Filed under: cartoon, Funny, Holyrood, Politics, Power, Scotland, Scottish Referendum, Volunteering | Tagged: Alistair Darling, Alistair Darling cartoon, Bankers Bonuses, Coalition, David Cameron, Holyrood, Labour Party, politicians, Politics, Tories, Tory Cuts | 1 Comment »
Trickle-down economics” and “trickle-down theory,” is a term used in political rhetoricto classify economic policies perceived to benefit the wealthy and then “trickle-down” to the middle and lower classes. The theory states that if the top income earners invest more into the business infrastructure and equity markets, it will in turn lead to more goods at lower prices, and create more jobs for middle and lower class individuals. This sentiment is captured in John F. Kennedy’s argument, “a rising tide floats all boats“. Proponents argue economic growth flows down from the top to the bottom, indirectly benefiting those who do not directly benefit from the policy changes. However, others have argued that “trickle-down” policies generally do not work, and that the trickle-down effect might be very slim.
I received this as a comment today and have decided to post it in full as it touches on many themes this blog tries to cover. Most especially it points up the disregard with which those who hold the purse strings treat voluntary organisations. Their cost effectiveness and success are mainly ignored as that success cannot be claimed by those who hold political power.
It is estimated that for every £1 given in grants/funding to a voluntary organisation £9 worth of return is generated.
One Response to “Leith News”
I just received an e-mail asking if I would like to attend a Guardian media event. This event is headlined Ethnic Media Summit and I quote “ this one-day summit will examine the challenges facing the media industry as it struggles to engage with ethnic minority groups in the digital age”.
There is of course a discount for not-for-profit and voluntary organisations to send a delegate, however £346. 63 not including travel or an overnight stay is probably a little on the steep side.
£364.63 is more than a month’s rent at the community radio station I volunteer with, it’s more than a third of the annual rates bill and to really get down to the nuts and bolts represents a years supply of toner for the printer. These media people have no idea of how difficult it is to raise funds commercially or through grants and funding simply to survive as a voluntary organisations. I think perhaps they need to re-engage with reality rather than ethnic minorities. Perhaps what they really need to do is go out and speak with the diverse minorities of our green and pleasant land and give them a chance to do their own thing in the various media areas this summit it will cover.
Leith FM the community radio station of Edinburgh and Leith has had no trouble attracting Polish, Spanish, Arabic and French programming, Google Leith FM to listen live or follow the link below.
And if anyone would rather give the equivalent of their Ethnic Media Summit fee to an organisation that is having no problem engaging with ethnic minorities, as we see them as equals and assets to the radio station, let me know and I’ll ensure your donation goes somewhere it will be used usefully. Leith FM.