only 2 staff who were on duty 24 hours a day (and I slunk off to work for near… (View Post)
This is care homes for old people for the new generation. We need to use similar tactics to what squeezed the profits out of that sector: fixed rates that don't keep up with inflation, public sector … (View Post)
I agree with this. The period leading up to the GFC involved quite insane levels of borrowing to boost demand and mad levels of debt. After the crash what we really needed was a serious burst of infl… (View Post)
Yep, when you stop teaching economics in state schools you can get away with almost anything. The old aphorism of if you think education is expensive, try ignorance comes to mind. (View Post)