"The true scale of Britain's national indebtedness was laid bare by the Office for National Statistics yesterday: almost £4 trillion, or £4,000bn, about four times higher than previously acknowledged.
It quantifies the burden that will be placed on future generations, and it is the ONS's first attempt to draw together the "off-balance-sheet" liabilities that have been accumulated by the state. The figures imply a huge "intergenerational transfer" – broadly in favour of today's "baby boomer" generation at the expense of younger people and future generations.
The debt primarily consists of the cost of public sector and state pensions, and of payments promised to private contractors under private finance initiatives. It far exceeds any of the figures so far published for the national debt, the largest current estimate for which is £903bn. That is projected to rise to £1.3trn by 2015.
If the current generation of taxpayers wanted to remove the higher bills facing their children and grandchildren, they would now be paying around 30 per cent more in tax."
The article goes on to say that many of the future generation will not experience the luxuries that the current generation have taken for granted such as affordable university. great to think that at my age i've possibly seen the best state that British society will ever be in and from now on will be a decline and even devolution in progress and even now at the decline of the peak there's massive problems and injustices. i wonder if i this problem will be solved in my life time or always lingering in the background to our development.
one of my lecturers said to me the greatest sin of a professional is not to share their knowledge. then whos going to learn when no one can access it.
The other day someone mentioned that a institution like a university is becoming redundant. They asked why most course can not be carried out on-line and by one single national exam body. This may be a extreme idea but seems quite a good one to me. however where would something like a practice based profession like nursing fit into this. open university do provide a nursing course, however i don't know how successful it is.
could university actually be a threat to nursing practice? seems i'm echoing my last post, something to ponder. but will individuals from privilege backgrounds, the ones who will be able to afford the new university fees be inclined to practice nursing. not attempting to classify people by class but to me my nursing cohort is predominately working and lower middle class individuals that come from state run schools. we will lose individuals like me, my friends and colleagues, who have a passion for caring and want to bring changes to the profession. just for the sake of academia?
i asked my friends this and they see the way nursing is heading is to have health care assistants making up the majority of staff and having just one nurse to do I.Vs and medication. arguably that is how it is now and it could be said there is nothing wrong with health care assistant but my god thats a bleak horriable few of nursing. why would we want it to ever turn out this way, with us having minmal interaction with the patients.
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